Skip to main content

What is Apyx?

Apyx is a memecoin launchpad on Solana. You launch and trade tokens on bonding curves. Here’s the twist: tokens automatically and permissionlessly enter duels with other tokens in the same bucket and window. When a duel resolves, the two coins effectively merge into the winner.
  • The winner gets a boost: the loser’s SOL liquidity (from the loser’s bonding curve) is moved to the winner’s curve.
  • That SOL is used to buy winner tokens and put them in a mercy vault. Those are mercy tokens — available only to holders of the token that lost the duel.
  • Loser-token holders can claim mercy: they receive winner tokens from the mercy vault without paying any SOL (only gas for the transaction). So they migrate to the better-performing asset at a fixed, on-chain rate.
  • Remaining tokens still in the loser’s bonding curve are burned. The loser token is done; value has moved to the winner and to mercy claims.
So: one token wins and gets more liquidity; the other “loses” but its holders can claim winner exposure (mercy) instead of being left with a dead token.

Why it matters for you

  • If your token wins the duel — Its bonding curve gets the loser’s SOL. More liquidity, higher market cap potential, and your position benefits from the boost.
  • If your token loses — You’re not stuck. Claim mercy to swap your loser tokens for winner tokens (no extra SOL, just gas). You end up holding the better-performing asset.
That creates a survival-of-the-fittest environment: permissionless and fully on-chain. You can invest in any token; if it loses a duel, you can always migrate to the winner via mercy. If you’re already on the winner, you keep benefiting from the boosted curve. When a bonding curve sells out, the token graduates to PumpSwap: it gets a normal liquidity pool and leaves the duel system forever. No more duels for that token.

In short

Apyx is a memecoin launchpad where tokens duel automatically and permissionlessly. The winner absorbs the loser’s liquidity; loser holders can claim winner tokens (mercy) for free (except gas). It’s an on-chain, programmatic “survival of the fittest” for memecoins—and you can always move to the better asset by claiming mercy or by holding the winner.

How duels work

No one picks pairs or outcomes—pairing and resolution are on-chain and verifiable.

Terminology

TermMeaning
DuelA head-to-head between two tokens in the same bucket and window. First to reach the target market cap triggers resolution; the token with the higher market cap wins.
TokenA memecoin launched on Apyx. It has a bonding curve and can enter duels until it graduates.
Bonding curveThe pool where your token is traded before graduation. You buy with SOL and get tokens; you sell tokens and get SOL. Price and market cap are derived from the curve’s reserves.
Mercy tokensWinner tokens that are sent to a mercy vault when a duel resolves. Only holders of the loser token can claim them (receiving winner tokens pro-rata). Also called “winner tokens” in the context of mercy.
PumpSwapA DEX on Solana. When your token graduates, a PumpSwap pool is created and the token is traded there instead of on the bonding curve.
Loser tokenThe token that had the lower market cap when the duel resolved. Its SOL is moved to the winner; its holders can claim mercy (winner tokens).
Winner tokenThe token that had the higher market cap when the duel resolved. It receives the loser’s SOL and the mercy vault is filled with winner tokens for loser holders to claim.
WindowA time slice (based on Solana slots). Tokens in the same bucket and same window can be paired into a duel if their match key collides.
SlotA unit of time on Solana. Windows are made of slots (e.g. window = slot range).
BucketA market-cap range. Tokens in similar market-cap ranges fall into the same bucket. Duels only happen between tokens in the same bucket and same window.