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Your first trade

This is the complete path from signup to your first position. It takes under two minutes.

Before you start

You need:

::: info Minimum SOL You need at least the buy amount plus ~0.002 SOL for network fees and, on first-time buys of a token, a one-time Solana account creation cost. A small buffer (e.g., 0.01 SOL) is safer. :::

Step 1 — Find a token

Three ways:

  • Pulse — live feed of new, graduating, and migrated tokens at app.interstate.so/pulse
  • Discover — trending, new pairs, DEX-listed tokens at app.interstate.so/discover
  • Search — click the search icon in the header and type a name, symbol, or paste a contract address

Click any token to open its trade page.

Step 2 — Review the token

The right panel on every trade page shows safety metrics that matter for memecoins:

MetricWhat it means
Sniper %How much of the supply is held by wallets that bought in the first seconds after launch. High = risk of coordinated dump.
Bundler %Supply held by wallets that bought in the same block. High = likely coordinated, often rug risk.
Insider %Supply held by wallets connected to the deployer.
Top-10 holder %Concentration in the largest 10 wallets. High concentration = higher rug / dump risk.
Total holdersUnique addresses holding the token.

Look for duplicate-image warnings and similar-token flags in the right panel — these catch common rug patterns where scammers reuse a successful token's logo.

Step 3 — Buy

On the trade page, the buy panel is on the right. Make sure Market is selected (not Limit).

  1. Enter the amount in SOL (e.g., 0.1).
  2. Review your slippage and priority fee under the settings gear:
    • Slippage: default 20%. Memecoin prices move fast; lower slippage often fails. 15–25% is typical.
    • Priority fee: the tip paid to Solana validators. Higher = faster inclusion. Default is safe.
  3. Click Buy.

If the slippage or priority fee is unusually high, you'll see a confirmation dialog before the trade submits.

::: tip Quick-buy presets If you plan to trade a lot, set up Quick-buy presets (coming soon). You can buy directly from Pulse or Discover with one click, no trade page needed. :::

Step 4 — Confirm

The trade executes on-chain. You'll see:

  • A success toast with the token amount received and SOL spent
  • A link to view the transaction on Solscan
  • The position appears in your Portfolio

Interstate automatically routes the trade to the right DEX for that token — Pump.fun bonding curve, PumpSwap, Raydium (CPMM, CLMM, or Launchpad), Meteora (DBC, AMM, or DLMM), or MoonShot. You don't pick the DEX; the backend finds the pool with liquidity.

If the token has no active pool with sufficient liquidity, you'll see an error like NO_ACTIVE_POOL. Try again in a minute — a new pool may be indexing — or search for a different token.

Step 5 — Track and sell

Go to Portfolio to see your position.

  • Unrealized PnL updates live via WebSocket as the price moves
  • To sell, click the position and pick a percentage (25%, 50%, 100%) or enter a custom amount
  • Realized PnL is computed when you sell

What just happened in the background

  • Your buy earned Credits toward your Airdrop Genesis rank
  • A share of the platform fee came back to you as SOL cashback (rate depends on your rank — starts at 10%, up to 35% at Titan)
  • The trade is on the public leaderboard counting toward your volume and PnL rankings

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