0 coins covered

made on Solana

Every coin here is

Insured

The Backstop machine: a chute on the left, the fund tank on the right, the fund printed on its screen.

In the backstop

0.00SOL

paid in by 0 coins

the $STOP mint goes here at launch

Buy $STOP Chart Follow

and when one dies

You burn it

Every coin launched here pays seventy per cent of its creator fee into one fund. When a coin goes down, the fund writes it a settlement, and the people still holding it burn their tokens to take that settlement out in SOL.

Launch a coin

what the fund is holding up

Covered

0.00SOL in the fund

0coins covered

0coins down

0.00SOL settled

CoinPaid inCoverCurve nowLast pulse

No coin has been launched on Backstop yet. This board fills itself from the program the minute the first one is.

the ones that did not make it

Down

CoinSettlementCashed inWindowWent down

Nothing has gone down yet. A coin goes down when the SOL in its pump.fun curve stays under a fifth of its own peak for twenty four hours.

Burning is the claim. The tokens go into the fire and the program pays you the settlement multiplied by your share of the supply the coin had when it went down. The window is thirty days, then what is left goes back into the fund.

The program is not deployed yet, so nothing can be cashed in.

put one in

Launch

Picture

The launch is an ordinary pump.fun transaction signed by your own wallet, and the lock that points its creator fee at the fund rides with it: one approval, two transactions. Seventy per cent of that fee goes to the fund, twenty per cent stays yours, ten per cent buys $STOP and burns it.

The program is not deployed yet, so nothing can be launched.

all of it, in order

How

  1. 01

    You launch a coin here. It is a normal pump.fun launch from your own wallet, and the lock that points its creator fee at the fund is signed with it. Point it away later and the coin stops earning cover: it keeps only what it has already paid in.

  2. 02

    Every fee that coin pays is split by the program: 70 per cent into the fund, 20 per cent to the wallet that launched it, 10 per cent buys $STOP and burns it.

  3. 03

    Anyone can pulse a coin. The program reads the SOL sitting in its pump.fun bonding curve, or in its PumpSwap pool after it bonds, and keeps the highest it has seen.

  4. 04

    A coin goes down when that number stays under 20 per cent of its own peak for 24 hours straight, and the coin is older than 24 hours.

  5. 05

    A coin that goes down is written a settlement: twice everything it paid into the fund, capped at 20 per cent of the fund at that moment.

  6. 06

    Holders cash in by burning. The program pays the settlement multiplied by the tokens burned over the supply the coin had when it went down. Thirty days, then the remainder goes back to the fund.

The fund pays only what is in it, and every settlement is capped, so a wave of deaths pays less per coin. $STOP is a memecoin: it is no claim on the fund and no promise of anything. Nothing here is advice.