Heaven DEX Explained: Launchpad & LIGHT Tokenomics

Summary: Heaven is a Solana-based token launchpad and exchange where every asset originates through its own liquidity pool, with protocol fees ranging between 0.25% and 1% depending on token type.
Its native token, LIGHT, carries a fixed one billion supply and uses a flywheel model where 100% of protocol revenue is automatically used to buy back and permanently burn tokens.
What is Heaven DEX?
Heaven is a decentralized exchange and launchpad on Solana that lets anyone launch a token and trade it instantly on-chain. Every asset begins inside Heaven’s own automated market maker (AMM), which uses liquidity pools instead of order books to set fair prices. This design ensures continuous liquidity, transparent price discovery, and equal access for traders
Since launch, Heaven has attracted over 130,000 wallets, supported 42,000 new token creations, and processed $400m in total trading. Generating $4.2m in revenue, it achieved a global top thirty-five DeFi ranking, surpassing platforms like Curve, Jito, GMX, Virtuals Protocol, and dYdX.

How Does Heaven Work?
Heaven combines a closed-loop AMM with a publicly accessible launchpad, ensuring every token originates under consistent conditions. This all-in-one architecture eliminates fragmentation and maximizes profitability by controlling the full stack rather than wrapping around external liquidity protocols.
The system is built on several key components, including:
- Closed-loop AMM: All tokens must launch through Heaven’s system, guaranteeing standardized conditions and preventing unsupported or arbitrary liquidity injections.
- Standardized parameters: Every launch uses uniform settings for taxes, liquidity ratios, and fees, removing confusion and hidden contract risks.
- Permissionless access: Anyone can launch a token instantly and without cost, reducing barriers while discouraging opportunistic sniping.
- Virtual SOL liquidity: Pools algorithmically simulate a seeded balance, ensuring tokens begin trading with reliable depth and predictable market floors.
- No LP fees: Rather than charging liquidity providers, Heaven sets thicker pools algorithmically, improving stability while boosting protocol profitability.
- Tiered protocol fees: Different stages of token maturity apply variable fees, creating stronger alignment between token success and Heaven’s revenue flywheel.
- Creator token support: Special fee structures provide greater resources for serious builders, doubling returns to the ecosystem’s $LIGHT token.

Why Doesn’t Heaven Use Bonding Curves?
Because Heaven owns its own AMM, it does not require bonding curves or migrations to external liquidity protocols. Every token launches directly on Heaven with standardized parameters, ensuring predictable outcomes and stable markets from the first trade.
Bonding curves, pioneered by Pump.fun, became the standard way to bootstrap liquidity before tokens migrated onto external DEXs like Raydium. While effective, this approach introduced migration friction and outside dependencies, leaving creators and traders subject to inconsistent mechanics.
Instead of requiring deployers to fund liquidity, pools are seeded with “virtual SOL” that sets an algorithmic floor and guarantees depth. This design provides immediate liquidity, allows developers to secure supply, and prevents early volatility from collapsing new token launches.
As liquidity scales, the pool-to-market-cap ratio decreases predictably, from 35 SOL covering 100% at $6.3k to 2000 SOL covering 1.75% at $20.5m. This math ensures every token starts with thick liquidity protection while larger markets naturally dilute without destabilizing trading.

How To Use Heaven DEX
Heaven provides a straightforward flow for both traders and creators, allowing anyone to browse, trade, or launch new tokens. Follow these steps to get the most out of the platform:
- Connect your wallet: Visit https://heaven.xyz/ and press Connect Wallet in the top-right corner and link a Solana wallet such as Phantom, Backpack, Solflare, or even MetaMask.
- Browse active tokens: Enter the Ideas tab to explore tokens across stages including Inception, Interest, and Migrated, with market capitalization updates every minute.
- View token details: Click on any listed token to see its chart, liquidity, trading volume, holder distribution, and flywheel performance statistics.
- Trade tokens instantly: Use the integrated trading panel by entering a SOL amount, selecting buy or sell, and confirming the transaction seamlessly.
- Create a new token: Open the Create tab, upload artwork, set token name, ticker, description, and select meme or project category.
- Categorize your launch: Community coins launch immediately with light creator fees, while Creator coins require review once surpassing $100k cumulative trading volume.
- Track performance: Monitor tokens on the Ideas dashboard as they graduate automatically through categories based on liquidity depth and market capitalization milestones.

LIGHT Tokenomics
LIGHT is Heaven’s native token with a fixed supply of 1,000,000,000, the first coin launched through the Genesis ICO. Here is the allocation and vesting breakdown:
- Genesis ICO (50%): Distributed to the public during Heaven’s Genesis sale, ensuring broad access and establishing an open market foundation.
- Team (20%): Reserved for Heaven’s founders and contributors, vested over two years with a one-year initial cliff structure.
- Community (10%): Allocated to incubator programs, incentives, and ecosystem initiatives, fostering innovation and rewarding early supporters of Heaven’s growth.
- Investors (5%): Dedicated to advisors and strategic partners, distributed under structured vesting pools to encourage aligned, long-term participation and collaboration.
- Liquidity (5%): Set aside to seed initial decentralized exchange liquidity and provide reserves for future centralized exchange listing requirements.
- Foundation (10%): Assigned to the Heaven Labs Foundation, covering operations, audits, and listings, with quarterly spending disclosures for full transparency.

What is the Heaven Flywheel?
The Heaven Flywheel is a mechanism where every creator token receives its own address, automatically recycling protocol revenue into buybacks. Whenever funds flow into this address, they are programmatically used to purchase and burn tokens, strengthening value alignment.
For Heaven itself, the flywheel drives $LIGHT, with 100% of protocol revenue continuously buying and burning the token. This creates perpetual demand, directly aligning Heaven’s long-term success with its community and setting a standard for future builders and projects.
The model was recently popularized by Hyperliquid, whose flywheel pushed HYPE to $50 and a $50 billion fully diluted valuation (FDV), demonstrating beyond doubt that buybacks are the way to go in the current market dynamic.

Heaven Fees
Fees on Heaven are designed to reward real builders, support community projects, and fuel the $LIGHT flywheel. There are three main categories of fees on the platform:
- Protocol fees: Trading under $100,000 market cap incurs a 1% fee, while tokens above that threshold drop to 0.25% for community coins and 0.5% for creator coins.
- Creator fees: Community tokens grant 0.1% of trades to deployers, while verified creator tokens unlock 1% ongoing fees after legitimacy review.
- Transfer fees: $LIGHT includes a temporary 1.5% transfer fee, automatically reinvested into the god flywheel until epoch 838 concludes.
Heaven Launchpad vs Pump.fun vs LetsBonk
The rise of Solana’s launchpad meta has produced very different models, and Heaven’s approach stands apart from Pump.fun and LetsBonk.
Heaven differs from Pump.fun by replacing bonding curves with virtual SOL floors and capturing 0.25-1% fees versus Pump’s 1%. Although Pump.fun continues to lead in the sheer number of token deployments, its revenue model lacks protocol-aligned sustainability and only distributes 0.05% to creators.
Compared to LetsBonk, Heaven earns more per dollar of volume by owning its AMM stack rather than layering on Raydium. LetsBonk processes over $100 million daily with 1% BONK-burning fees, yet Heaven’s flywheel recycles 100% of platform revenue into $LIGHT buybacks.

Risks of Using Heaven DEX
Using Heaven involves exposure to the same challenges faced by all decentralized exchanges, including sharp volatility, liquidity shocks, and malicious launches. Early-stage tokens, particularly meme coins, can lose value rapidly, leaving participants exposed despite early enthusiasm or strong community narratives.
Heaven’s AMM was audited by Certora in June 2025, which reported 21 findings, including two high-severity issues, all fixed. Certora concluded the protocol is secure in scope but emphasized that audits cannot guarantee absolute safety across every possible dimension.
Final Thoughts
Just when many assumed the launchpad cycle was exhausted, Heaven reignited it with infrastructure built to funnel every idea into tradable markets.
Instead of recycling old bonding curves, the Solana DEX introduced virtual liquidity, standardized deployments, and a flywheel where all protocol revenue fuels deflationary momentum.
If Heaven continues executing on this model, it can redefine token launches entirely and cement itself as Solana’s enduring home for the next meme coins with multi-billion dollar market cap.
Frequently asked questions
How is Heaven different from other Solana launchpads like Pump.fun or LetsBonk?
Unlike wrapper launchpads, Heaven built its own exchange infrastructure, eliminating external migrations, bonding curves, and hidden costs while capturing more revenue per trade.
Can tokens launched on Heaven also trade on external decentralized exchanges?
Yes. After a project gains traction, pairs can be bridged or listed elsewhere, but all tokens originate natively through Heaven’s AMM first.
What role does the community play after a token is launched on Heaven?
Communities act as growth engines, providing liquidity, attention, and narrative support, while creators can reinvest fee revenues directly through their flywheels.
Does Heaven provide tools for serious builders beyond just launching a token?
Yes. Creator projects gain dashboards, analytics, and structured fee routing, plus foundation support, positioning Heaven as both launchpad and long-term growth ecosystem.
What are some of the best projects launched on Heaven so far?
Several tokens have already gained strong traction on Heaven, including LIGHT ($44M MC), MAGIK ($7.3M), and MID ($1.57M). Other notable migrated projects include Outlier, DARK, JUAN, and Daniel, each sustaining six-to-seven figure market caps after graduating Heaven’s launch stage.
%25201%2520(1).webp)
Written by
Emily Shin
Research Analyst
Emily is passionate about Web 3 and has dedicated her writing to exploring decentralized finance, NFTs, GameFi, and the broader crypto culture. She excels at breaking down the complexities of these cutting-edge technologies, providing readers with clear and insightful explanations of their transformative power.