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How the Bonding Curve Works
Every token on Emoji Fun launches on a bonding curve — a mathematical formula that determines the price based on supply.
Key Concepts
- Price increases with buys— More demand = higher price
- Price decreases with sells— Less demand = lower price
- Instant execution— No waiting for counterparty
- Zero slippage— Price is deterministic
The Formula
We use a sigmoid bonding curve, which creates a smooth S-curve for price discovery:
price = basePrice × (1 + (supply / targetSupply)²)
This means early buyers get lower prices, but the curve flattens as it approaches graduation, preventing extreme volatility.
Example
At 0% sold$0.00000001
At 25% sold$0.00000012
At 50% sold$0.00000089
At 75% sold$0.00000234
At graduation (100%)$0.00000850
Benefits
- Fair price discovery — no manipulation
- Always liquid — buy/sell anytime
- Transparent — price is predictable
- Permissionless — no gatekeepers