> ## Documentation Index
> Fetch the complete documentation index at: https://docs.jup.ag/llms.txt
> Use this file to discover all available pages before exploring further.

# Jupiter Studio FAQ

> Frequently asked questions about launching and trading tokens on Jupiter Studio.

# Frequently Asked Questions

## Launching a token

<AccordionGroup>
  <Accordion title="Do I need to deposit liquidity to launch a token?">
    No. The creator does not need to provide any initial liquidity. Capital enters the <Tooltip tip="A pricing mechanism where the token price is determined by a mathematical formula (xy=k). Users buy and sell on this curve before graduation.">bonding curve</Tooltip> as users buy in. When the token graduates, the raised capital is migrated to a Meteora pool automatically.
  </Accordion>

  <Accordion title="What is the token supply?">
    Every token launched through Studio has a fixed supply of 1,000,000,000 (1 billion) tokens. This cannot be changed.
  </Accordion>

  <Accordion title="What's the difference between meme mode and custom mode?">
    Meme mode uses fixed parameters: USDC as quote token, 5K initial market cap, 75K graduation market cap, \~79% bonding supply, \~21% migrating supply, no creator vesting. Custom mode lets you adjust the quote token, market caps, creator vesting schedule (up to 80% supply, 6 or 12 months duration), and anti-sniping toggle. See [Launching a Token](/user-docs/launch/studio/launching-a-token) for full details.
  </Accordion>

  <Accordion title="Can I choose which token is used to buy on the curve?">
    In custom mode, yes. You can choose between SOL and USDC as the <Tooltip tip="The token used to buy on the bonding curve. Either SOL or USDC, chosen by the creator at launch.">quote token</Tooltip>. In meme mode, the quote token is USDC.
  </Accordion>

  <Accordion title="Is there a minimum amount to graduate?">
    Yes. The bonding curve must raise at least 15,000 USDC (or equivalent in SOL) before graduation can trigger. Your initial and graduation market cap settings must produce at least this amount.
  </Accordion>

  <Accordion title="Can I change my token's parameters after launch?">
    No. All parameters (market caps, vesting schedule, anti-sniping) are set at launch and cannot be modified afterward.
  </Accordion>

  <Accordion title="What is Magic Gen?">
    Magic Gen is a button on the launch screen that auto-generates token info (name, symbol, image) for you. It's optional. You can always enter token info manually.
  </Accordion>
</AccordionGroup>

## Trading and buying

<AccordionGroup>
  <Accordion title="Can I sell my tokens before graduation?">
    Yes. Buyers and sellers can trade freely on the bonding curve at any time before graduation.
  </Accordion>

  <Accordion title="What fees do I pay when buying or selling?">
    A 1% fee is charged on every transaction (buy and sell), throughout the entire lifetime of the token. This applies both on the bonding curve and on the Meteora pool after graduation. The 1% is split 50/50 between the creator and Jupiter.

    During the first 15 to 60 seconds after launch, an additional anti-sniper fee may apply on top of the 1%. This fee starts at 99% and decays to 0%.
  </Accordion>

  <Accordion title="How do I know if anti-sniper fees are still active?">
    The jup.ag trading interface displays a warning when anti-sniper fees are active on a token. The exact remaining time is not shown in the UI, but can be read on-chain from the launch transaction.
  </Accordion>

  <Accordion title="Where can I find tokens launched on Studio?">
    Every Studio token automatically appears on Alphascan (within Jup Pro) and is flagged as a Studio token. If a token has no recent trading activity, it may temporarily disappear from Alphascan and reappear when trades resume.
  </Accordion>
</AccordionGroup>

## Graduation

<AccordionGroup>
  <Accordion title="What is graduation?">
    Graduation is the moment a token transitions from the Studio bonding curve to a Meteora <Tooltip tip="Dynamic Automated Market Maker v2. A constant product (xy=k) liquidity pool on Meteora.">DAMMv2</Tooltip> liquidity pool. It is triggered when the bonding curve has raised enough quote tokens to meet the graduation threshold. See [Graduation and Fees](/user-docs/launch/studio/graduation-and-fees) for the full breakdown.
  </Accordion>

  <Accordion title="What happens if my token doesn't graduate?">
    The token remains on the Studio bonding curve indefinitely. Users can still buy and sell on the curve. The token may fall off Alphascan if there's no trading activity, but it reappears when new trades occur. No funds are lost.
  </Accordion>

  <Accordion title="Can liquidity be removed from the graduated pool?">
    No. All LP tokens from the graduated Meteora pool are permanently locked. No one (including the creator) can withdraw liquidity from it.
  </Accordion>

  <Accordion title="Can I add more liquidity after graduation?">
    Yes. After graduation, anyone can add liquidity to the Meteora DAMMv2 pool. Go to your Studio token page, click the link to the graduated LP pool under the "Graduated" section, and add liquidity directly on [Meteora](https://meteora.ag).

    <Warning>
      Adding liquidity carries risk. If the token price drops significantly, you may lose part or all of your deposited capital.
    </Warning>
  </Accordion>
</AccordionGroup>

## Fees and earnings

<AccordionGroup>
  <Accordion title="How much does the creator earn?">
    The creator earns 50% of the 1% trading fee on every transaction, for the entire lifetime of the token (before and after graduation). During the anti-sniper window, the creator also receives the full anti-sniper fee.
  </Accordion>

  <Accordion title="How do I claim my fees?">
    Connect with your deployer wallet (the wallet used to launch the token) on your Studio token page. A green claim button appears next to your accumulated fees on the right side of the page.
  </Accordion>

  <Accordion title="Do I keep earning fees after graduation?">
    Yes. The 1% trading fee (split 50/50 between creator and Jupiter) continues to apply on the Meteora DAMMv2 pool after graduation.
  </Accordion>

  <Accordion title="Where does the anti-sniper fee go?">
    The anti-sniper fee goes entirely to the creator. It is separate from and added on top of the standard 1% trading fee.
  </Accordion>
</AccordionGroup>