How it works

Launch a coin and its fees go to auction. Every coin on LOT launches on Meteora paired with SOL, and its trading fees are claimed by a house and sold as a lot every few minutes, before and after graduation. Bidders pay in the coin. The winning bid burns. Losing bids come straight back. You set your cut at launch, and nobody can change it after.

Four movements, every lot

One house, looping. Click a step to jump.
TRADES ON METEORABUYSELLBUYHOUSEPOT80% OF EVERY FEE20% → $LOT BURNERAUCTIONED FOR $LOTTHE ROOM04:597xKp…c3E2198K4nBd…09f7212KB7e0…5A1c241KWINNERSOLCREATOR0–30%241K BURNED
  1. 1
    Fees land in the house
    Every trade on Meteora pays the coin's trading fee in SOL. The pool's creator seat belongs to the house, so only the house can claim it and nobody can point the fees anywhere else.
  2. 2
    A fifth goes to the $LOT burner
    20% of every fresh fee moves to the burner, which auctions it for $LOT and burns the winning bid. The other 80% becomes the lot.
  3. 3
    The room bids in the coin
    Bids are held, never spent. Each beats the last by 1%. A bid in the final seconds pushes the hammer back.
  4. 4
    The hammer falls
    The winner takes the pot in SOL, the creator takes their cut, whoever settled takes 2.5% — and the winning bid burns.

A burn engine you never touch

No bot to run, no keys to hold, no buyback wallet to explain. It runs itself and anyone can crank it.

Pots in SOL

Every coin trades against SOL on Meteora. Winners and creators are paid in SOL, not in your coin.

A cut of every pot, forever

Set 0–30% at launch. It is owed to your wallet on every sold lot and neither you nor we can change it after.

A live room, not a chart

Something happens on your coin every few minutes. A countdown, a ladder, a hammer. Attention compounds.

Why an auction

A buyback that lets the market name its own price

Most coins buy their own token back with a bot. The bot pays whatever the curve asks, eats the slippage, and can be seen coming. Here the auction is the buyback: bidders compete to convert the pot, so the burn happens at a price the room agreed on — and the house never buys, it only sells what it took.

Pair it with a stock and the pot is a stock. Every lot prints what that pot was worth next to what the winner actually paid in the coin. That premium, published every few minutes, is the whole argument.

$LOT

20% of every fee, from every house

There is one burner. Every house sends it a fifth of its fresh fees, and once $LOT launches the burner sells what it holds to the highest bid in $LOT every five minutes, and burns that bid. Until then it simply accumulates. $LOT itself is a plain launch whose creator rewards fund development and audits; it is the one coin here that is not auctioned.

The protocol

Program written from the spec · not yet deployed
Houseone PDA per coin · it holds the Meteora pool's creator seat · opened by the mint key
Feesclaimed by the house through permissionless collects (curve, then locked DAMM v2 LP) · 20% of fresh inflow to the burner, 80% to the pot
Settlementlazy: an idle lot reopens inside the next bid · settle only when a bid stands
Payoutswinner, creator and settler are pushed to their own accounts · credit is always the bidder's
Trustno admin, no pause, no withdraw · upgrade authority burned after audit · no platform fee · Meteora keeps its protocol share

LOT is experimental software on Solana, built on Meteora. Nothing here is financial, investment, legal or tax advice. Lots can pass, coins can go to zero, and a pot is only ever worth what someone bids for it. Check the mint address before you trade.