A permissionless token launch venue on Solana (Meteora DBC/DAMM v2) and Robinhood Chain whose defining feature is fee-splitting: a SOL-quoted launch must allocate its trading-fee stream across up to 100 named claimants in explicit basis points, while the non-SOL path skips the fee-share config entirely. Strongest on unavoidable protocol fee and fee disclosure (9/10): This overturns the panel brief's TRAP 6 ("Bags' '1%' is a null... publishes elaborate BPS plumbing and no take rate"). That is no longer true: Bags now publishes the most granular fee schedule in the pool, exceeding the Heaven anchor on the trade-fee axis. Weakest on post-deploy rug surface and admin powers (6/10): A split verdict, and the criterion's 'honest retention outranks silence' rule is what saves it. Published price: PUBLISHED, and on two surfaces, not one. Solana trade fees, https://docs.bags.fm/how-to-guides/customize-token-fees (read 2026-08-27): "There are seven available fee modes.
Token Launch Platforms
Token Launch Platforms evaluated across unavoidable protocol fee and fee disclosure, creator control surface and published ranges, graduation and LP disposition, and post-deploy rug surface and admin powers.
Ranked on 4 published criteria weighted 30/30/25/15, which set goal alignment — 30 of the 86 points. The rest: regional access 20, evidence depth 18, ease of use 10, institutional trust 8. Profile match is shown in breakdowns but carries no weight.
What matters most before choosing in this category
Weighted on the protocol fee an issuer cannot configure away (30), the control surface they keep at deploy (30), where the liquidity lands when the curve completes (25), and the residual power the venue holds over a live token (15). FEE AND CONTROL SHARE THE LEAD BECAUSE BOTH ARE ONE-WAY. The venue is chosen once, on the day the token is deployed, and its fee is then charged on every trade for the life of that token; vesting, cliffs, fee splits and revoked authorities are set at deploy and cannot be revisited once it is trading. THIS PAGE RANKS DOCUMENTATION, AND SAYS SO. The venue that documents best is not where most people launch — the leader earns it on a proxy-topology table and a seven-mode fee schedule, and the runner-up largely on one page that both renounces and admits what it keeps. Where a venue’s page and its deployed config disagree, the config wins the fee and the page loses the disclosure point; the disagreement is never itself scored as the fee. THERE IS NO TRACK-RECORD SCORE, deliberately. Not one venue in this pool publishes its own launch archive with outcomes, so a record here would be assembled from third parties. The rug criterion instead reads what each venue states CANNOT be done to a token once it is live, which is the only half of that question anyone has put in writing.
Weighted on the protocol fee an issuer cannot configure away (30), the control surface they keep at deploy (30), where the liquidity lands when the curve completes (25), and the residual power the venue holds over a live token (15). FEE AND CONTROL SHARE THE LEAD BECAUSE BOTH ARE ONE-WAY. The venue is chosen once, on the day the token is deployed, and its fee is then charged on every trade for the life of that token; vesting, cliffs, fee splits and revoked authorities are set at deploy and cannot be revisited once it is trading. THIS PAGE RANKS DOCUMENTATION, AND SAYS SO. The venue that documents best is not where most people launch — the leader earns it on a proxy-topology table and a seven-mode fee schedule, and the runner-up largely on one page that both renounces and admits what it keeps. Where a venue’s page and its deployed config disagree, the config wins the fee and the page loses the disclosure point; the disagreement is never itself scored as the fee. THERE IS NO TRACK-RECORD SCORE, deliberately. Not one venue in this pool publishes its own launch archive with outcomes, so a record here would be assembled from third parties. The rug criterion instead reads what each venue states CANNOT be done to a token once it is live, which is the only half of that question anyone has put in writing.
Expert review and scoring weights
How this category is reviewed
Reviewed on unavoidable protocol fee and fee disclosure, creator control surface and published ranges, graduation and LP disposition, and post-deploy rug surface and admin powers.