# King of the Markets (Standard Reserve) on Robinhood Chain

> How King of the Markets prices bonding curves in stock tokens (SPCX, BABA, SKHY) and graduates them to Uniswap v4 on Robinhood Chain: contracts and API.

Source: https://docs.crius.sh/launchpads/standard-reserve/ · Updated 2026-10-28

Short answer

King of the Markets, the Standard Reserve's launchpad, sells each token on its own bonding curve priced in a stock token (SPCX, BABA or SKHY) and graduates it into a Uniswap v4 pool with permanently locked liquidity. List its tokens with `GET /v1/robinhood/tokens?launchpad=standard_reserve`, get stats with `GET /v1/robinhood/launchpads/standard_reserve`, and one token's lifecycle with `/token/{address}/launch`.

[GET `/launchpads`](https://docs.crius.sh/reference/launchpads/launchpads/) [GET `/tokens`](https://docs.crius.sh/reference/discovery/token-lists/) [GET `/token/{address}/launch`](https://docs.crius.sh/reference/launchpads/launch-lifecycle/)

**King of the Markets** is the launchpad of [The Standard Reserve](https://www.standardreserve.xyz). Its bonding curves are priced in **tokenized stocks** instead of ETH: every token is paired with SPCX, BABA or SKHY from launch, and buyers pay in that stock (or in ETH or USDG, converted on the way in). Tokens can’t be transferred until they graduate; when the curve sells out, the token moves into a Uniswap v4 pool against the same stock, with its liquidity locked for good.

## King of the Markets at a glance

|  | King of the Markets |
| --- | --- |
| Crius launchpad id | `standard_reserve` (page slug `standard-reserve`) |
| Launch | LaunchFactory deploys the token (1 billion supply) and a per-token BondingCurve clone; launch fee 0.0005 ETH |
| Quote assets | Stock tokens: SPCX, BABA, SKHY. ETH and USDG are converted by the LaunchRouter |
| Bonding | Constant-product curve over virtual reserves; token transfers locked until graduation |
| Graduation | When the curve's supply is sold; `Graduated` on the LaunchFactory |
| After graduation | Uniswap v4 pool (fee 0, tick spacing 200) with the LaunchHook; liquidity permanently locked |
| Fees | 1% base fee (30% creator, 70% protocol), creator tax 0–5%, snipe fee from 99% over the first 7 seconds |
| Graduation rate | 1.00% (`graduation_rate_pct: 1.00319`), median 2,835 blocks to graduate (about 5 minutes) |

## How a King of the Markets token launches and graduates

1.  **Launch.** The creator calls `launch` on the LaunchFactory with the stock to pair with, name, symbol, metadata, creator tax, snipe-fee switch and an optional charter drop. The factory deploys the token through the TokenDeployer, creates a BondingCurve clone and emits `Launched`, which already contains the v4 pool the token will graduate into. Crius attributes the token from that event.
2.  **Bonding.** Trades go to the curve and are priced in the stock. Each trade pays the 1% base fee (plus any creator tax and, in the first 7 seconds, the snipe fee); the creator’s share collects in the FeeEscrow and the rest goes to the protocol’s Safe. Tokens can’t be transferred outside the curve yet.
3.  **Graduation.** The buy that takes the last curve tokens triggers graduation: the token moves into the v4 pool fixed at launch with its pool supply of tokens, and that liquidity is locked permanently. If the launch had a charter drop, those tokens go to the CharterDrop contract for $STANDARD charter holders.
4.  **After graduation.** The LaunchHook charges the same fee on pool swaps. Crius indexes the v4 pool swaps directly.

The first launch, Kimchi (`0x92de9d3888953f3c6a55840f189c409976d9bba1`, block 88,527,856, paired with SKHY), sold 770 million tokens on its curve and put 220 million into its pool. Its launch block is the `since_block` Crius reports.

## King of the Markets contracts on Robinhood Chain

| Contract | Address | What it does |
| --- | --- | --- |
| LaunchFactory | `0x3d6ea4e97b8ab9e1a1b4943febffe22d8c920091` | Launches tokens; emits `Launched` and `Graduated` (verified) |
| BondingCurve implementation | `0x0d6fd6f0f07c1b6caec7150966a801b7d5a991e3` | Logic of every per-token curve (each launch is an EIP-1167 clone) |
| LaunchHook | `0x048f2dc8a71a0321b5e119cd577c56d0190920cc` | Uniswap v4 hook of every graduated pool; charges the fee on pool swaps |
| LaunchRouter | `0x190b452d16e12e3beedd76a030ea991fe3856c33` | Lets buyers pay and sellers receive ETH or USDG, converted to and from the stock |
| TokenDeployer | `0xf47e03bea56c4de656dc7423ebf66e503f84f7be` | Deploys launch tokens for the factory |
| FeeEscrow | `0xcbc8f65ef158c829379472dee771cf3e7741440e` | Holds each curve's creator fees until claimed by its fee recipient |
| Fee Safe | `0x047829087f9ac81fdb05f7b750458afe3d72415f` | 2-of-4 Safe: launch fees, the protocol share of trade fees, snipe fees |
| CharterDrop | `0xff4639d2369b7411e666c9b4a44dbfb2b51ba1e1` | Receives charter-drop tokens at graduation for $STANDARD charter holders |
| SessionFeeHook | `0xc15b155a3094934171a15625d1a80aba267b6080` | Hook on the stock/USDG pools the router converts through; its fee depends on the US market session |
| Deployer and owner | `0xb1748f1857bef8de020982aa33f6f9cc1b9ad3c1` | Deployed the contracts and owns the factory and hooks |
| SPCX / BABA / SKHY | `0x4a0e65a3eccec6dbe60ae065f2e7bb85fae35eea` / `0xad25ac6c84d497db898fa1e8387bf6af3532a1c4` / `0x84cab63bc87912e71ad199ff14a0ba45de68fef8` | The stock tokens curves are priced in |

## Query King of the Markets with Crius

Example [Anonymous · no key · 2 credits](https://docs.crius.sh/reference/launchpads/launchpad-detail/)

### King of the Markets stats: 2,193 launches, 22 graduations

How active is King of the Markets on Robinhood Chain?

GET/v1/robinhood/launchpads/standard\_reserve?days=3

  

**cURL**

```bash
curl "https://api.crius.sh/v1/robinhood/launchpads/standard_reserve?days=3"
```

**JavaScript**

```js
const res = await fetch("https://api.crius.sh/v1/robinhood/launchpads/standard_reserve?days=3");
const { data, meta } = await res.json();
```

**Python**

```python
import requests

r = requests.get(
    "https://api.crius.sh/v1/robinhood/launchpads/standard_reserve?days=3",
)
body = r.json()
print(body["data"])
```

**Real response 200 Captured Oct 28, 2026 · 347 lines (arrays trimmed)**

```json
{
  "data": {
    "contracts": {
      "launch_contracts": [
        "0x3d6ea4e97b8ab9e1a1b4943febffe22d8c920091"
      ]
    },
    "history": {
      "days": 3,
      "points": [
        {
          "date": "2026-10-26",
          "fees_usd": 143.172,
          "graduated": 0,
          "launches": 5,
          "traders": 200,
          "trades": 766,
          "volume_usd": 74007.1
        },
        {
          "date": "2026-10-27",
          "fees_usd": 22.6598,
          "graduated": 0,
          "launches": 4,
          "traders": 142,
          "trades": 518,
          "volume_usd": 65636.9
        },
        {
          "date": "2026-10-28",
          "fees_usd": 24.9723,
          "graduated": 0,
          "launches": 1,
          "traders": 196,
          "trades": 673,
          "volume_usd": 94840.3
        }
      ]
    },
    "id": "standard_reserve",
    "name": "King of the Markets (Standard Reserve)",
    "since_block": 88527856,
    "stats": {
      "fees_usd_24h": {
        "lp": 15.7398,
        "tax": 9.64612,
        "total": 25.3859
      },
      "graduated": 22,
      "graduated_24h": 0,
      "graduation_rate_pct": 1.00319,
      "launches_24h": 1,
      "median_blocks_to_graduate": 2835,
      "tokens_launched": 2193,
      "traders_24h": 217,
      "trades_24h": 739,
      "volume_by_quote_usd_24h": {
        "eth": 0.343093,
        "other": 0,
        "stock": 104433,
        "usdg": 240.598
      },
      "volume_usd_24h": 104674
    },
    "top_tokens_24h": [
      {
        "address": "0xd589027135d4dad0f269c4bb6986d28e4e62e44d",
        "buy_volume_usd": {
          "1h": 14968.8,
          "24h": 22369.9,
          "5m": 0,
          "6h": 21336.1
        },
        "buyers": {
          "1h": 1,
          "24h": 3,
          "5m": 0,
          "6h": 2
        },
        "buys": {
          "1h": 27,
          "24h": 102,
          "5m": 0,
          "6h": 45
        },
        "change_pct": {
          "1h": -8.45096,
          "24h": -5.52872,
          "5m": -9.35954,
          "6h": -0.753962
        },
        "created_block": 92487736,
        "created_ts": 1792399800320,
        "decimals": 18,
        "fdv_usd": 3918.47,
        "holders": 2,
        "launchpad": "standard_reserve",
        "launchpad_name": "King of the Markets (Standard Reserve)",
        "links": {
          "discord": null,
          "farcaster": null,
          "github": null,
          "telegram": null,
          "twitter": null,
          "website": null
        },
        "liquidity_usd": 2.30232,
        "logo": "https://api.crius.sh/v1/robinhood/logo/0xd589027135d4dad0f269c4bb6986d28e4e62e44d.png?size=128",
        "market_cap_usd": 3918.47,
        "name": "The Federal Bird",
        "price_eth": 0.00000000166354,
        "price_usd": 0.00000391847,
        "progress_pct": null,
        "quote": "SPCX",
        "sell_volume_usd": {
          "1h": 14819.5,
          "24h": 22248.5,
          "5m": 0,
          "6h": 21126
        },
        "sellers": {
          "1h": 1,
          "24h": 4,
          "5m": 0,
          "6h": 2
        },
        "sells": {
          "1h": 25,
          "24h": 97,
          "5m": 0,
          "6h": 39
        },
        "status": "bonding",
        "symbol": "FEDBIRD",
        "traders": {
          "1h": 1,
          "24h": 4,
          "5m": 0,
          "6h": 2
        },
        "txns": {
          "1h": 52,
          "24h": 199,
          "5m": 0,
          "6h": 84
        },
        "volume_usd": {
          "1h": 29788.3,
          "24h": 44618.4,
          "5m": 0,
          "6h": 42462.1
        }
      },
      {
        "address": "0x5452fcb54894027801cf8852e6acbca2890cb5f7",
        "buy_volume_usd": {
          "1h": 364.574,
          "24h": 13346.5,
          "5m": 364.574,
          "6h": 2015.97
        },
        "buyers": {
          "1h": 1,
          "24h": 34,
          "5m": 1,
          "6h": 12
        },
        "buys": {
          "1h": 1,
          "24h": 99,
          "5m": 1,
          "6h": 22
        },
        "change_pct": {
          "1h": -1.16762,
          "24h": -19.4149,
          "5m": -2.54228,
          "6h": -1.57592
        },
        "created_block": 92575867,
        "created_ts": 1792408887700,
        "decimals": 18,
        "fdv_usd": 41036.1,
        "holders": 125,
        "launchpad": "standard_reserve",
        "launchpad_name": "King of the Markets (Standard Reserve)",
        "links": {
          "discord": "https://discord.gg/AsWJpX4eA",
          "farcaster": null,
          "github": null,
          "telegram": null,
          "twitter": "https://x.com/Skarly_co1n",
          "website": null
        },
        "liquidity_usd": 18622.7,
        "logo": "https://api.crius.sh/v1/robinhood/logo/0x5452fcb54894027801cf8852e6acbca2890cb5f7.png?size=128",
        "market_cap_usd": 41036.1,
        "name": "SKARLY COIN",
        "price_eth": 0.0000000174215,
        "price_usd": 0.0000410361,
        "progress_pct": 100,
        "quote": "SPCX",
        "sell_volume_usd": {
          "1h": 511.699,
          "24h": 14271.2,
          "5m": 461.171,
          "6h": 2109.35
        },
        "sellers": {
          "1h": 2,
          "24h": 39,
          "5m": 2,
          "6h": 9
        },
        "sells": {
          "1h": 3,
          "24h": 93,
          "5m": 2,
          "6h": 23
        },
        "status": "graduated",
        "symbol": "SKARLY",
        "traders": {
          "1h": 3,
          "24h": 49,
          "5m": 3,
          "6h": 15
        },
        "txns": {
          "1h": 4,
          "24h": 192,
          "5m": 3,
          "6h": 45
        },
        "volume_usd": {
          "1h": 876.273,
          "24h": 27617.6,
          "5m": 825.745,
          "6h": 4125.32
        }
      },
      {
        "address": "0xbf9b33ed15069775e799c7af7ccb0637f8eeb9bf",
        "buy_volume_usd": {
          "1h": 157.31,
          "24h": 6629.07,
          "5m": 0,
          "6h": 4243.74
        },
        "buyers": {
          "1h": 1,
          "24h": 69,
          "5m": 0,
          "6h": 44
        },
        "buys": {
          "1h": 1,
          "24h": 97,
          "5m": 0,
          "6h": 61
        },
        "change_pct": {
          "1h": -8.37934,
          "24h": 25.1002,
          "5m": -3.35261,
          "6h": 23.1233
        },
        "created_block": 88533429,
        "created_ts": 1791997672900,
        "decimals": 18,
        "fdv_usd": 36672.5,
        "holders": 280,
        "launchpad": "standard_reserve",
        "launchpad_name": "King of the Markets (Standard Reserve)",
        "links": {
          "discord": null,
          "farcaster": null,
          "github": null,
          "telegram": null,
          "twitter": "https://x.com/standardcatrsv",
          "website": "https://standardcat.family/"
        },
        "liquidity_usd": 17685.7,
        "logo": "https://api.crius.sh/v1/robinhood/logo/0xbf9b33ed15069775e799c7af7ccb0637f8eeb9bf.png?size=128",
        "market_cap_usd": 36672.5,
        "name": "Standard Cat",
        "price_eth": 0.0000000155689,
        "price_usd": 0.0000366725,
        "progress_pct": 100,
        "quote": "SPCX",
        "sell_volume_usd": {
          "1h": 548.854,
          "24h": 5528.69,
          "5m": 143.062,
          "6h": 3349.01
        },
        "sellers": {
          "1h": 8,
          "24h": 57,
          "5m": 2,
          "6h": 34
        },
        "sells": {
          "1h": 9,
          "24h": 68,
          "5m": 2,
          "6h": 37
        },
        "status": "graduated",
        "symbol": "SCAT",
        "traders": {
          "1h": 9,
          "24h": 75,
          "5m": 2,
          "6h": 47
        },
        "txns": {
          "1h": 9,
          "24h": 151,
          "5m": 2,
          "6h": 89
        },
        "volume_usd": {
          "1h": 706.164,
          "24h": 12157.8,
          "5m": 143.062,
          "6h": 7592.75
        }
      }
    ],
    "type": "config_driven",
    "website": "https://www.standardreserve.xyz"
  },
  "meta": {
    "block": 100410896,
    "block_age_ms": 1199,
    "block_ts": 1793225495000,
    "chain": "robinhood",
    "finalized_block": 100401329,
    "lag_ms": 54,
    "notes": [
      "volume and trades: every trade of the launchpad's tokens in any pool, on the curve and after graduation",
      "fees_usd_24h.lp: LP fees at each pool's fee (v4: the swap's own fee); tax: token and hook taxes measured from trades (taxes a hook takes in the quote currency on sells are not measured yet)"
    ],
    "safe_block": 100405028
  }
}
```

What this tells you

-   `name: "King of the Markets (Standard Reserve)"`, `tokens_launched: 2193`, `graduated: 22`, `median_blocks_to_graduate: 2835`.
-   In 24 hours: 1 launch, 739 trades by 217 traders and `volume_usd_24h: 104674`, of which $104,433 against stock tokens (`volume_by_quote_usd_24h.stock`). Launches have slowed to 5, 4 and 1 a day on 2026-10-26, 27 and 28 (`history.points`), while volume held at $65,000–$95,000 a day.
-   `fees_usd_24h.total` is only $25.39: the fees are taken in the stock token by the curve and hook, and taxes a hook takes in the quote currency aren’t measured yet (`meta.notes`).
-   `top_tokens_24h` is led by The Federal Bird (`0xd589027135d4dad0f269c4bb6986d28e4e62e44d`): $44,618.4 of volume from 4 traders, on $2.30 of liquidity, still bonding. Volume without traders means little. SKARLY COIN (`0x5452fcb54894027801cf8852e6acbca2890cb5f7`) and Standard Cat (`0xbf9b33ed15069775e799c7af7ccb0637f8eeb9bf`) are graduated with 125 and 280 holders. All three are quoted in SPCX.

[Launchpad detail reference](https://docs.crius.sh/reference/launchpads/launchpad-detail/) Runs from your browser on the anonymous plan [Data looks wrong? Report it](mailto:support@crius.sh?subject=Wrong%20data%20in%20docs%20example%3A%20King%20of%20the%20Markets%20stats%3A%202%2C193%20launches%2C%2022%20graduations&body=Page%3A%20https%3A%2F%2Fdocs.crius.sh%2Flaunchpads%2Fstandard-reserve%2F%23kotm-stats%0ARequest%3A%20GET%20%2Fv1%2Frobinhood%2Flaunchpads%2Fstandard_reserve%3Fdays%3D3%0A%0AWhat's%20wrong%20or%20missing%3F%0A%0A)

Example [Anonymous · no key · 1 credit](https://docs.crius.sh/reference/discovery/token-lists/)

### Graduated King of the Markets tokens

Which King of the Markets tokens have graduated, and what do their pools hold?

GET/v1/robinhood/tokens?list=graduated&launchpad=standard\_reserve&limit=3

  

**cURL**

```bash
curl "https://api.crius.sh/v1/robinhood/tokens?list=graduated&launchpad=standard_reserve&limit=3"
```

**JavaScript**

```js
const res = await fetch("https://api.crius.sh/v1/robinhood/tokens?list=graduated&launchpad=standard_reserve&limit=3");
const { data, meta } = await res.json();
```

**Python**

```python
import requests

r = requests.get(
    "https://api.crius.sh/v1/robinhood/tokens?list=graduated&launchpad=standard_reserve&limit=3",
)
body = r.json()
print(body["data"])
```

**Real response 200 Captured Oct 28, 2026 · 281 lines (arrays trimmed)**

```json
{
  "data": [
    {
      "address": "0x5452fcb54894027801cf8852e6acbca2890cb5f7",
      "buy_volume_usd": {
        "1h": 364.574,
        "24h": 13356.7,
        "5m": 364.574,
        "6h": 2065.48
      },
      "buyers": {
        "1h": 1,
        "24h": 35,
        "5m": 1,
        "6h": 12
      },
      "buys": {
        "1h": 1,
        "24h": 100,
        "5m": 1,
        "6h": 23
      },
      "change_pct": {
        "1h": 6.5113,
        "24h": -13.9844,
        "5m": 5.02984,
        "6h": 6.67792
      },
      "created_block": 92575867,
      "created_ts": 1792408887700,
      "decimals": 18,
      "fdv_usd": 44224.5,
      "holders": 126,
      "launchpad": "standard_reserve",
      "launchpad_name": "King of the Markets (Standard Reserve)",
      "links": {
        "discord": "https://discord.gg/AsWJpX4eA",
        "farcaster": null,
        "github": null,
        "telegram": null,
        "twitter": "https://x.com/Skarly_co1n",
        "website": null
      },
      "liquidity_usd": 19332.3,
      "logo": "https://api.crius.sh/v1/robinhood/logo/0x5452fcb54894027801cf8852e6acbca2890cb5f7.png?size=128",
      "market_cap_usd": 44224.5,
      "name": "SKARLY COIN",
      "price_eth": 0.0000000187751,
      "price_usd": 0.0000442245,
      "progress_pct": 100,
      "quote": "SPCX",
      "sell_volume_usd": {
        "1h": 156.895,
        "24h": 13916.4,
        "5m": 106.367,
        "6h": 1754.55
      },
      "sellers": {
        "1h": 1,
        "24h": 39,
        "5m": 1,
        "6h": 9
      },
      "sells": {
        "1h": 2,
        "24h": 92,
        "5m": 1,
        "6h": 22
      },
      "status": "graduated",
      "symbol": "SKARLY",
      "traders": {
        "1h": 2,
        "24h": 49,
        "5m": 2,
        "6h": 15
      },
      "txns": {
        "1h": 3,
        "24h": 192,
        "5m": 2,
        "6h": 45
      },
      "volume_usd": {
        "1h": 521.469,
        "24h": 27273.1,
        "5m": 470.942,
        "6h": 3820.03
      }
    },
    {
      "address": "0x9353ac4dcf13630169e22188894deb20abf40e3a",
      "buy_volume_usd": {
        "1h": 0,
        "24h": 0,
        "5m": 0,
        "6h": 0
      },
      "buyers": {
        "1h": 0,
        "24h": 0,
        "5m": 0,
        "6h": 0
      },
      "buys": {
        "1h": 0,
        "24h": 0,
        "5m": 0,
        "6h": 0
      },
      "change_pct": {
        "1h": -0.969516,
        "24h": -4.73911,
        "5m": -0.969516,
        "6h": -0.969516
      },
      "created_block": 90257835,
      "created_ts": 1792171816500,
      "decimals": 18,
      "fdv_usd": 6283.91,
      "holders": 126,
      "launchpad": "standard_reserve",
      "launchpad_name": "King of the Markets (Standard Reserve)",
      "links": {
        "discord": null,
        "farcaster": null,
        "github": null,
        "telegram": null,
        "twitter": "https://x.com/payloadspcx",
        "website": "https://payloadspcx.com/"
      },
      "liquidity_usd": 7322.74,
      "logo": "https://api.crius.sh/v1/robinhood/logo/0x9353ac4dcf13630169e22188894deb20abf40e3a.png?size=128",
      "market_cap_usd": 6023.68,
      "name": "PAYLOAD",
      "price_eth": 0.00000000266777,
      "price_usd": 0.00000628391,
      "progress_pct": 100,
      "quote": "SPCX",
      "sell_volume_usd": {
        "1h": 0,
        "24h": 18.1582,
        "5m": 0,
        "6h": 0
      },
      "sellers": {
        "1h": 0,
        "24h": 3,
        "5m": 0,
        "6h": 0
      },
      "sells": {
        "1h": 0,
        "24h": 3,
        "5m": 0,
        "6h": 0
      },
      "status": "graduated",
      "symbol": "PAYLOAD",
      "traders": {
        "1h": 0,
        "24h": 3,
        "5m": 0,
        "6h": 0
      },
      "txns": {
        "1h": 0,
        "24h": 3,
        "5m": 0,
        "6h": 0
      },
      "volume_usd": {
        "1h": 0,
        "24h": 18.1582,
        "5m": 0,
        "6h": 0
      }
    },
    {
      "address": "0x3cedeb9e2b73ae92c61aa4bb5fa27d1cbab75d65",
      "buy_volume_usd": {
        "1h": 0,
        "24h": 0,
        "5m": 0,
        "6h": 0
      },
      "buyers": {
        "1h": 0,
        "24h": 0,
        "5m": 0,
        "6h": 0
      },
      "buys": {
        "1h": 0,
        "24h": 0,
        "5m": 0,
        "6h": 0
      },
      "change_pct": {
        "1h": -3.48023,
        "24h": -3.40644,
        "5m": -3.48023,
        "6h": -3.48023
      },
      "created_block": 89623205,
      "created_ts": 1792107543500,
      "decimals": 18,
      "fdv_usd": 2512.6,
      "holders": 34,
      "launchpad": "standard_reserve",
      "launchpad_name": "King of the Markets (Standard Reserve)",
      "links": {
        "discord": null,
        "farcaster": null,
        "github": null,
        "telegram": null,
        "twitter": null,
        "website": null
      },
      "liquidity_usd": 4876.36,
      "logo": "https://api.crius.sh/v1/robinhood/logo/0x3cedeb9e2b73ae92c61aa4bb5fa27d1cbab75d65.png?size=128",
      "market_cap_usd": 2512.6,
      "name": "The Banking King",
      "price_eth": 0.0000000010667,
      "price_usd": 0.0000025126,
      "progress_pct": 100,
      "quote": "SPCX",
      "sell_volume_usd": {
        "1h": 0,
        "24h": 0.482033,
        "5m": 0,
        "6h": 0
      },
      "sellers": {
        "1h": 0,
        "24h": 2,
        "5m": 0,
        "6h": 0
      },
      "sells": {
        "1h": 0,
        "24h": 2,
        "5m": 0,
        "6h": 0
      },
      "status": "graduated",
      "symbol": "KING",
      "traders": {
        "1h": 0,
        "24h": 2,
        "5m": 0,
        "6h": 0
      },
      "txns": {
        "1h": 0,
        "24h": 2,
        "5m": 0,
        "6h": 0
      },
      "volume_usd": {
        "1h": 0,
        "24h": 0.482033,
        "5m": 0,
        "6h": 0
      }
    }
  ],
  "meta": {
    "block": 100410006,
    "block_age_ms": 675,
    "block_ts": 1793225406000,
    "chain": "robinhood",
    "finalized_block": 100401329,
    "lag_ms": 42,
    "list": "graduated",
    "next_cursor": "3",
    "safe_block": 100405028,
    "stats_since": "chain_start",
    "window": "24h"
  }
}
```

What this tells you

-   SKARLY COIN (`0x5452fcb54894027801cf8852e6acbca2890cb5f7`): `status: "graduated"`, `quote: "SPCX"`, a $44,224.5 market cap and $19,332.3 of liquidity.
-   PAYLOAD (`0x9353ac4dcf13630169e22188894deb20abf40e3a`) has $7,322.74 of liquidity against a $6,023.68 market cap and only sells in the last 24 hours. Locked liquidity stays in the pool when the price falls, so liquidity can exceed market cap.
-   The Banking King (`0x3cedeb9e2b73ae92c61aa4bb5fa27d1cbab75d65`) has 34 holders and $4,876.36 of liquidity.

[Token lists reference](https://docs.crius.sh/reference/discovery/token-lists/) Runs from your browser on the anonymous plan [Data looks wrong? Report it](mailto:support@crius.sh?subject=Wrong%20data%20in%20docs%20example%3A%20Graduated%20King%20of%20the%20Markets%20tokens&body=Page%3A%20https%3A%2F%2Fdocs.crius.sh%2Flaunchpads%2Fstandard-reserve%2F%23kotm-graduated%0ARequest%3A%20GET%20%2Fv1%2Frobinhood%2Ftokens%3Flist%3Dgraduated%26launchpad%3Dstandard_reserve%26limit%3D3%0A%0AWhat's%20wrong%20or%20missing%3F%0A%0A)

`/token/{address}/launch` (Free plan) returns the factory, creator, quote stock, launch transaction and block, `status`, `graduated_block` and the token’s pools, including the v4 pool with the LaunchHook.

## Use it in your app

1.  **Use the underscore id.** Filters and stream channels take `standard_reserve`: `/tokens?launchpad=standard_reserve`, `launches:standard_reserve`.
    
2.  **Show prices in USD and in the stock.** `price_usd` is converted through the stock token’s pools; `quote` says which stock. A move in SPCX moves every SPCX-paired token’s USD price.
    
3.  **Don’t offer transfers before graduation.** Tokens on the curve can only be bought and sold through it; a wallet app should hide send buttons until `status` is `graduated`.
    
4.  **Look past volume.** With few launches a day, a single token with four traders can top the list. Rank by `traders` or use `list=trending&launchpad=standard_reserve`.
    

```python
# King of the Markets tokens on their curves, with the stock they're priced in.
import requests

rows = requests.get(
    "https://api.crius.sh/v1/robinhood/tokens",
    params={"list": "bonding", "launchpad": "standard_reserve", "limit": 50},
    timeout=10,
).json()["data"]
for t in rows:
    print(f"{t['symbol']:<10} {t['address']} vs {t['quote']}: progress {t['progress_pct']}  "
          f"traders 24h {t['traders']['24h']}  liq ${t['liquidity_usd']:,.2f}")
```

## Frequently asked questions

**How do I list King of the Markets tokens?**

Call `GET https://api.crius.sh/v1/robinhood/tokens?list=new&launchpad=standard_reserve` for new launches, `list=bonding&launchpad=standard_reserve` for tokens on their curves and `list=graduated&launchpad=standard_reserve` for graduations. The launchpad id is `standard_reserve`, with an underscore.

**Why are King of the Markets tokens priced in stock tokens?**

Each curve is denominated in one listed stock token: SPCX, BABA or SKHY. Buyers can pay with ETH or USDG through the LaunchRouter, which converts to the stock in the same transaction. Crius reports `quote` as the stock and converts `price_usd` through the stock token's own pools.

**When does a King of the Markets token graduate?**

When its curve sells its last tokens. The buy that empties the curve triggers `Graduated` on the LaunchFactory, and the token moves into a Uniswap v4 pool (fee 0, tick spacing 200, hook LaunchHook) whose id was fixed at launch. The liquidity is locked permanently. Of 2,193 launches, 22 had graduated when the samples were captured.

**What fees does King of the Markets charge?**

A 1% base fee on curve and pool trades (30% of it to the creator through the FeeEscrow, 70% to the protocol's Safe), an optional creator tax of up to 5% that can only be lowered, and a snipe fee on curve buys that starts at 99% and is gone after 7 seconds.

## Related

[Concept **Launchpads** How token launchpads on Robinhood Chain work (bonding curves, graduation to Uniswap pools, LP locks) and which launchpads Crius attributes, including Pons, Flap.sh, Bankr, Long.xyz and Flywheel. Read](https://docs.crius.sh/concepts/launchpads/) [Guide **Track bonding & graduating tokens** Track Pons, Flap and other Robinhood Chain launchpad tokens on their bonding curves, see which are closest to graduating and catch each graduation. Read](https://docs.crius.sh/guides/track-bonding-and-graduating-tokens/) [Guide **Get launchpad stats** Launches, graduations, graduation rate, time to graduate, volume, traders and fees for every Robinhood Chain launchpad, with daily history. Real responses. Read](https://docs.crius.sh/guides/get-launchpad-stats/) [Guide **Get fees & creator rewards** See every fee paid around a Robinhood Chain token (gas, LP, hook, creator tax, curve, token tax), who receives it and what is still unclaimed. Real response. Read](https://docs.crius.sh/guides/get-token-fees-and-creator-rewards/) [Launchpad **Flywheel** How Flywheel launches tokens into Uniswap v4 pools with a 4% hook tax on Robinhood Chain, how graduation works, its contracts and the Crius API calls. Read](https://docs.crius.sh/launchpads/flywheel/) [API reference **Launchpads API** Every supported launchpad with its live stats: launches, graduations and volume. Read](https://docs.crius.sh/reference/launchpads/launchpads/)
