Bags vs Believe
Activity · 30-day fees
Bags is the bigger platform by 30-day fees, roughly 758× Believe. Bags runs on Solana and Robinhood Chain and Believe runs on Solana. Launch cost is listed as "Solana: no Bags fee for API launches, only transaction costs. Robinhood Chain: 0.02 ETH by default." for Bags and "Current token-launch costs are not independently verified; review the creation quote" for Believe.
Believe data note: Fees use DefiLlama's Launch Coin on Believe series. The current adapter reads swaps in selected Solana DBC pools, not every Believe product or post-graduation DEX trade. Historical observations and listed tokens do not verify current app availability or launch terms. On 1 October 2026, believe.app returned HTTP 402 with the message DEPLOYMENT_DISABLED.
Activity comparison
Bags · fetched from DefiLlama
Fees:
Volume: timestamp unavailable
Believe · fetched from DefiLlama
Fees:
Volume: timestamp unavailable
Times record when MemeFees fetched the data. Revenue snapshot time is unavailable.
What the data shows
Windows: the last 30 complete UTC days unless a sentence says otherwise. Fees per DefiLlama; launches counted by MemeFees.
Over the last 30 days the two are in different size classes: Bags collected $402.4K in fees, 758 times the $531 of Believe.
Bags out-earned Believe on every one of the last 30 days.
Comparing the second half of the window with the first, both grew (60.6% for Bags, 666.8% for Believe).
Their best days fell apart: Bags peaked on 29 Sep with $97.0K, Believe on 24 Sep with $394.
Their daily fees moved largely independently of each other (correlation -0.09).
On the last complete UTC day Bags collected $2.6K, 19.3% of its 30-day daily average, and Believe $6, 34.1% of its own.
Believe keeps 96.9% of its 30-day fees as revenue and Bags keeps 49.2%, so more of Bags's fees go to creators, liquidity or other parties, per DefiLlama.
MemeFees counted at least 5,252 launches on Bags in 30 days (at most $77 in fees per launch); it publishes no launch count for Believe.
Bags publishes a trading fee of 2% (default mode); MemeFees has no sourced fee table for Believe yet.
Both launched in 2025. Since then Bags has collected $64.37M in fees and Believe $40.91M.
Fees & mechanics
- Chains
- Bags: Solana, Robinhood Chain
- Believe: Solana
- Live since
- Bags: 2025
- Believe: 2025
- Launch cost
- Bags: Solana: no Bags fee for API launches, only transaction costs. Robinhood Chain: 0.02 ETH by default.
- Believe: Current token-launch costs are not independently verified; review the creation quote
- Trading fees
- Bags: Solana default mode: 2% per trade, half to the platform and half to fee claimers; six other modes set other rates. Robinhood Chain: a flat 2% on the ETH leg.
- Believe: Current trading fees and fee splits are not independently verified. Review the applicable terms and full trade quote before signing.
- Graduation
- Bags: Curve completion → DEX liquidity
- Believe: Current graduation route is not independently verified; check the token's pool and launch settings
- Creator rewards
- Bags: Half of every non-compounded fee goes to the fee claimers named at launch; in new Solana configs the deployer takes 25% of that half.
- Believe: Current creator-payout rates, eligibility and claim availability are not independently verified.
Bags in short
A creator-focused launchpad on Solana and Robinhood Chain, with trading fees shared with token creators.
→ Bags fees and revenue statsBelieve in short
A creator-token platform with an iPhone app listing and documented Solana project tools. This profile tracks its reported launchpad activity.
→ Believe fees and revenue statsFrequently asked questions
Which is bigger, Bags or Believe?
Bags generated $402.4K in fees over the last 30 days and Believe generated $531, per DefiLlama. Bags is the bigger platform by 30-day fees, roughly 758× Believe.
Which chains do Bags and Believe run on?
Bags runs on Solana and Robinhood Chain. Believe runs on Solana.
Is it cheaper to launch on Bags or Believe?
Bags lists "Solana: no Bags fee for API launches, only transaction costs. Robinhood Chain: 0.02 ETH by default.". Believe lists "Current token-launch costs are not independently verified; review the creation quote".
Do Bags and Believe pay token creators?
Bags: Half of every non-compounded fee goes to the fee claimers named at launch; in new Solana configs the deployer takes 25% of that half. Believe: Current creator-payout rates, eligibility and claim availability are not independently verified.
Read more
Fee and revenue data come from DefiLlama and refresh about hourly. MemeFees is independent and not affiliated with Bags or Believe. Nothing here is financial advice.