Hold the moon.
Skip the zero.
Cut it.
FomoCut cuts any memecoin into two tokens. FLOOR is everything under a threshold, MOON is everything above it. FLOOR + MOON = 1 token, exactly, at every price. Recombine whenever you want, for free.
One token.
Two sides.
Every deposit mints the same amount of FLOOR and MOON. Hold both and nothing changed; sell one and you chose a side. Both are plain SPL tokens, tradable anywhere.
Tokens passing the eligibility grid right now. Refused: live mint or freeze authority, transfer fees, hooks, thin pools.
- $TRUMP$1.8491.4%8.6%
- $Fartcoin$0.160091.4%8.6%
- $Bonk$0.0₅3591.4%8.6%
- $WIF$0.230091.4%8.6%
- $PENGU$0.00870091.4%8.6%
- $MOODENG$0.045991.4%8.6%
Picking a memecoin is all or nothing.
Picking a side of it is not.
You were long the ×100 and long the zero at once. Now the ×100 and the zero are two tokens, and you keep the one you want.
An option, without the counterparty.
MOON pays what a call option pays. FLOOR pays what a covered call pays. Nobody wrote them: the vault holds the deposited token, and the two sides are claims on it.
Like an option
- Defined downside
MOON can only lose what it cost. No margin, no liquidation, no funding.
- Convexity
A token ×20 can mean MOON ×200 at today's price. The leverage is in the payoff, not in a loan.
- Expiry and strike
Every series has a threshold and a date, written at creation and never changed.
Unlike one
- No writer, no premium
The vault is fully collateralised by the deposit. Nobody sells you the option: you cut a token into it.
- Recombine any time
1 FLOOR + 1 MOON give the token back, free, in every state of the series. Nothing can block it.
- Price from the pools
A 48 h time-weighted average of the token's own pools settles both sides. No external oracle, no human.
- The loser is never at zero
1 % of the winner's payout goes to the loser at settlement. An out-of-the-money MOON ends at 1 %, not 0.
Everything under the line. The quiet side: it keeps the value up to the threshold.
Everything above the line. The loud side: a token ×20 can mean ×200. It can also end at 1 %.
Split, hold, settle. No step is a person.
You split
Deposit a token, receive 1 FLOOR and 1 MOON per unit. Zero fee, no price needed. The vault measures what it actually received.
The ring records the price
Anyone can record the pool price into the series' ring, every 5 minutes, for a fixed bounty. Weighted by liquidity, read from the AMM accounts, never from an argument.
It settles on the average
After expiry, the 48 h time-weighted average decides. Too far from the 7-day average? Deferred, then settled on 7 days. FLOOR gets min(P, K)/P per unit, MOON the rest, then 1 % moves from the winner to the loser.
Hard ceilings. No hands on the vault.
A series cannot hold more than 10 % of its pools' quote depth, nor 20 % of the flow observed over the window. Pushing the price costs more than it can move.
The program moves funds in two cases only: recombine, one token per pair, and redeem, the per-unit payout after settlement.
Pausing the creation of new series. It has no effect on existing ones. The upgrade authority is burned at mainnet deployment.
| You | Creator | Keeper | Authority | |
|---|---|---|---|---|
| Deposit, recombine, redeem | yes | yes | yes | yes |
| Choose threshold and expiry | at creation | at creation | no | no |
| Record a price | yes | yes | yes | yes |
| Pick the settlement price | no | no | no | no |
| Move vault funds | no | no | no | no |
| Pause new series | no | no | no | only this |
MOON is a very high-leverage instrument. Most of the time the threshold is not reached and MOON ends at the 1 % paid by FLOOR. Gain and loss are shown at the same size, on purpose.
The settlement price comes from the token's own pools, averaged over 48 h, not from an external oracle. The estimated cost to push it is shown on every series. Thin tokens are refused.
If no valid average ever exists, the series is cancelled: pairs redeem for one token, one side alone must buy the other.
Questions, answered plainly.
Who holds my tokens?
A vault account owned by the series' program address. The program's only ways to move funds are recombine (one token per pair) and redeem (the per-unit payout after settlement).
What if nobody records prices?
Settlement is deferred, then the series is cancelled. Pairs still redeem for exactly one token. Holding one side alone, you buy the other.
Can the price be pushed?
It costs capital locked for the whole 48 h window plus the loss of absorbing every sale at the pushed price. Deposits are capped so that, on every eligible token measured, that loss exceeds twice what a push could gain.
Why does MOON get 1 % when it loses?
Because the winner pays the loser 1 % at settlement. The protocol takes nothing on settlement. It is a line of the rulebook, not a promise.
What does it cost?
Split 0, recombine 0, redeem 0. Creating a series costs 0.25 SOL once plus a refundable keeper reserve. That is the protocol's only revenue.
Which tokens?
Liquidity above $250 k, 30 days old, 5 000 holders, 50 trades an hour, mint and freeze authorities revoked, no transfer fee, hook or permanent delegate. About forty memecoins at any time.