LEDGE

COHORTS

updated at 05:17 UTC, 25 September 2026
0.74%73 graduations of 9,834 launches
0.43%leaving out graduations under 5 minutes: 42 of 9,834, 1 in 234

42.5% of graduations were done within 5 minutes, and 24.7% within 60 seconds.

How this is counted

Rows with fewer than 30 launches show the count instead of a rate.

All time means since 5 September 2026, block 55,173,069 to block 71,970,762.

AFTER GRADUATION

2,185 graduations with a pons pool

The pool’s price at +1 h, +24 h, +7 d after graduation, against its opening price. Each cell is the median for the graduations old enough to have reached that mark, with their number. A pool with no trade by the mark counts as no trade, not as a price.

Change against the opening price, by how long the graduation took.
Time to graduationGraduations (n)+1 h, median+24 h, median+7 d, medianNo trade by +24 h
under 10 s285−91.6% (n=162)−92.4% (n=159)not enough data (n=90)96.9%
10 s to 5 min744−86.1% (n=379)−91.1% (n=364)not enough data (n=207)93.4%
over 5 min1,156−74.1% (n=789)−87.2% (n=753)not enough data (n=449)96.5%
Change against the opening price, by the token the launch was paired against.
Pair tokenGraduations (n)+1 h, median+24 h, median+7 d, medianNo trade by +24 h
ETH1,333−80.1% (n=1,330)−89.0% (n=1,276)not enough data (n=746)95.69%
Stablecoin358not enough data (n=0)not enough data (n=0)not enough data (n=0)not enough data (n=0)
Tokenized stock455not enough data (n=0)not enough data (n=0)not enough data (n=0)not enough data (n=0)
Other39not enough data (n=0)not enough data (n=0)not enough data (n=0)not enough data (n=0)
Change against the opening price, by creator tax.
Creator taxGraduations (n)+1 h, median+24 h, median+7 d, medianNo trade by +24 h
0%865−92.1% (n=314)−93.8% (n=310)not enough data (n=237)97.4%
1%375−73.8% (n=259)−92.2% (n=248)not enough data (n=112)94.4%
2–3%870−77.5% (n=705)−78.8% (n=667)not enough data (n=366)95.8%
4–5%66−28.9% (n=47)−92.1% (n=46)not enough data (n=28)91.3%
6–10%9not enough data (n=5)not enough data (n=5)not enough data (n=3)not enough data (n=5)

FIRST BUY

launches at least one hour old

Counted from block 61,432,821; earlier launches were never read for buys. Shares are cumulative from the launch block. The launch’s own opening buy, sent in the launch transaction, is counted separately.

When the first outside buy landed, by creator tax, n = 184,741 launches.
Creator taxLaunches (n)Opening buy in launch txSame block≤ 1 s≤ 3 s≤ 5 sNone
0%70,40974.72%1.16%35.73%48.86%53.90%25.27%
1%30,08275.12%0.22%32.87%47.75%50.31%33.01%
2–3%71,43758.69%0.34%31.68%39.76%41.10%42.40%
4–5%7,40041.97%0.04%20.82%24.55%25.61%55.24%
6–10%5,41333.29%0.00%20.38%24.55%25.88%56.70%
All184,74166.06%0.61%32.65%43.48%46.41%35.28%
When the first outside buy landed, by the token a launch is paired against, n = 184,741 launches.
Pair tokenLaunches (n)Opening buy in launch txSame block≤ 1 s≤ 3 s≤ 5 sNone
ETH135,23765.92%0.64%34.54%45.48%47.10%36.27%
Stablecoin16,04783.02%1.06%33.35%45.05%52.44%25.30%
Tokenized stock31,84158.30%0.28%24.72%34.64%40.77%36.24%
Other1,61662.07%0.19%24.13%34.41%39.85%32.36%
All184,74166.06%0.61%32.65%43.48%46.41%35.28%