How PayPad works
PayPad launches real pump.fun tokens with 1–10 SOL committed behind them. If the token migrates, the commitment is refundable.
Overview
A commitment shows that a creator is willing to put SOL behind their launch. You choose the amount, it is sent in the same transaction that creates your token, and every launch shows its commitment publicly on its token page and in Explore.
The token itself is a normal pump.fun coin. It trades on pump.fun like any other token; PayPad does not change how trading works.
The launch transaction
Everything happens in one atomic Solana transaction, signed by your wallet. If any instruction fails, the whole transaction fails and no commitment is transferred.
After it confirms, the PayPad server checks the transaction on-chain: that it succeeded, that you signed and paid, that the token was created by pump.fun with the submitted name, ticker and metadata, and that the treasury received exactly the chosen commitment. Only then is the launch listed.
Commitment
Choose any whole amount from 1 to 10 SOL. There is no free-form input and no decimals: the amount is fixed when you sign and shown on the token page afterwards.
Besides the commitment (and any dev buy), a launch needs about 0.03 SOL for network fees and rent.
Creator fees
Every trade of a pump.fun token pays a small creator fee. When you launch, you choose who receives it:
- You: the fees go to your wallet, as with any pump.fun coin. You claim them on pump.fun.
- Holders: the token is created as a pump.fun holder-reward coin. Its creator is a pump.fun account for that token instead of your wallet, and pump.fun pays the fees out to the token's holders. You receive none of them.
The choice is written on-chain by create_v2 and is permanent: it cannot be changed after launch. Each token page shows where its creator fees go. PayPad never receives creator fees.
Dev buy
You can optionally buy your own token in the same transaction, up to 50 SOL. The dev buy is your own purchase at the pump.fun price: you receive the tokens, and it is not refundable. Your wallet pays at most the dev buy plus 1%.
Migration and refunds
When a pump.fun token completes its bonding curve it migrates. For a PayPad launch, migration is what makes the commitment refundable.
Once migration is verified, the commitment is sent back to the wallet that launched the token, never to any other address. The token page then shows REFUNDED, the amount returned and, when available, the refund transaction on Solscan.
If the token does not migrate, the commitment is not refundable. The CLAIM button on token pages becomes available after migration.
Safety
- Your wallet shows and signs the full transaction. PayPad never asks for your seed phrase.
- Before you sign, the site checks the prepared transaction: fee payer, treasury, exact commitment, where the creator fees go, programs and compute budget.
- The token's mint key is generated in your browser, used once to sign, and never stored.
- There is no treasury private key anywhere in the app.
FAQ
What is the commitment?
SOL you put behind your launch: 1 to 10 whole SOL, sent to the PayPad treasury in the same transaction that creates your token.
When do I get it back?
Your commitment becomes refundable if your token migrates off the pump.fun bonding curve. It goes back to the wallet that launched the token, and the token page shows it as refunded.
What if my token doesn't migrate?
The commitment is only refundable after migration. Commit an amount you are comfortable putting behind the launch.
Is it a normal pump.fun token?
Yes. PayPad creates it with the official pump.fun program, paired with SOL, and it trades on pump.fun like any other coin.
What is the dev buy?
An optional first buy of your own token, up to 50 SOL, in the same transaction. It is your own purchase and is not refundable.
Does PayPad hold my keys?
No. Your wallet signs the transaction. The token's mint key is generated in your browser, used once to sign, and never stored.
What does a launch cost?
Your commitment, any dev buy, and about 0.03 SOL for network fees and rent.