Stockwave field manual · issue 01

How the market gets made.

System brief

Stockwave is a non-custodial Solana launchpad for creating Token-2022 assets and opening one-sided Raydium CLMM markets. Your wallet signs every action, launch records are stored in an on-chain registry, and Stockwave never takes custody of tokens, liquidity positions, or fee-claim NFTs.

Execution sequence

Six phases, signed by you.

Phase / 01

Define the token profile

Add a name, symbol, description, links, and token logo. Stockwave compresses uploaded logos locally and stores qualifying images permanently through Irys on Arweave. Core metadata is encoded into the Token-2022 mint rather than stored in a Stockwave database.
Phase / 02

Create the Token-2022 mint

The launch creates a fixed supply of 1,000,000,000 tokens with 9 decimals. Mint authority is revoked, no freeze authority is configured, and both metadata authorities are revoked after the profile is written. Creators may retain up to 10% of supply; all remaining tokens are allocated to liquidity.
Phase / 03

Open and register the market

Stockwave creates a Raydium CLMM pool at the selected opening valuation and records the creator, token mint, quote asset, pool, and fee policy in the Stockwave registry program. The registry verifies that the pool contains the registered token mint.
Phase / 04

Supply one-sided liquidity

Token inventory is deposited across the configured range above the opening price. The creator does not deposit SOL or the quote asset as seed liquidity. Buyers introduce the quote side as swaps execute against the standard Raydium pool.
Phase / 05

Permanently lock liquidity

The official launch flow locks the exact position through Raydium Burn & Earn before optional buys. Stockwave then proves that every nonzero pool position is in canonical Raydium lock escrow before listing the market or enabling swaps. The registry and lock are still separate transactions, so this verification gate is essential.
Phase / 06

Claim, burn, and distribute fees

Stockwave's guided claim collects the pool's 1% trading fees, burns the token-denominated portion, and distributes the quote-asset portion according to the configured policy. The transferable Raydium Fee Key remains creator-controlled and can claim outside Stockwave, so this distribution policy is disclosed behavior rather than compulsory settlement.
Registry mandate

What the registry controls.

The Stockwave registry provides verifiable launch provenance, approved quote assets, and the advertised fee policy. Its authority can curate assets available to newlaunches, but it cannot mint additional supply, withdraw permanently locked liquidity, custody user funds, or reverse trades in existing Raydium pools.

Launch costs

Cost ledger / SOL
Seed-liquidity deposit0 SOL · 0 quote asset
Compressed logo uploadNo upload fee under the Irys threshold
Estimated network rent and fees≈ 0.26 SOL
Raydium pool trading fee1% CLMM tier
Risk memorandum

Read before you sign.

  1. 01Stockwave tokens are speculative crypto assets and are not shares in referenced companies.
  2. 02Tokenized equities introduce issuer, regulatory, liquidity, and depeg risk in addition to token-market risk.
  3. 03Permanent LP locking prevents creators from withdrawing liquidity; it does not guarantee market value or trading demand.
  4. 04Stockwave disables discovery and swaps when exact Raydium lock-escrow proof is unavailable or incomplete.
  5. 05Fee claims require the creator wallet. Holder mode distributes to up to eight eligible token accounts per claim.
  6. 06The Raydium Fee Key can be transferred or used to claim directly outside Stockwave's guided distribution.
  7. 07USD values rely on available on-chain price routes and may be delayed or unavailable for some assets.
  8. 08Review every wallet transaction and use only funds you can afford to lose.