Launch Safety Check
Never LP a graduation that fails ANY gate below. Most launch tokens go to zero; the fee income has to outrun IL + dump, and one honeypot or rug wipes the position. Reject fast and move on — there is always another graduation.
Gate order (cheapest / most-disqualifying first)
1. Sellability (honeypot) — do this FIRST, it's the killer
A token you can buy but can't sell is a total loss. Round-trip a quote through the pool:
manage_amm(action="quote_swap", connector="meteora", network="solana-mainnet-beta", pool_address=<pool>, base_token=<base_mint>, side="SELL", amount=<small>)- and
... side="BUY", amount=<small>
Both must return a sane quote. If the SELL quote errors, reverts, or returns ~0 out / absurd price impact → honeypot, reject. (A transfer-fee/tax token shows as a large one-directional impact — treat high asymmetric impact as a red flag too.)
2. Objective on-chain + static gates — one routine call
manage_routines(action="run", name="launch_safety_check",
agent="meteora_launch_lp",
config={"pool_address": <pool>, "rpc_url": <private RPC>, "require_verified": false,
"require_mint_renounced": true, "require_freeze_disabled": true,
"max_top10_holder_pct": 60, "min_tvl_usd": 10000})
Returns a PASS/FAIL verdict over: mint authority renounced (no infinite dilution), freeze
authority disabled (can't freeze your tokens — a honeypot vector), top-10 holder concentration
(≤ 60% — else a whale can dump on you), TVL floor, and optionally verified / LP lock.
Any FAIL → reject. (Use a private rpc_url; the public endpoint rate-limits the holder query.)
3. Real post-graduation demand — don't LP the dump
The pump-graduate-dump pattern means early full-range LP eats the drawdown. So:
- Skip the graduation candle. Wait until the pool is past its first hours and price/volume have
stabilized (
easya_graduation_monitorreportsAge(h); prefer age past yourmin_stabilize_hours). - Require rising/steady 24h volume and buys not one-sided sells (the monitor's
Vol24h+FeeYield; a collapsing volume or a one-way sell wall → skip).
Decision
Enter only if all three pass. On any failure, journal the reason (token, gate, value) and skip — these rejections are signal for future picks. Re-run gate 1 (sellability) periodically on held positions: if a token becomes unsellable, exit immediately at any price you can still get.