While the curve is open
The hook checks every transfer out of the curve. Those coins may only go to this coin’s Gabox prize pool. So every buy on the curve is a Gabox pack, or the launch seed. A direct buy through Meteora, a swap app or a bot fails. Sales into the curve, wallet transfers and prize payments are not affected. The hook keeps no state of its own. On the curve, every pack except the largest is open. The largest pack stays locked until graduation.The graduation target
Each quote token has one registered Meteora config. Its raise is how much quote token the curve collects before the coin graduates. The create page shows this target before you launch, and the machine page shows the progress. A machine keeps the config it launched with. A later registration only affects new machines.The last pack
The curve stops exactly at its target. The pack that reaches it buys only what is left. It may spend less than its price and get fewer coins, and the unused part stays with the buyer.When the curve completes
- Migrating. The curve is full. Meteora’s migration moves the liquidity into a DAMM v2 pool. The app pauses packs until the pool exists.
- Graduated. Meteora removes the hook from the mint. The coin now trades freely in the DAMM v2 pool, and anywhere else it is listed.
- Gabox buys and sells through that DAMM v2 pool. It proves the pool from the pool’s own data.
- The largest pack unlocks.
- The trading fee drops from 2% to 1.5%. On a coin launched before 29 October 2026, it drops from 1.875% to 0.94%.
- The pool’s liquidity is locked for ever. The creator owns 60% of the locked position and Gabox 40%. On an older coin, Gabox owns 67% and the creator 33%.
- Pack fees from buyers with no referrer can fill the Mega Pack.