How Zmurk works

Coins are paired with ZEC

Every coin trades against ZEC on a bonding curve. Fixed supply, no mint authority, no freeze. When the curve fills, liquidity moves to a pool and locks for good.

Buy with shielded ZEC

Send shielded ZEC from any Zcash wallet to a one-time address and the coins arrive at a Solana address you choose. Nobody can link the payment to the wallet.

Sealed launches

Bids are shielded ZEC in a timed window. Nobody sees them. When it closes, every winner pays the same price in one transaction. Snipers get nothing.

Shielded-only coins

A creator can launch a coin that, until it graduates, can only be bought with shielded ZEC. A buy from a public wallet fails on-chain, so there is nothing to snipe. Selling is always open, and after graduation the coin trades like any other.

Creators can stay anonymous

A creator's allocation sits in a locked vault and is released on a schedule. They can prove earlier launches graduated without a dump, without revealing which.

Fees

1% per trade, in ZEC: 56% to the creator, 24% to Zmurk, 20% to Meteora.

Buybacks

Once $ZMURK is live, half of Zmurk's share buys it through its pool and burns it, on-chain, with every run listed.

Every number is on-chain

Fees, rewards and buybacks are collected and split by programs, not people, and listed with their transactions.

Technical detail, including what is and is not private, is in the numbers page and the docs. Numbers