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.
5dqR8LEtu944ak1XLkB61HpysbVti9CUAN6Qy8RPpump- Price
- —
- Market cap
- —
- 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
- 01
Someone bids
Every hour a new auction for 1 SOL. Bidders compete; every bid counts.
- 02
1% fee
A fee is charged on every bid, win or lose. No exceptions.
- 03
50% to the vault
Half of every fee goes straight to the on-chain burn vault.
- 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.