how SludgePad works
SludgePad is a pump.fun launchpad paired with $SLUDGE. you launch a coin, lock its creator fees to one desk, and every few minutes those fees buy $SLUDGE — most of it for your holders, some as buyback on the main coin. this page is the full loop: fees, drops, the main mint, the optional peg, and how a launch actually lands on-chain.
what SludgePad is
every launch here is a normal pump.fun coin on solana. same bonding curve, same trading ui on pump.fun, same graduation path. the difference is the fee lock: at launch, 100% of creator fees are pointed at the SludgePad desk and cannot be edited back. pump.fun still takes its own protocol fee. the desk only ever receives the creator share.
$SLUDGE is the main coin on the pad. coins you launch are paired with it in an economic sense — when they trade, their locked creator fees fund $SLUDGE buys that land with holders of that coin, plus a buyback on $SLUDGE itself. holding a pad coin is how you earn $SLUDGE from that coin's volume.
the loop
a keeper watches every coin launched on SludgePad. on a fixed cadence (about five minutes while it is running), it claims whatever creator fees have piled up, buys $SLUDGE, and settles the round. rounds are global for the pad but accounting is per coin: each launch only funds its own holders.
five coins that each earned 1 SOL in fees become one round: about 3.5 SOL of $SLUDGE for holders and 1.5 SOL of $SLUDGE kept as buyback. each coin's holders only get what their coin paid for.
where fees go
of every SOL claimed from coins launched on SludgePad, the split is fixed. there is no creator rebate and no discretionary share after the fee lock is signed.
pump.fun's protocol fee is separate and never enters this split. only the locked creator fee does. dust below the claim threshold stays on the coin until the next round that clears it.
who gets $SLUDGE
drops are per coin. if you hold coin A, you only receive the slice of $SLUDGE funded by coin A's fees — never another launch's share. eligibility is scanned from token accounts on-chain each round.
if a coin has fees but nobody meets the holder rules yet, the keeper leaves those fees unclaimed until someone does. once eligible holders appear, the next round can claim and drop.
the main coin
$SLUDGE is the exchange coin of the pad. it is what holders of SludgePad launches receive, and what the 30% path buybacks. it can also sit in a Meteora pool against USDC as a soft peg — a second venue next to the pump.fun curve, not a freeze of that curve.
creator fees on the main $SLUDGE mint itself are not auto-claimed by the SludgePad keeper. those stay for the team to claim and use manually. pad launches and the main mint are separate fee paths on purpose.
meteora peg
pump.fun is a bonding curve — price can run. the peg is optional inventory nearby: a Meteora DLMM pool of $SLUDGE / USDC with liquidity concentrated in a band around a target price. it is a soft peg, not a hard guarantee.
when price drifts away from the target, trades hit that band. when the target itself moves, a peg keeper can lift the position and set it down again centered on the new price. the pool does not override the pump.fun curve; it only works while it is funded and the band is placed.
no peg is required for launches or drops. the fee loop runs the same whether or not a Meteora pool exists.
launching a coin
from the launch page you create a pump.fun coin and lock fees in two signatures. until the lock confirms, the site does not list the coin as a SludgePad launch.
metadata has to be reachable on a public https url for pump.fun to load it — a local-only site will not work for a real launch. after lock, creator fees cannot be reassigned.
the desk
one wallet is the SludgePad desk. it is the shareholder written into every launch's fee config. it receives claims, pays for $SLUDGE buys, and sends drops. it keeps a small SOL float so rent and fees do not stall mid-round.
your profile page shows the coins you created on SludgePad, your SOL balance, and any $SLUDGE sitting in that wallet. the site footer shows the live $SLUDGE contract when it is set, plus the project x link.
nothing here is financial advice. coins can go to zero. drops depend on the keeper staying online and the desk staying funded with enough SOL to claim, buy, and transfer.
SludgePad