own data · full utc days · curve launchpads
Graduation rate
The engine has been recording graduations since 2026-09-03. This page publishes the first daily figures after the rollup of 2026-09-04 at 00:10 UTC the next day. Until then the numbers would cover a partial day, and partial days are never reported here. Graduations seen so far today (UTC): 520. Live curves and the latest graduations are on /graduating.
what this page will show
- Graduations per launchpad per UTC day, stacked.
- Graduation rate: tokens created on a day that graduated within 24 hours, divided by that day's launches.
- Median minutes from creation to graduation, per launchpad.
- JSON and CSV downloads, definitions on the methodology page.
faq
+What is the graduation rate?
For each launchpad and UTC day: the number of tokens created that day that completed the bonding curve within 24 hours, divided by the number of tokens created that day. The weekly figure sums both sides over seven days, so busy days weigh more.
+Which launchpads have a graduation rate?
Only those with a bonding curve: pump.fun, LetsBONK and other LaunchLab frontends, four.meme, Bags, Believe, Moonshot, Jupiter Studio, Virtuals, Meteora DBC pads, Pons, Flap.sh. Clanker, Zora, Pools, LetsCash and NOXA launch straight into a pool, so the metric does not exist for them.
+How is time to graduation measured?
Graduation time minus creation time, per token, as reported by the launchpad or Jupiter; the daily figure is the median. Graduations whose exact time the source did not report are excluded from the median but included in the count.
+Why did this page start on 2026-09-04?
The five-minute engine went live on 2026-09-03. A day only counts when the engine watched it from 00:00 UTC, so 2026-09-04 is the first full day. Earlier days are never partially reported.
+Can I download the series?
Yes. /api/v1/graduations-daily returns JSON; add format=csv for CSV, days=1..730 and pad=<slug> to filter. CC BY 4.0 with a link to memefees.com.