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KovaSwap combines a fair-launch market with a full permissionless V2 exchange. It supports two paths:
  • Create a coin: deploy a non-mintable ERC-20 with exactly 1,000,000,000 tokens and open its bonding curve in one transaction.
  • Graduate an existing coin: prepare an unsigned transaction that creates a KovaSwap V2 pool and seeds it with launch liquidity.

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Native Kova launch lifecycle

  1. Free launch: the creator pays gas only. There is no presale, team allocation, or launch fee.
  2. Immediate curve trading: anyone can buy or sell against the canonical quote asset from block one.
  3. Automatic graduation: once net curve liquidity reaches the chain manifest’s objective threshold, the factory migrates the remaining assets into a standard KovaSwap V2 pool.
  4. Permanent LP lock: all graduated LP is minted to the irrecoverable lock address. Neither the creator nor KovaSwap can withdraw the principal.
  5. Normal DEX trading: the graduated market is available to KovaSwap routing and any external V2 integration.

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Token guarantees

Native launch tokens are plain immutable ERC-20s. They have no owner mint, pause, blacklist, max-wallet, or transfer tax. The factory enforces the one-billion-token supply.

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Creator and protocol revenue

Every curve trade pays 1.00%:
  • 0.50% to the creator
  • 0.30% to KovaSwap
  • 0.20% retained for graduation liquidity
Creator fees accrue in both the launch token and canonical quote asset. The creator can claim at any time and route the revenue across as many as five wallets. A creator handoff resets routing and transfers future fee authority without changing token ownership or liquidity.

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Metadata and discovery

Creators can click or drag an image onto the coin icon; KovaSwap crops and compresses it into permanent launch metadata. Description and social links are emitted in the same launch event. Explore indexes only native Kova launch events, then reads curve progress and graduation state from the factory. KovaSwap does not require a listing application or custody of private keys.