RATCHET
A Meteora launchpad where the team allocation is held by a program, and can only reach the market above the graduation price.
useratchet.xyz · Meteora DBC track
The problem
We read every team allocation ever locked on Meteora’s bonding curve, straight from mainnet.
Would Ratchet have stopped them?
An evenly spaced sample of 41 teams that emptied their unlocks. We priced every DEX sale against the token’s graduation price, from mainnet, and checked it against the vault’s rules.
We saw it on our own launch
Only a program that holds the tokens can refuse a sale.
How Ratchet works
Built on Meteora, end to end
The vault
A native Solana program. The floor starts at 1.25× the graduation price and can only go up. A sunset, if any, is fixed at launch and at least 180 days out.
25/25 lifecycle checks · 30 unit tests + CI · in testing until audited
Why it matters
What’s next