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How Drop actually works.
Plain-language, no marketing spin. If something below isn't built yet, it says so.
What Drop is
A launchpad built on Solana's Pump program - the same on-chain bonding curve pump.fun coins use. Drop doesn't run its own token program; it calls Pump's real instructions directly from your wallet. Every coin launched through Drop is a real, tradeable Pump coin. 80% of every coin's trading fees fund gift-card giveaways, posted openly on X.
Launching a coin
Clicking "Launch a coin" sends a short series of real transactions from your own wallet - nothing happens without you approving each one in Phantom:
1. Create
Creates the coin on Pump's bonding curve (create_v2). Name and ticker are written on-chain permanently. An optional image is uploaded to storage and referenced in the coin's metadata.
2. Enable fee sharing
Opts the coin into Pump's multi-recipient fee sharing (create_fee_sharing_config), so trading fees can be split between more than one wallet instead of going to a single creator address.
3. Set the split
Locks in the 80/20 split (update_fee_shares_v2) - 80% to the shared giveaway fund, 20% to the protocol wallet. No cut for the wallet that launches the coin. This step can only be run once per coin.
4. First buy (optional)
If you set an amount, a fourth transaction buys that much of the coin immediately after creation, so the launcher isn't starting from zero.
How the fee split actually pays out
Trading fees don't land in the two wallets automatically on every trade. They accrue in an on-chain vault tied to the coin, and someone has to call Pump's distribute_creator_fees_v2 to sweep that vault out to the giveaway/protocol wallets. That call is permissionless - anyone can trigger it, and the money always goes to the split above no matter who pays the small network fee to send it.
A scheduled job does this automatically every 3 minutes for every coin launched through Drop. There's also a "Distribute fees" button on every coin's own page that anyone can click to trigger it manually, any time.
The giveaways
The giveaway fund (the 80% share above) buys a real gift card through Bitrefill. The redemption code gets posted in the open on our X account - first person to redeem it keeps it. There's no wallet to hold, no leaderboard, no burning required to be eligible - anyone who sees the tweet in time can grab it.
Alongside the code, we post the on-chain transaction that funded the purchase and the order details (amount, brand, timestamp) - so the purchase itself is checkable by anyone, even though the code is out in the open by design.
Honest caveat: this is early. Right now a person on the team reviews each purchase and posts the tweet manually - it isn't running unattended yet, and there's no fixed schedule promised. That will get automated over time, but nothing here should be read as a guaranteed recurring giveaway until it's actually running that way.
Which network is this?
You're looking at this on Solana mainnet right now - real SOL, real fees, no undo. This is the default for every visitor.
What keeps this honest
The public feed is verified, not just trusted
A coin only shows up in Drop's shared feed after a server-side check confirms, on-chain, that the exact name/ticker/mint you see really was created via create_v2 - not just whatever text someone typed into a form.
No wash trading, no fake volume, no fake stats
Every number on this site - market cap, coins launched, aggregate stats - is read live from the chain or from a verified launch record. Nothing is hardcoded to look more active than it is.
No deposit, no token required to launch
Launching only costs the SOL for setup and network gas. There's no upfront fee paid to Drop itself.
Giveaways are backed, not just announced
Every gift card giveaway is posted with the on-chain transaction that paid for it, so the purchase itself can be verified - not just taken on the team's word.