Docs
The whole thing in seven short sections and a glossary.
What Usedime is
Usedime runs on top of Meteora Dynamic Bonding Curve on Solana. Anyone can launch a coin for any X handle. Whoever launches it gets the coin. The handle gets a drawer, and every trade of that coin drops a dime in it.
The handle’s owner does not need to be here for the money to pile up. Connecting a wallet decides where the balance goes when they take it, and nothing else.
The fee
Every trade pays 1.5625%, and Meteora DBC divides it before anyone here touches it. 1% is the dime, paid to the drawer as the pool’s creator. 0.25% goes to Usedime as the launch partner. 0.3125% is Meteora’s own protocol fee.
None of those three is the number we picked. DBC gives its protocol a flat fifth of every fee and splits the rest between the pool creator and the launch partner, and the one figure we set is that split: 80/20, which means Usedime takes a quarter of whatever the handle takes. Holding the dime at exactly 1% then makes the total 1.5625%.
A different split would give a different total rather than a smaller dime. At 100/0 the total would be 1.25% and we would earn nothing from coin trades. So 1.5625% is the consequence of our own cut, and it is stated here instead of being presented as arithmetic nobody could have chosen otherwise.
The split lives in the DBC config the pool was created from. Meteora enforces it, not us — there is no step where Usedime’s code holds the handle’s share and could point it somewhere else.
The curve
New coins trade on a bonding curve. At 85.000 SOL raised the curve completes, liquidity migrates to Meteora DAMM v2 and the coin graduates. Dimes keep dropping after graduation, at the same rate, because the fee is a property of the pool rather than of the curve.
Clearing
A dime is written the moment a trade settles. It stays dropping while it sits in the pool’s creator fee, and turns cleared once the drawer claims it on chain. Claims run on their own; there is nothing to press.
Anyone can trigger a claim — it is permissionless, and it can only move the money to the drawer the pool was created for. Waiting for us is not a dependency.
Cashing out
Go to your drawer page or to /cash, connect a Solana wallet, and release the cleared balance to that address. Usedime verifies the wallet on the server before it releases anything, so a browser cannot claim to be someone it is not.
Wallet is the only way in. There is no email login, no password and no social sign-in, because the money leaves to an address and an address is the only thing worth asking for.
Buyback and burn
Every trade of $DIME, the platform token, pays a creator fee. Meteora DBC credits it in SOL to the coin’s creator, and all of it is committed to buying $DIME back and burning it.
The fee is claimed, spent on the open market, and the coins go to the burn authority, which has one instruction and it is SPL burn. The coins are destroyed and the supply figure drops; they are not parked at an address that merely nobody holds the key to. Every burn, every address and the running total sit on the burn page.
Programs
Everything lives on Solana, mainnet-beta. Accounts, transactions and balances are readable on Solscan by anyone.
- $DIME mint
- FSa4cB48XsQN1WvvZf8uZcuM3PXLeRzYnPjCv5nTpump · reserved, not created yet
- Drawer program
- launching soon
- Burn authority
- launching soon
- Meteora DBC
- dbcij3LWUppWqq96dh6gJWwBifmcGfLSB5D4DuSMaqN
- RPC
- https://api.mainnet-beta.solana.com
- Explorer
- https://solscan.io
The launchpad address above is Meteora’s and is live today; you can read it without waiting for us. The two that say launching soon are ours, and until they exist the figures across this site are a generated preview that every page showing them declares.
The words we use
- Dime
- One payment written to a handle by one trade of their coin. Every line on the tape is a dime.
- Drawer
- Where a handle's dimes wait. One per handle, on chain, filling with every trade of every coin opened for it.
- Open a drawer
- Launch a coin for a handle. From then on, every trade of that coin drops them a dime.
- Drops for
- The handle a coin pays. Set when the coin is opened; it never changes.
- Cleared
- Money that has settled in the drawer on chain, or has already been cashed out.
- Dropping
- A dime that has been written but has not been claimed into the drawer yet.
- The tape
- The public ledger of every dime, newest first.
- No.
- A dime's number. Six digits, stable, derived from the transaction.
- Pool creator
- The address Meteora DBC pays the creator share of a pool's fee to. For every coin here it is the handle's drawer.
- Graduation
- The moment a coin's curve completes at 85.000 SOL raised and liquidity migrates to Meteora DAMM v2.