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What is owned
A Solana launchpad where every coin trades against a tokenized stock, and every trade pays the stock out to holders or the creator.
Owned is a Solana launchpad built on Meteora's Dynamic Bonding Curve, where every coin trades against a tokenized stock (e.g., NVDAx, TSLAx). But Owned is more than just a launchpad—it is the gateway to true ownership of real-world assets.
By partnering with Interactive Brokers, a fully regulated brokerage, Owned ensures that every token is 1:1 backed by real shares. This means:
- No synthetic assets: Each token represents a claim on a real-world stock.
- No rug pulls: The treasury is immutable, audited, and managed by a regulated institution.
- True ownership: Holders can redeem their tokens for the actual shares at any time.
Every number in these docs is enforced by on-chain programs you can inspect. The Verify it on-chain guide shows how to read the config of any coin and confirm the fee, the fee mode, and the locked liquidity yourself.
The three rules
- Every coin is paired with a stock. The creator picks the quote asset at launch from the list on the Stocks page. That pairing is permanent.
- Every trade pays exactly 1%. On the bonding curve and after graduation, buys and sells pay a flat 1% fee, taken in the stock. Meteora keeps 20% of that fee; the remaining 80% goes to the coin's fee recipient.
- The creator chooses who the fee recipient is, once. In Holders mode the 80% is paid pro-rata to everyone holding the coin. In Creator mode it goes to the creator. The choice is written into an immutable on-chain config at launch; nobody, including owned, can change it afterwards. See Holders mode vs Creator mode.
owned itself takes no fee on trades.
What happens to a coin over its life
- Launch. The creator uploads a name, ticker, image and description, picks the stock and the fee mode, optionally buys in the same transaction, and signs once. The mint address ends in
own. Supply is fixed at 1,000,000,000 with the mint authority revoked and metadata immutable. - The curve. The coin trades on a Meteora bonding curve against the stock. Price rises as the stock reserve grows.
- Graduation. When the curve has raised the equivalent of $10,000 in the stock (converted at config time, see Graduation), it migrates into a Meteora DAMM v2 pool. The liquidity is permanently locked; the 1% fee continues.
- Rewards. Fees accrue in the stock. Holders claim theirs from the Portfolio; creators claim from the creator tab.
Who this is for
- Traders who want meme-coin volatility with a stock as the unit of account and stock-denominated rewards.
- Creators who want a launch with built-in distribution: pick Holders mode and every trade pays your community in real shares.
- Stock-token communities that want activity around NVDAx, SPYx, MU and the rest.
What it is not
owned does not issue stock tokens, does not custody your assets and does not give you a claim on the underlying shares. The tokens are issued by Backed Finance (xStocks) and Backpack Securities; read No claim on the underlying shares and the Risk disclosure before trading.
Every number in these docs is enforced by on-chain programs you can inspect. The Verify it on-chain guide shows how to read the config of any coin and confirm the fee, the fee mode and the locked liquidity yourself.