docs · how a coin works / pairs

how a coin works /

PAIRS

a coin's pair token is what you pay and receive when you trade it on the curve, and what it's paired with in its Raydium pool after it uplists.

grouptokens
baseSOL, USDC
memeBONK
xStocks (issued by Backed)SPYx, NVDAx, TSLAx, AAPLx, QQQx, SPCXx, GOOGLx, METAx, CRCLx, MSTRx, AMZNx, BRK.Bx, COINx, DFDVx, GLDx, GMEx, HOODx, INTCx, KOx, MCDx, MSFTx, PLTRx, STRCx, VIDAx (24)
Backpack Securities stocksAAPL, ABNB, AMC, AMD, AMZN, ARM, AVGO, BA, BABA, BB, BE, BLK, BOT, BROS, BULL, CAKE, CBRS, CHWY, CMG, COPX, COST, CRWV, CYPH, DELL, DJT, DKNG, DNUT, DRAM, EWY, EWZ, FLWS, FLY, FWDI, GOOGL, GPRO, GRND, HIMS, HTZ, IBM, ICE, IONQ, IREN, JNJ, LLY, LMT, LULU, LUV, META, MGM, MNST, MRNA, MRVL, MSFT, MU, NBIS, NFLX, NKE, NOK, NVDA, PFE, PTN, PUSA, QUBT, RACE, RBLX, RDDT, RIOT, RIVN, RKLB, RUM, SCHH, SHOP, SKHY, SNAP, SNDK, SPHR, SPY, SQQQ, TSLA, TSM, TTWO, UPS, URA, USO, UVXY, WEN, WULF (87)
  • Backpack Securities stocks show as TICKER · Backpack (for example NVDA · Backpack), so they can't be mixed up with the xStock of the same company (NVDAx). they're different tokens from different issuers.
  • you pick the pair once, at launch. it can't be changed later.
  • the coin's price is set in its pair token. its dollar price also moves when the pair token's price moves.
  • fees arrive in the pair token.
  • flonk lists only pairs whose Raydium launch config has been checked. the site's safety check refuses any other config.
  • pre-IPO tokens and baskets aren't offered in this version.
  • listing BONK or a stock token as a pair doesn't mean its project, issuer or company works with flonk. none of them do.