Trading
How buying and selling work, and what slippage is.
Every token page has a Buy / Sell panel on the right. You type an amount, confirm in your wallet, and the trade happens. That's the short version — this page is the longer one.
How a trade actually works
There's no order book and no seller to wait for. You're trading against a pool, and the contract is always willing to take the other side.
- Buying: you send ETH, you receive tokens. Tokens leave the pot, so the price ticks up.
- Selling: you send tokens, you receive ETH. Tokens return to the pot, so the price ticks down.
Your own trade moves the price. On a small pool, a large trade moves it a lot. This is normal and is not a bug or a fee — it's just what happens when you take a meaningful share of a finite pot.
Every token here trades on a real pool from the moment it launches. There is no bonding curve phase and nothing to wait for.
Slippage, explained
Between the moment you press Buy and the moment your transaction actually lands, other people can trade. The price can move. Slippage tolerance is you telling the contract: if the price has moved against me by more than this much, cancel the trade instead of filling it.
- Too low (say 0.5% on a busy token) → your transaction fails a lot, and you pay gas for nothing.
- Too high → your trade fills even if the price moved badly against you.
Runitup defaults to 2%, which is a reasonable middle for new tokens. If a trade keeps failing, raising slippage slightly is the usual fix.
Paying in something other than ETH
Most pools are quoted in ETH, and the quick-buy buttons ($25 / $100 / $500) spend ETH. A token paired against USDG or a tokenized stock is bought and sold in that asset instead, and the panel tells you which.
A token on the Uniswap V4 venue is bought with WETH rather than native ETH, because that router pulls its input by transfer rather than taking it as payment. The panel handles this by offering a wrap step before the trade — approve it and the buy proceeds normally. A V4 sale pays out WETH for the same reason, so after selling you may be holding wrapped ETH rather than the native kind.
Why market cap and not price?
Explorer pages and token cards lead with market cap (price × total supply). A newly launched token's price is routinely something like $0.0000045, which is impossible to compare at a glance. Market cap gives you an immediate sense of size. Exact price is still shown on each token's own page.
Before a token's very first trade, the market cap shown is its real configured starting market cap, read from the contracts rather than a placeholder.
Reading a token page
- Chart — market cap over time, with 1m / 5m / 15m / 1h / 4h / 1d intervals and a log toggle. A brand-new token with no trades shows an honest empty chart rather than a fabricated line.
- Recent trades — every buy and sell, with wallet, amount and time.
- Top holders — who currently holds what, from real indexed balances, plus the three summary figures worth checking before you buy: how many holders there are, what the top 10 hold between them, and what the creator holds right now. The pool's own balance and burn addresses are excluded, so a fresh launch does not read as 100% held by one wallet.
- Token details — price, all-time high, 24h volume, transaction count, holder count, supply, AMM venue, liquidity, whether liquidity is locked, and how much the creator has earned.
- Quick-buy links — the same token opened in BasedBot, FOMO, GMGN, Sigma or Maestro, with the contract address already filled in.