> ## Documentation Index
> Fetch the complete documentation index at: https://docs.priest.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Launchpad Overview

> Priest.trade lets you launch a coin on Monad with an instant perpetuals market from day one, or list an existing coin without having to l...

Priest.trade lets you launch a coin on Monad with an instant perpetuals market from day one, or list an existing coin without having to launch from scratch.

***

## Two ways to trade on Priest.trade

```
                          ┌───────────────────────────┐
                          │    Choose Your Pathway    │
                          └─────────────┬─────────────┘
                                        │
                ┌───────────────────────┴───────────────────────┐
                ▼                                               ▼
    [ Launch a New Token ]                             [ List an Existing Token ]
    • Deploys a new ERC-20 token                       • Connect an existing Uniswap pool
    • Starts on the Primary vAMM curve                 • Starts directly on the Secondary Engine
    • 10x leverage cap in 24h warmup                   • Prices off real spot depth
    • Graduates to Uniswap v4 when ready               • Backed by Counterflow Vault
```

### 1. Launch a new coin

* Create a brand-new token directly on Priest.trade.
* The protocol deploys the token contract (`PerpesToken.sol`) and initializes a vAMM perpetuals market.
* No upfront spot pool is needed; traders can long or short with leverage immediately.
* Once the coin builds volume and clears 5 gates, the protocol graduates the market by seeding a Uniswap v4 spot pool and burning the LP tokens forever.

### 2. List an existing coin

* Already have a coin trading on Monad with a Uniswap v3 or v4 pool?
* Anyone can call `listMarket()` to open an oracle-priced perp market immediately.
* The market skips the vAMM and trades directly on the secondary engine.
* The person who lists the coin earns creator trading fees!

***

## Why launch here?

1. **Earn from trading volume:** Creators earn up to **50% of all trading fees** generated by their perp market.
2. **Shorting enabled:** Your community can hedge spot holdings or profit during downturns without waiting for CEX listings.
3. **No team pre-mine rugs:** 100% of the token supply is minted directly into the engine at launch. The creator gets zero free tokens.
4. **Permanent spot liquidity:** Graduation permanently locks seed liquidity on Uniswap v4 by burning the LP position NFT to `0x...dEaD`.

***

## See also

* [Launching a Token](https://docs.priest.trade/launching-tokens/launching-a-token.md) — step-by-step launch guide.
* [Permissionless Listings](https://docs.priest.trade/launching-tokens/listing-tokens.md) — how to list an existing coin.
* [Creator Earnings](https://docs.priest.trade/launching-tokens/creator-earnings.md) — how creator fee splits work.


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