New Solana Launchpad, Token Mill, Bets Traders (Mostly) Care Only About Price Pumps

📈 Token Mill, a new launchpad on the Solana blockchain, is making a bold bet that traders are primarily driven by one thing: the pursuit of token price pumps. Launching on August 20, 2025, at 16:00 UTC, it challenges the dominance of Pump.fun by prioritizing raw volatility and trading incentives over traditional fair launch or community features .

At the heart of its strategy is the "King of the Mill" mechanic. Tokens are grouped into three market-cap tiers—Bronze, Silver, and Gold—and every 30 minutes, they compete for the top spot based on trading volume. The winning token in each tier gets a major boost: all platform fees from that round are used to buy and burn it, creating a powerful feedback loop designed to fuel visible price spikes and attract more traders chasing the next pump .

Token Mill also introduces a novel dual-pool bonding curve system. This aims to seamlessly carry tokens from their initial launch phase to maturity without requiring a disruptive migration, potentially addressing a common pain point in token lifecycles .

This venture arrives as the "launchpad wars" on Solana intensify. While Pump.fun has generated massive revenue, it faces criticism over low token graduation rates and perceived community inequities . Token Mill, developed by the team behind the Trader Joe DEX, is betting its volatility-focused flywheel can carve out a significant niche in an ecosystem where many traders are relentlessly hunting for the next big runner .

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