docs

How Layup works, in plain English.

Launch a coin and its market in one transaction, for 0.002 ETH. The liquidity can never be pulled out, 1% of every trade goes back to the creator, and every fee the launchpad earns is spent buying $LAYUP.

05 chapters · a four minute read
chapter 01

What Layup is

A place to create a coin and open its market in one go, where the money behind it can never be taken out.

Layup is a launchpad. You give it a name, a ticker and 0.002 ETH, and it creates your coin and the market people trade it on, in a single transaction. No coding, no listing application, no waiting. A minute later your coin has a page, a price and anyone in the world can buy it.

The market it opens is a pool: a shared pot holding your coin on one side and ETH (or UP) on the other. People buy by putting ETH in and taking coins out, which is what makes the price move. The pot is the reason the coin is worth anything at all.

The usual way this goes wrong is that whoever launched the coin walks off with that pot, leaving holders with something they cannot sell. It is common enough that it has a name: a rug pull. Layup makes it impossible rather than promising it will not happen. Ownership of the pool is handed to a contract that has no button for giving it back — no timer, no admin, no exception. The liquidity is parked there for good.

The rest of this page is short: how a launch works, what the 1% trading fee is, and what we do with our half of it.

chapter 02

Launching a coin

0.002 ETH, three choices, and the chain does the rest before you finish reading this.

A launch costs a flat 0.002 ETH and asks you for three things:

  • What it trades against. ETH or UP. This is the money people spend to buy your coin, and what its price is quoted in. Picked once, at launch.
  • A name and ticker. Each pairing can only be used once here.
  • How much you keep. Anywhere from nothing to 10% of the supply, sent to your wallet in the same transaction. The other 90% or more goes into the pool, where it stays.
ETH18 decimals

ether, paired through canonical WETH. Buyers spend ordinary ETH.

UP18 decimals

up.'s own token, the asset behind Robinhood Chain's liquidity engine.

fig. 1the two things a coin can trade against

You do not choose the starting price and you do not put up any money of your own. One billion coins are created, and they are priced so the whole supply is worth about $4,000 on day one. The first ETH in the market comes from the first buyer, not from you.

  1. 1
    you sign once

    one transaction carries the fee and your three choices: what it trades against, the name, how much you keep

    0.002 ETH
  2. 2
    the supply exists

    all one billion coins are created in that moment, and no way to make more survives it

    1,000,000,000
  3. 3
    your keep leaves first

    whatever share you chose lands in your wallet before the market opens

    0 to 10%
  4. 4
    the pool opens

    the rest of the supply goes in, priced so the whole billion is worth the standard opening cap

    $4,000
  5. 5
    the pairing is locked

    ownership of the pool goes into a contract with no way to hand it back

    forever

if any step failsthe whole launch cancels itself, fee included. There is no half-launched state.

fig. 2a launch, start to finish
chapter 03

The 1% trading fee

Every trade pays 1%. Half of it goes to whoever launched the coin, for as long as it trades.

Every buy and every sell pays a 1% fee. That is not something Layup bolts on: it is the standard fee of the pool itself, charged by the market the same way for everyone. It is split down the middle.

a 100 ETH buy100.00
99.00into the pool, deepening the reserve behind the token1.00the fee
the fee, magnified
0.50to the wallet that created the token0.50to Layup, spent on $LAYUP buybacks

Charged by the pool on every trade, in both directions, and split the same way every time. Nobody can change the ratio and nobody can point it somewhere else.

fig. 3where a buy goes, and where the fee goes

Half goes to the creator. If you launched the coin, you earn from every trade in it, forever, with nothing to renew and nobody who can cut you off. The earnings pile up inside the pool until someone presses collect on the coin’s page — anyone can, and the money still only goes to the two places below.

Half goes to Layup. That is the next chapter.

chapter 04

Where our share goes: $LAYUP

Both of the things Layup earns are spent on one thing: buying back $LAYUP on the open market.

Layup earns money in exactly two ways. The 0.002 ETH paid to launch a coin, and half of the 1% trading fee on every coin launched here. There is no third way, no hidden cut of the supply, and no fee that can be turned on later.

All of it goes to the same place: buying $LAYUP, the launchpad’s own token, on the open market like anybody else — same pool, same 1% fee, same price everyone is getting at that moment.

what the launchpad earns
0.002 ETH
every launch

the flat fee paid once, when a coin is created

50%
of every trading fee

our half of the 1% the pool charges on each trade, forever

buying $LAYUP on the open market

Every fee the launchpad takes is spent buying back its own token, on the same pools everyone else trades on.

fig. 4every fee the launchpad takes ends up buying $LAYUP

The point is to tie one thing to the other. The busier this launchpad gets, the more coins get launched and the more they trade, and the more of that revenue turns into buying pressure on $LAYUP. Holding $LAYUP is a way of holding the launchpad’s activity rather than any single coin launched on it.

Two things worth being plain about. Buybacks happen from fees actually collected, so they follow real trading volume — a quiet week is a small week. And they are a spending policy, not a promise written into the contracts: what the contracts do enforce is the part that protects holders, namely that the fee split cannot be changed and the liquidity cannot be pulled.

$LAYUP has not launched yet. Until it does, launch fees and the launchpad’s half of trading fees are simply accumulating; the moment the token is live, its address appears on the front page and in Appendix A.

chapter 05

Questions people ask

The short answers, without the contract talk.

Can the liquidity be pulled?

No. Ownership of the pool sits in a contract with no way to hand it back — not after a delay, not by us, not by the creator. The function does not exist, so there is nothing to trust and nothing to watch.

Can the creator dump on everyone?

They can sell whatever they kept at launch, which is capped at 10% of the supply and shown on every coin's page. The other 90% or more is in the pool and can only be bought, never withdrawn.

Do I need to put up money to launch?

Only the 0.002 ETH fee and a little gas. You supply no liquidity of your own — the coins go into the pool and the first buyer brings the first ETH.

How do I get paid as a creator?

Your half of the trading fees builds up inside the pool. Pressing collect on your coin's page pays it out in one go, and anyone can press it — the money only ever goes to you and to the launchpad.

Can Layup change the fee or take more later?

No. The 1% fee and the 50/50 split were fixed when the contracts were deployed, and the contracts have no owner and no upgrade path. Changing anything would mean deploying a different launchpad, which would not touch a single existing coin.

Why should I care about $LAYUP?

Everything the launchpad earns is spent buying it. It is the one thing that gets more valuable as the whole launchpad gets busier, instead of riding on a single coin.

Where does all this actually run?

Robinhood Chain, on up.'s liquidity engine. Every contract involved is listed in Appendix A and readable on the block explorer.

appendix A

Numbers and addresses

The whole thing on one plate, for readers who want to check it themselves.

cost to launch
0.002 ETH, exact
coin supply
1,000,000,000, minted once
trades against
ETH (as WETH) or UP
opening market cap
$4,000, every launch
creator keep
0 to 10% of supply
trading fee
1% on every trade
fee split
50 creator / 50 launchpad
launchpad revenue
100% into $LAYUP buybacks
liquidity lock
permanent, no unlock exists
chain
Robinhood Chain (id 4663)

Layup writes as little of its own code as it can. None of its contracts has an owner or an upgrade path. It is built on this launch and liquidity infrastructure:

ContractAddress
LiquidityLauncher v3.2.00x0000FffFBE8efE702c8703aE3477FF5dE3d319C0
UERC20Factory0x000000e200088D55C39a11F609E5F667729ad49b
up. v3 pool factory0x1ac9dB4a2608ba45D6127B1737949b51Bb54B7F3
up. v3 position manager0x07F44c47743A2f36414A82b9F558ECFCf0EEdCEf
up. v3 swap router0xC062b870E813fcA720f1e002c234369Ab3aB9415

$LAYUP, the token every fee buys: not launched yet; the address lands here and on the front page the moment it is.

Chain endpoints: RPC rpc.mainnet.chain.robinhood.com · explorer robinhoodchain.blockscout.com. If you read Solidity, the contracts in contracts/src/ are short and are the final word on everything above.

The contracts are the final word. This page just reads them out loud.