What is GAMA?
GAMA is a token launchpad on GIWA, an Ethereum layer 2. Anyone can create a token on GAMA, trade it from the first second, and watch it move from its own sale into a trading pool whose liquidity is locked for good. GAMA also runs its own exchange, GAMA DEX, with swaps, pools and orders. The app is at gama.win.
GAMA runs on GIWA Sepolia, GIWA's test network, and nowhere else. Test ETH has no value, so nothing you do here costs real money. See What is GIWA?
How a launch works
Every token on GAMA goes through the same four stages.
- Creation. Anyone can create a token by filling in a short form and paying a creation fee of 0.00078 ETH. Every token gets exactly 1,000,000,000 units, and no more can ever be made. Every launched token's address ends in
100. See Your first launch. - Trading on the curve. The new token is sold by its own bonding curve: a contract that sells the token at a price that rises as people buy and falls as they sell. The curve sells 780,000,000 tokens, 78% of the supply. While a token is on its curve, one buy can take at most 2% of the supply, and no wallet can end up with more than 2%. See Trading on the curve.
- Graduation. When the curve has sold all 780,000,000 tokens, the token graduates, normally in the same transaction as the last buy. For a token priced in ETH, that happens when the curve has raised 7.8 ETH. The curve closes for good. If the last step does not finish in that transaction, anyone can complete it from the token page.
- Trading in the pool. Everything the curve raised, together with the 220,000,000 tokens it never sold, becomes liquidity in the token's own pool on GAMA DEX. That liquidity is locked permanently: no one can withdraw it, including the creator and GAMA's team. It can only move to another approved pool, locked again in the same step. The pool opens at the curve's last price, so the price does not jump. Buy limits end at graduation.
A token is priced in its paired asset: ETH by default, or GAMA, or another token that has already graduated on GAMA. The creator chooses it at launch.
Two kinds of launch
The creator picks one of two modes when creating the token. It cannot be changed later.
- Standard. Every trade pays a 1% trading fee. The creator receives 70% of it, which is 0.7% of each trade, and GAMA receives 30%. The creator can add a creator tax of up to 9% on every trade, paid to the creator in full.
- Reward mode. Every trade pays a 1% fee to GAMA plus a holder fee of 1% to 4%, chosen by the creator. The holder fee is shared among everyone who holds the token, paid in its paired asset, from the very first trade on the curve. There is no creator fee: the creator earns only as a holder.
Creator earnings and holder rewards are paid out automatically about every five minutes once they pass a minimum, less a charge of at most 1%, and you can always claim them yourself for free (you pay only gas). See Creator earnings and Holder rewards.
GAMA DEX
GAMA DEX is GAMA's own exchange, a fork of Uniswap V4 with its trading maths unchanged. On it you can:
- Swap one token for another, including tokens still on their bonding curve, in one transaction. See Swapping.
- Place limit orders that wait for your price, and DCA orders that buy a fixed amount at regular intervals. Your funds wait in your own order vault until each fill, and GAMA's keepers carry out the fills. See Limit orders and DCA orders.
- Create pools and add liquidity of your own, which you can withdraw at any time. See Pools and positions.
The GAMA token
GAMA is the ecosystem's own token. It was launched like any other token, priced in ETH in standard mode, with the same supply and the same 78% / 22% split, and no free allocation for the team. In the current release it has already graduated, so it now trades in its pool and can be chosen as a paired asset.
GAMA's own share of fees, called protocol revenue, is split between destinations the protocol owner chooses. At present 70% goes to the treasury and 30% buys GAMA and sends it to a burn address, where no one can ever move it. See The GAMA token and Buyback and burn.
What to keep in mind
- It is a testnet. GAMA runs only on GIWA Sepolia. GIWA mainnet is not live, and GAMA has no mainnet release.
- Releases change. GAMA is redeployed as it is tested, with fresh contracts each time. The current release went live on 3 October 2026. See Status.
- Trades are final. A confirmed transaction cannot be reversed by anyone, including GAMA. See What GAMA cannot do.
TIP
The quickest way to see all of this working is to make a small trade. Connect a wallet and get test ETH, then follow Your first trade.