How it works
A Gap coin is a Stonks coin paired with an xStock. Its dev bag carries 20 burns signed before launch. Each US market open that gaps far enough from the last close sends one of them.
The gap
Close: the last price Pyth published at or before 16:00 New York time (13:00 on early-close days). Open: the first price published at or after 09:30 on the next trading day. Gap: open against close, in percent.
Prices come from Pyth's US equity feed of the stock behind your pair: NVDA for NVDAx, SPY for SPYx, and so on. A SOL pair watches the stock you pick.
The rules
| Threshold | 1 % by default, set from 0.5 % to 3 % at launch, then fixed. |
| Gap ≥ threshold | 1 slice burns. |
| Gap ≥ 3 × threshold | 2 slices burn. |
| Earnings day | The first open after results uses 0.5 %. The coin page shows an EARNINGS banner. |
| Weekend or NYSE holiday | No session, nothing burns. |
| Missing price, or first price more than 5 minutes after the bell | Nothing burns, and the session says why. |
| Dev sells below the gap share | Every armed slice is cancelled, in red. Burned slices stay burned. |
| Expiry | None. Slices burn until all 20 are gone. |
The slices
At launch you choose the gap share: 25 to 100 % of your dev buy. It is cut into 20 equal slices. Each slice is a burn transaction signed by your wallet, tied to its own durable nonce, so it stays valid until it is sent. Gap holds no key: at the bell it only sends what you signed.
The launch
Your wallet creates the coin on Stonks with your dev buy. You are the creator on-chain. Up to 4 more wallets can buy in the same block through a Jito bundle; each signs its own buy beforehand, and the coin page lists them with their share of supply. If the bundle does not land, nothing is created and the studio shows NOT LAUNCHED with a new attempt.
Fees
0 % to Gap. Trades pay the platform: 1 % StonkFun and 0.25 % Raydium. No treasury, no vault, no site wallet.
What Gap does not do
Gap says nothing about where a price goes. A burn removes a share of supply from the dev bag; it is not a promise of anything. Memecoins are risky.