How it works
Open, trade, clear. The money is on chain the whole way, and the split is fixed when the pool is created.
- 01
Open a drawer
Pick an X handle, name the coin, launch it. The handle is written into the coin at launch and no one can point it somewhere else afterwards.
- 02
Every fill drops a dime
A buy or a sell pays 1.5625%. 1% of it leaves the trade as the trade settles, earmarked to the handle's drawer, so there is nobody who has to decide to pay it.
- 03
The dime clears
Dimes sit in the pool's creator fee until a claim moves them into the drawer. Once claimed, the tape marks them cleared.
- 04
The handle takes it
The owner connects a Solana wallet, Usedime verifies them on the server, and one transaction moves the cleared balance. We never hold it.
Anyone can push a drawer's money in
Claiming a pool's creator fee into its drawer is permissionless. It can only ever move the money to the one drawer that pool was created for, so nobody needs to wait on us to run it.
A curve first, then Meteora DAMM v2
Coins start on a bonding curve. At 85.000 SOL raised the curve completes, liquidity migrates to Meteora DAMM v2, and dimes keep dropping after that.
One drawer per handle
Launch five coins for the same person and all five pay one drawer. The drawer exists from the first launch and never closes.
Nothing to claim, nothing to sign
The owner does not need an account here. Their drawer fills in public and waits. Signing in only decides where the money goes when they take it.
Where the 1.5625% goes
The split lives in the Meteora DBC config the pool was created from. Meteora’s program is what divides the fee, not ours — the handle’s share never passes through anything Usedime controls.
The route the money takes
Four hops from the person who pressed buy to the person the coin was opened for.
- 01A trader buys$250.00on the curve, or on the AMM after it graduates
- 02The pool charges1.5625%$3.91, split by the config the pool was created from
- 03The dime drops+$2.50taken out of the trade, earmarked to their drawer
- 04The handle cashes out1 txto a wallet they connect, whenever they turn up
What happens to one dime
Written the moment a trade settles, spendable once it has been claimed.
- 01WrittenNo. 000001the moment the trade settles on chain
- 02Droppingpendingheld in the pool's creator fee, not yet spendable
- 03Clearedspendableclaimed into the drawer, and the money is theirs
- 04Cashedreleasedmoved to a wallet by whoever owns the handle
Open a drawer for anyone
One handle, one coin, a dime on every trade.