Launch

How much can be bought


Vault-wide limits are measured against 206.9M tokens, the amount in a new PumpSwap pool (called Y0).

LimitValue
Per wallet2M tokens of open calls per coin (25 wallets share a 5% stake's capacity, 50 a 10% stake's)
One purchase10.3M tokens (5% of Y0) vault-wide; in practice the per-wallet limit binds first
Per hour, while the lowest ladder strike is $200K (market cap under about $133K)no hourly limit
Per hour, above that5.17M tokens (2.5% of Y0)
Per 24 hours, and all open calls at once99.3M tokens at a 10% stake; smaller stakes in proportion (49.7M at 5%)
Thin pool (or thin curve before bonding)a purchase of 25% or more of the tokens left is refused
Before bondingcalls are covered by the stake only

The vault-wide limits are shared by all buyers of that coin.

Why: the daily limit always fits inside the vault's stake, so every call is covered by tokens the vault already holds. The hourly limit exists to stop a specific attack (pushing the price down so strikes fall, buying, then letting the price recover). While the strike is pinned at $200K, pushing the price cannot move the strike, so there is no hourly limit. The per-wallet limit stops one wallet taking the whole capacity; it cannot stop one person using many wallets.

From launch, at a 10% stake: the whole day's 99.3M tokens can sell in the first hour (about $2,760 of premium if all at the $200K strike), spread over at least 50 wallets of up to 2M each.