Traditional launchpads pair every new coin with ETH. Optionpad makes the pair part of the idea — pick an underlying, a direction, a strike and an expiry, and your coin launches against a token that describes what the launch is about.
Pick one and your coin opens inside it, beside every other coin quoted in the same option.
drag to shuffle
Four parameters become a token. Your coin launches against it. One transaction, no permission required.
A creator picks an underlying stock, a direction, a strike price and an expiry.
NVDA · CALL · $200 · DEC 18
Optionpad turns those parameters into a canonical onchain reference token. Every unique combination has exactly one, reusable by every future launch.
NVDA200C
The coin launches directly against that token, into a real Uniswap V3 pool whose liquidity locks as it is created.
MOON / NVDA200C
Instead of launching MOON / ETH, the coin now trades against something that describes what the launch is about. Every future coin that picks the same four parameters reuses the same NVDA200C — the registry has no branch that deploys a second one.
reading the factory…
No. The option token is not a real option. It cannot be exercised, assigned, or settled. It is simply a fixed-supply reference asset representing a specific set of option parameters — a name that describes what a launch is about, used as the other side of the pair.
To the contract, nothing — the token keeps trading after the date passes. The expiry earns its place by being one of the four parameters that make the identity: it is what stops NVDA · CALL · $200 · DEC 18 and NVDA · CALL · $200 · JAN 15 from collapsing into one token. Two dates, two markets.
Nothing. There is no protocol fee anywhere in the contracts, no launch fee and no allocation. The pool charges 1% and all of it is claimable by whoever launched the coin.
Nobody, including us. It is deployed by the registry rather than by a wallet, and has no owner, minter, pauser or upgrade path. Every unique combination of underlying, direction, strike and expiry has one canonical token that every future launch reuses.
No. The position is minted to a locker contract that has no burn function and no withdraw — only collect(), which pulls fees to the recorded creator and moves no liquidity. There is no privileged address, ours included, that could pull it.
An ETH pair is the same for every coin launched that day, so it says nothing. Pairing against an option makes the other side of the trade describe the launch: an underlying, a direction, a strike and a date.
It costs you something real. Your chart moves when the quote asset moves, and a buyer is taking two positions at once — that is not hidden anywhere. What you get for it is that the pair means something.