Peg Docs

Peg

A launchpad where every coin is pegged to an asset from another chain, on Solana.

Peg lets you launch a Solana coin against an asset that lives on another chain: PEPE on Ethereum, NVDA on Robinhood Chain, BNB, HYPE and more. Each of those assets has a peg on Solana, a token that follows its price. Your coin trades against that peg, so its chart moves with the asset as well as with its own buyers.

Buyers pay in SOL. The route goes SOL to the peg to your coin in one transaction, and selling takes the same path back.

Where to start

  • Launch a coin: pick a peg, name your coin, sign one transaction.
  • Buy and sell: what happens when someone trades a coin on Peg.
  • What a peg is: how a peg follows its asset and who holds its supply.
  • Prices: where every peg's price comes from and how often it updates.
  • The Peg program: the on-chain rules that move a peg's pool and nothing else.

What runs where

PartWhere it runs
Your coin's curveMeteora Dynamic Bonding Curve, quoted in the peg
Your coin after graduationMeteora DAMM v2, against the same peg, liquidity locked
Each peg's poolMeteora DLMM, peg against SOL, owned by the Peg program
Peg pricesMedian of up to 9 exchanges, or the asset's deepest pools on its own chain
Moving each peg to its priceThe Peg program, from a signed price, in one transaction