What is Graduation? (memecoin term explained)

Graduation is when a pump.fun coin fills its bonding curve (reaching the market-cap threshold) and the collected SOL is deposited into a new Raydium pool for open trading.

Definition: Graduation

Graduation is when a pump.fun coin fills its bonding curve (reaching the market-cap threshold) and the collected SOL is deposited into a new Raydium pool for open trading.

Key idea — Graduation is a milestone traders watch closely — it changes the liquidity structure and is often a volatility event with its own pump-and-dump dynamics.

Why it matters to memecoin traders

Graduation is a milestone traders watch closely — it changes the liquidity structure and is often a volatility event with its own pump-and-dump dynamics.

Key things to know about graduation

Triggered automatically at the curve's completion threshold (~$69k mcap).
Seeds a Raydium pool (historically ~$12k liquidity) from collected SOL.
Pre-graduation buyers are now sitting on the new open-market pool.
Graduation can spark a relief pump or an immediate dump.
Only a small fraction of launches ever graduate.

What to watch out for

Watch out — Graduation is a venue change, not a safety upgrade. The fresh Raydium pool can be dumped like any other.

Graduation FAQ

Is graduation something beginners need to understand?

Yes — Graduation is a milestone traders watch closely — it changes the liquidity structure and is often a volatility event with its own pump-and-dump dynamics.

Where do I see graduation in practice?

Triggered automatically at the curve's completion threshold (~$69k mcap). Seeds a Raydium pool (historically ~$12k liquidity) from collected SOL.

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Education only — not financial advice. Memecoins are extremely high risk.