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How to Launch a Token on a Solana Launchpad? (Step-by-Step)

46
Crypto 101
22 Apr 2025
How to Launch a Token on a Solana Launchpad?

Table of Contents

1. Introduction

Launching your own token is a major milestone in bringing a decentralized idea to market. With more projects turning toward Solana for its scalability, speed, and user-friendly tools, understanding how to launch a token here is essential for developers, startups, and creators. This step-by-step guide is tailored to walk you through the full journey—from preparing tokenomics to running a public IDO, and beyond. Whether you're a solo innovator or a DAO-backed team, this resource provides the clarity needed to launch effectively on Solana.

2. Why Launch on Solana?

Solana has emerged as a top choice among Web3 builders for several compelling reasons:

  • Scalability: With 65,000+ transactions per second (TPS), Solana can handle large user and transaction volumes.
  • Transaction Fees: Fees are often less than a cent, making it highly cost-efficient for both teams and contributors.
  • Developer Ecosystem: Solana supports development in Rust and TypeScript, and provides comprehensive tooling.
  • User Reach: Solana’s active user base spans DeFi, GameFi, and NFT sectors, increasing visibility for new tokens.
  • Built-In Tools: Launchpads, wallets, and analytics services are deeply integrated into the ecosystem.

These advantages make Solana an ideal place to raise funds, distribute tokens, and grow a community efficiently.

3. Prerequisites for Token Creation

To ensure a smooth launch, you’ll need to prepare a few essentials:

  • A strong value proposition: Define the core problem your project solves.
  • Tokenomics model: Total supply, distribution plans, utility, rewards, and burn logic.
  • Visual branding: Logo, color palette, and token name/symbol.
  • Smart wallet setup: Preferably Phantom or Solflare, preloaded with SOL for transactions.
  • Whitepaper: A detailed technical and economic overview of your project.
  • Pitch Deck and Roadmap: A visual overview of your goals, milestones, and revenue model.
  • KYC readiness: Required for regulated or VC-backed launchpads.
  • Community channels: Create Discord, Telegram, and Twitter accounts in advance.

Optional but valuable:

  • MVP or beta app/demo
  • Audit-ready smart contracts (if you’re not using no-code tools)
  • A simple one-page landing site for whitelist collection and FAQs

4. Choosing the Right Solana Launchpad

The Solana launchpad you choose will significantly affect your IDO success, visibility, and user trust. Here’s how four major platforms compare:

LaunchpadFeaturesBest For
SmithiiNo-code dashboard, instant launch, low feesSolo devs, fast token experiments
SolstarterTier-based access, whitelist lottery, KYC enforcedProjects with existing communities
SolaniumToken sale, vesting, DAO governance, staking poolsDAO-aligned or investor-backed ideas
SolsterMulti-chain support, staking incentives, IDO toolsDeFi projects with broader reach

Factors to consider:

  • Platform reputation and community size
  • Staking requirements and fundraising limits
  • Whether you prefer self-launch or curated access

5. Step-by-Step Guide to Token Launch

This process outlines how to go from concept to live IDO:

Step 1: Create Your Solana Wallet

Download Phantom (recommended) or Solflare wallet and secure your seed phrase. Fund it with 1–2 SOL to cover setup and transaction fees during token creation and launch.

Step 2: Design Your Tokenomics

Draft a distribution plan with the following:

  • Max supply (e.g., 100M tokens)
  • Allocation percentages (public sale, team, liquidity, treasury)
  • Vesting schedules (e.g., 12-month cliff for team)
  • Initial sale pricing and caps

Use charts and spreadsheets to visualize allocations and investor ROI.

Step 3: Select and Register on a Launchpad

Connect your wallet on the launchpad site. Submit a proposal with:

  • Pitch deck
  • Roadmap
  • Tokenomics
  • Legal structure and KYC info (if required)

Smithii allows for instant launches, while Solstarter and Solanium require a review phase.

Step 4: Generate Your SPL Token

Use Smithii’s no-code token generator to:

  • Set token name, symbol, decimals
  • Choose total supply
  • Mint tokens directly to your wallet

Advanced users can use Solana CLI or SPL Token Toolkits to deploy tokens manually.

Step 5: Set Up the Token Sale and Whitelisting

Configure the following:

  • Sale types (private, public, whitelist)
  • Contribution rules (min/max buy-ins, accepted tokens)
  • Whitelist requirements (social tasks, invite scores, wallet hold duration)

Upload CSVs or use platform tools to automate whitelist tracking.

Step 6: Enable Vesting, Locking and Smart Contract Features

Most launchpads support integrated smart contract settings:

  • Lock tokens for a fixed period (cliff)
  • Unlock percentage-based tranches over time
  • Auto-transfer tokens using vesting dashboards

Step 7: Conduct a Test Launch (Optional but Recommended)

Testnet launches help:

  • Verify token issuance and claim flow
  • Simulate gas use and participant interactions
  • Identify bugs in vesting or referral mechanisms

Use Devnet tokens for risk-free simulation.

Step 8: Go Live with Your IDO or Presale

  • Finalize your launch date and announce it publicly
  • Publish FAQs, team intros, and tutorials on social media
  • Monitor transaction volumes and funding activity in real time
  • Resolve user queries and manage Discord/Telegram engagement

Step 9: Post-Launch Actions (Liquidity, Airdrops, Community)

Once your token sale ends:

  • Add liquidity to a DEX (e.g., Raydium or Orca)
  • Lock LP tokens to build user confidence
  • Distribute any promised airdrops
  • Maintain community updates and share development milestones

6. Key Tools and Resources

ToolPurpose
SmithiiToken generation, IDO launch, multisend
SolaniumTiered IDO + staking governance
PhantomWallet setup and token management
RaydiumPost-launch liquidity + trading pairs
Notion/FigmaToken planning and community docs

These tools simplify every step from ideation to execution.

7. Common Mistakes to Avoid

  • Unclear tokenomics: Leads to poor investor trust.
  • No liquidity post-launch: Tokens become illiquid and lose value.
  • Poor KYC readiness: Delays on vetted platforms.
  • Skipping test launches: Miss out on catching bugs.
  • Weak community engagement: Limits reach and conversions.

Always test, audit, and build hype gradually.

8. Cost Breakdown

Launching a token on Solana is affordable, but here are typical costs:

ItemEstimated Cost
Wallet setupFree
Token creation (Smithii)0.1–0.2 SOL
Launchpad fee (2–5%)Varies with raise amount
Audit (optional)$1,000–$10,000
Liquidity (DEXs)As per token pair
Design, marketing, content$500–$3,000+

Estimate total budget between $1,000 and $10,000+ depending on scale.

9. FAQs

Q1: Can I launch a token on Solana without coding?

Yes, launching a token on Solana is possible without any coding skills thanks to no-code platforms like Smithii. These tools allow you to input details like your token name, symbol, total supply, and vesting rules through a user-friendly interface. You can also set up token sales and distribute tokens to users automatically. This is perfect for solo founders, marketers, or creators who want to deploy a token quickly without hiring developers.

Q2: How long does the launch process take?

The duration depends on the platform you choose. With self-service launchpads like Smithii or Solster, you can set up and go live within 1–3 days if all your materials are ready. On vetted platforms like Solstarter, the process can take 1–3 weeks, including the submission of documents, team verification, smart contract audits, and marketing alignment. Always allow extra time for testing and pre-launch marketing.

Q3: Do I need KYC to launch a token?

Not always. Platforms like Smithii typically do not require KYC, giving more flexibility to anonymous or independent creators. However, if you plan to raise public funds through a regulated IDO platform like Solstarter or Ignition, KYC is mandatory. This involves identity verification and may also include team background checks to ensure project legitimacy. Always read the terms and compliance requirements of the platform you select.

Q4: Can I raise funds in USDT instead of SOL?

Yes, most launchpads support multiple payment tokens including USDT, USDC, and SOL. When setting up your sale, you can choose which assets you'll accept from contributors. Stablecoins like USDT are often preferred for investor confidence, as they are less volatile than native tokens. Be sure to check if your chosen launchpad has liquidity pools or swaps set up for the token pair you select.

Q5: Where can I add post-launch liquidity?

After your token sale ends, it’s essential to list it on a decentralized exchange (DEX) to enable trading. On Solana, the most common DEXs are Raydium and Orca. You’ll need to create a liquidity pool with your token paired to SOL, USDC, or USDT. This improves price discovery, market access, and user confidence. Some launchpads even assist with automated liquidity provisioning right after the IDO.

10. Conclusion

Launching a token on Solana is easier than ever in 2025. With tools like Smithii and Solstarter, creators can bring ideas to life in days without touching code. The key is to plan carefully, test thoroughly, and build community before, during, and after your launch.

Whether you’re building the next DeFi tool, GameFi platform, or DAO, Solana’s infrastructure gives you the speed, affordability, and scalability to succeed.

Ready to launch? Connect your wallet, map your tokenomics, and bring your project to the Solana ecosystem today.