Trade against a Lot
Trading exchanges a selected funding asset for a launch token, or a launch token for a selected output. The official pool always trades the launch token against its fixed quote, even when a router provides a longer path from or to ETH or components.
The native platform uses Lots' routers for launch trades. FOMO, Uniswap and other interfaces can select different routes and apply their own fees and controls.
The quote anchors every route
| Native trade-ticket choice | Lot-paired route |
|---|---|
| Buy with ETH | ETH → components → mint Lot → launch token |
| Buy with USDG | USDG → components → mint Lot → launch token |
| Sell to the Lot | Launch token → Lot token |
| Sell to USDG | Launch token → Lot token → redeem → sell components for USDG |
| Sell to ETH | Launch token → Lot token → redeem → sell components → ETH |
The current payment choices are ETH and USDG. Sell also offers the paired Lot token. The ticket derives its available currencies from supported routes. ETH-selected output settles as native ETH or, if the receiving wallet cannot accept it, becomes a claimable router ETH credit.
To receive components, sell for the Lot and then use the separate Redeem action. Minting from already-held components is also a separate Lot-page action. A direct-stock contract route omits the Lot mint and redemption stages and uses the registered stock token as its quote.
A route failure does not authorize a different output. Select an alternative explicitly and review its new quote.
Which asset pays the trading fee
A Lot-paired buy pays its launch-pool fee in Lot tokens; a sell pays it in the launch token. Direct-stock buys pay in the paired Stock Token. Choosing ETH as the route's input or output does not change those fee assets. Gas and any component-market fees are separate. See the fee mechanism.
Market information and executable information
Charts show history; reference values estimate holdings. Only the trade ticket quotes your selected amount and route. Check:
- Input, output, route and recipient.
- Expected output and signed minimum, or maximum spend.
- Pool and component fees, price impact and gas.
- Effective slippage, expiry, approvals and refunds.
The native ticket suggests 2% slippage. Unverified estimates are re-quoted with one additional percentage point, subject to the maximum, and display Estimate only. Inspect Minimum received under Details. The walkthrough explains the controls and arithmetic.
Changes to the amount, asset, route or recipient require a new quote. Do not sign an expired quote or an unprotected zero minimum.
Atomic settlement
All required legs settle together or revert. A failed ETH exit cannot silently deliver components instead. Reverts can consume gas; earlier approvals remain confirmed.
Only transaction-local leftovers are refunded to the bound recipient. Unrelated router balances are not user refunds. Verify the receipt for actual input, output, fees and refunds, even if indexing lags.
New markets have early buying limits
Launch pools charge their fixed 1–4% rate. During the first 120 seconds, each final recipient has 2% cumulative-purchase and post-buy balance limits against original issuance. Selling or transferring out does not reset purchases. See fee and limit rules.
Conditions that affect route availability
| Condition | Meaning |
|---|---|
| Missing component market | The selected complete route cannot execute |
| Stale reference | Indicative dollar information may be unavailable; a direct token route may still exist |
| Insufficient capacity | Inventory or depth cannot support the amount; more slippage does not create capacity |
| Expired quote | The signed pricing window ended and requires a new review |
| Transfer restriction | A required token or recipient cannot settle |
| Early cap exceeded | The recipient cannot make that protected-period buy |
Choosing another route does not waive access or issuer restrictions. Moving directly to another launch token with the same registered quote is Rotate, a two-swap action with its own protected final output.
For step-by-step checks, follow the Buy and sell walkthrough.