# The Dynamic Bonding Curve (DBC) The **Dynamic Bonding Curve (DBC)** is a permissionless smart contract system developed by **Meteora**. It powers every token launch on ufun.app under the hood. #### 🧠 What DBC Does: * **Dynamic pricing**: Token price increases as more users buy * **Fair access**: All participants interact with a transparent bonding curve * **Allow custom launch logic set by** ufun.app * Quote tokens * Launch fees * Liquidity distribution * Graduation conditions * Anti-sniper mechanisms * **Real-time trading**: Tokens are tradable immediately on platforms like Jupiter Once a token is launched, it enters a **Dynamic Bonding Curve Pool**. When it hits a **predefined milestone (e.g. 75k market cap)**, it **graduates** to Meteora’s **Memecoin Pool v1** — a specialized AMM for longer-term growth and sustainability. > ufun.app integrates DBC directly into its launch flow — users won’t see the complexity, but they benefit from all of it. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://ufun-app.gitbook.io/ufun.app/what-powers-ufun.app/editor.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.