The counter · Solana

Size goes over the counter.

Block trades off the pool for pump.fun tokens. Escrowed on chain, settled in one transaction, every fill stamped into a public ledger.

Step up to the counter Post an offer
Sell 5.00 % of ——
price impact
ON THE FLOORone market sell, pool fee —
—
—
AT THE COUNTERone transaction, no pool swap: the price cannot move
0.0 %
—
Same block, more SOL across the counter—
Shouted on the floor · just nowAll
Coins on the floor—
5 % onto the floor · median—
Floor sells ≥ 1 % · 24 h—
Offers at the window—
Bids at the window—
Over the counter—
$COUNTERX burned—
No. 01

The floor

every sell of 1 % of supply or more, newest first, exact impact read from each transactionEvery coin's cost of size
TimeCoinMarketSizeSoldSOL outPrice impactLostSellerLink
No. 02

Over the counter

the ledger: every fill, its price against the market, what the floor would have doneLedger

WHAT IFNo CounterX fills yet. These are the day's biggest real floor sells, re-quoted at the counter: same block, the price before the sell, 1.00 % fee.

TimeCoinSizeSOL netvs marketOn the floorKeptSellerBuyerLockLink
No. 03

The window

open offers and bids, held in the safe, filled in one transactionStep up to the window

WHAT IFYour own tickets come first. Below them: big bags of the busiest coins and what selling them would do on the floor, and the day's big floor buys that a bid would have filled without moving the price.

OffersBags that would move the floor
CoinSizeValueWould moveAs ofAction
BidsBig buys that moved it
CoinSizeSOLMoved itTimeAction
No. 04

How the counter works

How it works
  1. 01Hand it over

    The seller puts the tokens in the safe at a fixed SOL price for the whole block. Partial fills, minimum fill, expiry, one named buyer or anyone. Take it back any time before a fill.

  2. 02Ask for it

    A buyer puts SOL in the safe for N tokens at a fixed price. Any holder can fill it.

  3. 03Cross

    One program instruction moves the tokens, the SOL and the fee. Both legs settle or the transaction fails. The floor is never touched.

  4. 04Lock

    An offer can require a buyer lock: cliff plus linear unlock, held by the program. The buyer claims it on the Locks page.

Fee1.00 %of the SOL leg, paid by the token seller
With 1,000,000 $COUNTERX0.50 %read on chain from the seller's wallet
Fee split50 / 50buyback + burn of $COUNTERX · treasury
Cap in the program2.00 %the admin can never set it higher