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launchpad review · updated

Bags review

The creator-first launchpad on Solana and Robinhood Chain, built around fee-sharing on every trade, reviewed on mechanics, fees and the invite link.

SolanaRobinhood Chain

Summary

Bags is a launchpad on Solana and Robinhood Chain built around one idea: the people named at launch earn a share of every trade on the token. Every launch must set a fee-share config, and the creator can share it with up to 100 fee earners, named by X, Kick or GitHub account. That split, for example with the person who inspired the meme, is the core of the platform. The Bags homepage puts it as "earn royalties from every trade".

Creator fee-sharing is a reason to consider Bags, but it does not establish a token's audience or future earnings. Compare the launch terms and reported activity over matching periods. Fee and volume totals are not measurements of how many prospective buyers a new token will reach.

Referral handle invite link is in the link. MemeFees may earn a commission when you use it. Bags code details →

Strengths

  • No Bags fee to create a token through the API on Solana, only transaction costs. Robinhood Chain charges 0.02 ETH by default
  • Built-in creator fee split on every trade, without needing a separate campaign or program
  • The claimers pool can be split across up to 100 fee earners, useful for collaborative or tribute launches
  • Seven fee modes on Solana, from 0.25% to 10% on the curve, let the creator set the fee level
  • Graduation is automatic: most Solana modes move to a Meteora DAMM v2 pool after the curve raises 85 SOL

Limitations

  • Creator fee-sharing does not establish buyer demand or guarantee trading income
  • An invite link is available, but the benefit to the person who joins through it is not verified against Bags' own material
  • The fee mode is fixed at launch, so the creator cannot lower or raise the trading fee later
  • In the default mode, every buy and sell pays 2%, both on the curve and after graduation, so frequent trading gets expensive
Is this platform a fit for you?

Best for

  • → Creators, especially influencers, who want a direct fee share on every trade of their own token
  • → Anyone who wants to share trading fees with named social accounts, such as a collaborator or the person behind the meme
  • → Traders who want to back tokens where the creator has a visible, ongoing financial stake

Skip it if

  • ✕ You require a verified estimate of the buyers a new token will reach; the available platform metrics do not establish that
  • ✕ You expect a confirmed reward for using the Bags invite link. The benefit to the person who joins through it is not verified
  • ✕ You want a low trading fee without extra setup. The default Bags mode charges 2% per trade, and the cheaper modes must be chosen before launch

fees · 24h

$2.6K

fees · 30d

$413.8K

fees · all-time

$64.37M

Source: DefiLlama · Fee data fetched · Bags statistics →

Screenshot of the Bags web interface
Bags interface · captured 2026-08-20 by MemeFees

What Bags is

Bags is a launchpad on Solana and Robinhood Chain. Every launch needs a fee-share config that names who earns from trading. Tokens start on a bonding curve, and a share of every trade goes to the creator and the other fee claimers. On Solana, Bags runs its curves on Meteora DBC.

Fee claimers are named by X, Kick or GitHub account, and the Bags API looks up the wallet behind each account. On Robinhood Chain, Bags runs as public on-chain contracts with a flat 2% fee in both trading phases.

How the creator fee split works

In the default mode, Bags charges 2% on every trade. On the curve, 1% goes to the platform and 1% to the claimers pool. After graduation, 0.75% goes to each side and 0.5% goes back into pool liquidity. In new Solana configs since September 2026, the wallet that pays for the config (the deployer) takes 25% of the claimers pool. The named claimers split the rest by the shares set at launch.

How launching and graduation work

Each Bags token starts on a bonding curve, and buyers trade against that curve until it raises the target for its fee mode. On Solana, most modes graduate at 85 SOL, the 85% supply-locked mode at about 100 SOL and the 96% supply-locked mode at 80 SOL. The token then moves to a Meteora DAMM v2 pool. On Robinhood Chain, the token moves to a Uniswap v4 pool with locked liquidity.

Since September 2025, Bags charges no fee to create a token through its API on Solana. Only Solana transaction costs apply. Robinhood Chain charges a launch fee of 0.02 ETH by default. The trading fee, and the claimers' share of it, apply from the first trade onward.

The invite link

Bags has an invite link that anyone can use to join the platform. We opened the link on 1 October 2026, and it loads a Bags invite page.

What we cannot verify is the benefit to the person who joins through it. Bags has not published clear terms confirming a reward for the invitee, so we present the link as a way to join, not as a guaranteed benefit.

Risks and limitations

Bags fee income depends on trading volume. When trading stops, the claimers pool stops growing, and the token price can fall to zero. Creator fee-sharing distributes trading income but does not guarantee that the token will attract buyers or retain liquidity. On Robinhood Chain, the Bags team can change the launch fee and the graduation target for new launches. Each launch keeps the values it started with.

How it compares

Zora turns every post into a tradeable coin. Bags instead pays trading fees to the social accounts named at launch, and the creator picks the fee level. Believe's current creator-payout terms are unverified, so we do not rank its fee share against Bags. When you read pump.fun vs Bags, LetsBONK vs Bags, Bags vs Believe or Bags vs Zora, note which Bags fee mode a token uses. On the curve, one Bags token can charge 0.25% per trade and another 10%, depending on the mode each creator chose.

Bags data pages

Daily figures for Bags by closed UTC day, with sources and CSV downloads.

Frequently asked questions

Is Bags free to use?

Creating a token through the Bags API on Solana has no Bags fee, only transaction costs. Robinhood Chain charges 0.02 ETH by default. Trading has a fee: the default mode charges 2% per trade, and half of that fee goes to the claimers pool on the curve.

How does the creator fee split work on Bags?

In the default mode, half of each fee on the curve goes to the claimers pool. In new Solana configs, the deployer takes 25% of that pool, and the claimers named at launch split the rest. A launch can name up to 100 fee earners, including the creator.

Does the Bags invite link give a reward?

An invite link is available for joining Bags. The benefit to the person who joins through it is not confirmed in Bags' public material, so we do not claim a specific reward.

What happens when a Bags token graduates?

On Solana, the token moves from its Meteora curve to a Meteora DAMM v2 pool, most often after the curve raises 85 SOL. In SOL-quoted launches, 25% or 50% of each fee in that pool, depending on the mode, goes back into the pool's liquidity.

Related

How we review

Reviews cover documented features, fee terms and limitations. The sources and dates below show what each review is based on. Platform activity figures provide context; they are not execution or safety benchmarks. Read the full methodology.

Sources & verification

Platform facts verified 2026-10-01. Research by MemeFees, last revised 2026-10-01. MemeFees is independent and not affiliated with Bags.

Memecoins can lose their entire value. This page provides information, not financial advice.