> ## Documentation Index
> Fetch the complete documentation index at: https://docs.raydium.io/llms.txt
> Use this file to discover all available pages before exploring further.

# LaunchLab

> Bonding-curve token-launch venue that graduates into a Raydium AMM pool once funding targets are met.

## What it is

LaunchLab is Raydium's token-launch program. A project deploys a token against a bonding curve; buyers trade against the curve until a funding threshold is reached, at which point the remaining curve supply and collected quote tokens are migrated into a Raydium AMM pool (CPMM or CLMM) and trading continues there.

**Program ID:** see [reference/program-addresses](/reference/program-addresses).

## Chapter contents

<CardGroup cols={2}>
  <Card title="Overview" icon="circle-info" href="/products/launchlab/overview">
    Lifecycle of a launch: pre-graduation trading, graduation trigger, post-graduation AMM pool.
  </Card>

  <Card title="Bonding curve" icon="chart-line" href="/products/launchlab/bonding-curve">
    The curve formula(s) supported by LaunchLab, worked price examples, and how the graduation threshold is computed.
  </Card>

  <Card title="Accounts" icon="database" href="/products/launchlab/accounts">
    LaunchConfig, LaunchState, vaults, authority PDAs; account states through the launch lifecycle.
  </Card>

  <Card title="Instructions" icon="terminal" href="/products/launchlab/instructions">
    Initialize, Buy, Sell, Graduate, CollectFees, SetParams. Includes migration-to-pool instruction.
  </Card>

  <Card title="Code demos" icon="code" href="/products/launchlab/code-demos">
    End-to-end: deploy a launch, buy/sell, trigger graduation, verify resulting pool.
  </Card>

  <Card title="Platforms" icon="layer-group" href="/products/launchlab/platforms">
    Third-party Platform PDAs — how external teams run their own branded launch environment on top of LaunchLab.
  </Card>

  <Card title="Creator fees" icon="coins" href="/products/launchlab/creator-fees">
    Pre-migration vault, post-migration Fee Key NFT, the 0.1% token-share referral, and how splits are configured per platform.
  </Card>
</CardGroup>

## When to read this

* You are launching a new token on Raydium.
* You are building a launch-tracking UI or aggregator.
* You need to understand price formation pre-graduation vs. post-graduation.