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1 SOLAUCTION

Winner gets 1 SOL

Live on pump.fun

$AUCTION

Every bid on theauction.fun buys and burns $AUCTION. 24 auctions a day. Fixed supply, mint revoked. The supply only goes one way.

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Price
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Market cap
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24h
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Supply
1,000,000,000

The burn

Waiting to burn

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USDC in the on-chain burn vault

Spent on buybacks

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USDC used to buy and burn

$AUCTION burned

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Removed from supply forever

The burn vault is a program account: its USDC can only leave to buy $AUCTION and burn it in the same transaction. Nobody can withdraw it, including us. Verify the vault on Solscan · All contracts

  1. 01

    Someone bids

    Every hour a new auction for 1 SOL. Bidders compete; every bid counts.

  2. 02

    1% fee

    A fee is charged on every bid, win or lose. No exceptions.

  3. 03

    50% to the vault

    Half of every fee goes straight to the on-chain burn vault.

  4. 04

    Buy & burn $AUCTION

    Vault USDC buys $AUCTION on the open market and burns it on-chain.

The math

More bidding.
More burning.

0.5% of all bid volume buys $AUCTION. Bidding wars escalate fast, and every dollar of escalation feeds the burn.

$1K in bids per day
$5.00/day burned
$10K in bids per day
$50.00/day burned
$100K in bids per day
$500.00/day burned

$AUCTION is a memecoin with no intrinsic value or expectation of financial return. Prices are volatile and can go to zero. Market data: Jupiter. Nothing here is financial advice.