Flap
A decentralized token launch and trading platform based on bonding curves
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About Flap
Flap is a fair-launch and trading platform on BNB Chain, focused on simplifying token creation while addressing trust and security issues. Its core business lets anyone launch tokens with customizable features, including tax tokens (with rates like 1%, 3%, 5%, or 10%) and zero-tax tokens. The platform provides a standardized, audited contract framework that reduces risks like rug pulls or honeypot scams, which are common on-chain. Key innovations include a permissionless launchpad with custom quote tokens (e.g., RWA, blue-chip assets, or memecoins), and programmable mechanisms such as creator wallets, dividend distribution, token burns, and liquidity controls. In the past six months (March to September 2026), Flap iterated through three major product versions: first migrating the Pump.fun model to EVM, then integrating Uniswap V3 mechanics, and finally standardizing tax-token features. The latest upgrade introduced a developer co-creation model, opening tax-splitting capabilities to external builders while keeping core contracts secure. Notably, Flap also implemented a 2% per-wallet purchase cap during the bonding curve phase for zero-tax tokens to prevent whale manipulation. The platform has grown into one of the most active protocols on BNB Chain, emphasizing organic community-driven growth rather than top-down promotion. No major negative events were reported in the available information.
Flap officially launched as a native social launch platform on the BNB ecosystem, offering one-click fair launch and trading.
Later, GMGN warned that some tokens issued by Flap on the BSC chain have contract risks, potentially resulting in a sell tax rate of up to 100%, drawing market attention.
In the past six months, Flap launched permissionless token launches on BNB Chain, supporting custom quote tokens (e.g., RWAs, blue-chip crypto, meme coins) and programmable features (creator wallets, dividends, burns, liquidity). Its daily revenue once surpassed Pump.fun at $1.18M, with fees growing 40x in two weeks. To manage risk, Flap introduced a 2% per-wallet purchase limit for no-tax tokens. Going forward, Flap plans to expand permissionless launches, strengthen risk management, and explore multi-chain support.
Cedric (Cedric Shan), co-founder of Flap, is an MIT alumnus and founder of Pink Labs. He led the team from an ETHGlobal hackathon victory to build Flap, a one-click fair token launch and trading platform supporting EVM chains without bootstrapping liquidity.
Irene, COO of Flap, is an HKU alumna and former Binance NFT division member, focusing on partnerships, new products, and business development. She now oversees Flap's operations, driving ecosystem adoption on BNB Chain, with Twitter bio 'Building @flapdotsh'.