Heaven launchpad from Solana: Review of the New AMM and Launchpad

After Pump.fun, we have watched new launchpads emerge with a similar operating model, especially around the bonding curve and the graduation system. Recently, though, Heaven, a new launchpad from Solana built around the promise of “bringing great ideas to life,” has moved pretty far away from the usual template.

We recently published the differences between Pump.fun and Letsbonk on our blog, but the two platforms clearly work in a very similar way. What caught my attention is that Heaven’s launchpad feels meaningfully different, positioning itself as a new model for Solana launchpads.

That is why I decided to review it and figure out whether this is just another Pump.fun. Let’s get into it.

What is heaven.xyz?

Heaven.xyz is a launchpad with its own AMM protocol, built into the Solana ecosystem. In plain English, it lets you create and list tokens: meme coins, serious community or company projects, utility tokens… and pretty much anything else people decide to launch.

At first glance, it might look like just another launchpad in a crowded market, but there is more going on here. Especially when you consider that, at the time of writing, its share of token creation had climbed to 27.88%.

So what caused such a major shift in dominance?

Standout features of this new launchpad

When Pump.fun announced “Creators Revenue,” offering coin creators 0.05% of transaction fees, it sparked a serious debate in the community: rugers would benefit from the rewards too. From that angle, it looked like Pump.fun was giving a small incentive to a low-quality practice by rewarding every creator equally.

Even so, Pump.fun held (and still holds) most of the dominance when it comes to meme coin launchpads. Eventually, it launched its own AMM to cut the cost of migrating liquidity to Raydium and, of course, to keep the fee revenue for itself.

I’m bringing up what happened back in March and May 2025 because that context matters if you want to understand how Heaven introduces ideas that break from the usual launchpad model. Let’s dig into its main features.

Heaven Categories and Revenue Fees

As you’d expect, there are no limits on creating tokens on Solana. On top of that, the tokens created are SPL 2022, not standard SPL, which is the first major difference from the leading meme coin platforms.

Then there’s token categorization on Heaven, since there are three possible categories that can change the coin creator’s benefits. These categories and their fees are:

• Creator: receives 1% of transactions. When you apply for this category, real Heaven admins will review your token links and verify that you are the actual project creator. In the meantime, your potential creator revenue accrues, but you won’t be able to use it until you are categorized as “Creator”.
• Community: whoever launches the coin earns 0.1% of total transaction volume. This category does not require a manual review and is the right label for meme coins or tokens built around large communities.
• Blocked: 100% of creator revenue goes to $LIGHT, Heaven’s native token, which we’ll cover in the next section. This category is specifically for coins designed to extract liquidity and nothing else.

If you mark your token as “Creator” and, after review, it gets assigned to “Community”, 90% of the funds raised are burned in the “flywheel address”, a unique address used to burn the coin listed on Heaven (a feature each creator can enable for their tokens). The remaining 10% can be claimed by the person who launched the token.

This is how Heaven tries to clean up the revenue model for people who create rug and avoid indirectly rewarding them through a launch-based income system.

Honestly, I think it is a pretty fresh mechanism, and it completely changes how people usually think about a launchpad.

Native Token $LIGHT and the 100% revenue buyback

$LIGHT is Heaven’s native token and plays a major role inside its own ecosystem. In practice, all profits generated on Heaven are used for automatic $LIGHT buybacks, and then burned. This decision is permanent and programmed into the protocol, so the circulating supply of the token keeps shrinking, which increases its value over time.

So, if 100% of the profits go back into the coin, what incentive does the team have to keep building Heaven? Most likely, the attractive 20% of supply locked for the team and the 10% allocated to the foundation.

It’s worth noting that $LIGHT tokens have a vesting schedule that unlocks linearly over 2 years, meaning the team’s full token allocation unlocks in 2027. Nearly 2 million $LIGHT are released every week, making this the creators’ biggest incentive.

Automatically using 100% of profits for buys is a mechanism with its own name: “The god flywheel”.

Heaven Runs Its Own AMM

With its own AMM, Heaven does not use a bonding curve or graduation system, unlike what happened on Pump.fun. There is no liquidity migration either, since every coin has a liquidity pool from the moment it is created.

What does exist is a clear category split once a token passes a 100k USD market cap. From that point on, creator earnings are reduced and the tokens appear in a special category.

This not only makes creating SPL tokens simpler, but also cuts liquidity migration costs to 0, since the liquidity pool exists from the start.

“Flywheel” and Token Burns

Everything covered so far sounds strong, especially because it breaks the repetitive launchpad pattern for Solana. Heaven has also built a system it calls “Flywheel”, where each token created on the platform lets the creator activate the Flywheel Address. How does it work?

Basically, it is a randomly generated address tied to the token that lets you swap other tokens and burn the main one.

It is easier to understand with an example: when you activate the Flywheel, your token generates an address. Anything sent to that address is swapped for the relevant token, and that amount is burned directly and automatically. That is exactly what $LIGHT does and leads as the native token.

Protection Against sniper Bots and MEV Bots

Lastly, Heaven applies high taxes at the start of a token, then lowers them linearly over 6 seconds. This helps block snipers that jump in the moment the coin launches. Similarly, it includes Anti-MEV mechanisms from token launch to prevent sandwich extraction by these bots.

What About Heaven Solana Launchpad Fees?

We already covered creator fees, but it is worth looking at the commissions Heaven keeps. Even though 100% of this revenue is used to buy $LIGHT and is burned automatically, it is fair to say the percentage is low under certain conditions.

If you create a memecoin on Heaven and your market cap is under 100k USD, the platform takes 1% of the transaction. Once the market cap goes above 100k USD, the fee depends on the token category:

• If it is a “Community” token, the Heaven protocol sets a 0.25% fee.
• If it is a “Creator” token, Heaven keeps 0.5%.

To put that in context, I put together this comparison table with the fees charged by the main Solana launchpads so we can get a much clearer picture.

Get your token SPL 2022 and the full supply

Heaven uses the SPL 2022 standard when creating tokens, but the platform keeps the entire supply to create the liquidity pool. That limits you if you want to run a airdrop, build your own tokenomics, or use the tokens for more advanced projects.

If you want full control over the supply, I recommend using our dApp Smithii Tools, specifically the tool to create 2022 tokens on Solana. That way, you can customize the token and set it up to create your own liquidity pool.

Final thoughts on Heaven

Every day, a new protocol and launchpad for Solana shows up, especially for meme coins. Most of the time, it turns out to be a cheap copy that goes nowhere. Heaven is different. With a completely fresh, highly polished aesthetic, it adds disruptive features that point toward a new era for token launches.

Only time will tell whether the Heaven launchpad keeps pulling in more users and whether we are looking at the real Pump.fun competitor. Personally, I think it has serious potential and brings value to the whole Web3 ecosystem, as well as Solana.

Juan Manuel Sanchez

Crypto writer focused on the Web3 space. Former contributor to the Smithii editorial team.