Bonding Curve

A bonding curve is a pricing formula in a smart contract where each token bought raises the price of the next along a fixed curve, and each sold lowers …

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What is Bonding Curve in crypto trading?

A bonding curve is a pricing formula in a smart contract where each token bought raises the price of the next along a fixed curve, and each sold lowers it — no order book, no liquidity providers, just the contract as counterparty. Launchpads like pump.fun use one for a token's first phase, until enough is bought to graduate it to a real pool.

Crypto Jargon

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