Pairex launches coins priced in a currency instead of ETH. Because nobody issues most of these on chain, Pairex mints the currency token itself and holds the supply in a single-tick Uniswap position, a flat wall at one price, which a keeper moves as the real exchange rate drifts and only when two independent rate sources agree. Selling a currency back is funded from what that currency's own wall has collected, with a separate pot per currency so one cannot drain another. A launch costs a small ETH fee plus a mandatory first buy, supply is fixed, and graduation places a full-range position no code path can remove. The base trading fee is 1%, split between creator and protocol, with an optional creator tax and holder fee sharing a capped budget, all settled in the pair asset. It is the busiest of the recent launchpads, with over 300 coins indexed across 57 active denominations. Two caveats: the currency tokens are backed only by their own pot and carry no redemption guarantee, which the documentation states plainly; and DefiLlama lists an unrelated Arbitrum protocol also called PairEx, so do not conflate them.

pairex.market · @pairexmarket · Docs · Launch · Rates

Pairex has a token, $PAIREX: PAIREX price, market cap, holders and trades.

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