How Longpad works

Launch

Open Launch, connect a mainnet wallet, and enter a name, ticker, and image. The wallet signs once. That transaction creates the coin on Pump.fun. You pay the network fee and the mint rent from that wallet.

Creator fees

Right after the coin exists, the wallet signs a second time. That transaction assigns 100% of creator fees to:

2Qc7x1LfBSya9pgQqPgPsuxq9dBTyDrDcqL2gW7ijrJf

This happens for every coin. The dev buy, if you set one, runs only after the fees have been assigned, so those fees go to the same wallet.

Dev buy

The dev buy field is optional. Leave it at 0 and the launch only creates the coin. A number above 0 buys that much SOL of the new coin. The tokens stay in your wallet. The buy does not open a long.

Coins

After a launch, the coin shows up under Coins with its name, ticker, and image. View on Pump opens the coin on pump.fun.

The long

A long is 2×. You post SOL as margin. The position does not buy more of the coin. Exposure is the margin times two. A 50% drop from the entry price liquidates the position. Profit is paid only from SOL already in that coin’s vault. Other users’ margin stays put.

The long opens after the same wallet has bought at least 2 SOL of that coin in this app and still holds some of it.