MeteoraAg · dannweeeee · Oct 27, 2025 · Oct 27, 2025 · Oct 27, 2025 · Oct 27, 2025
diff --git a/developer-guide/guides/presale-vault/overview.mdx b/developer-guide/guides/presale-vault/overview.mdx
@@ -0,0 +1,59 @@
+---
+title: Overview
+---
+
+<Warning>This program is still in beta and is subject to breaking changes.</Warning>
+
+Before getting started building on Presale Vault, you should read the following resource to get a better understanding of how Meteora's Presale Vault works:
+
+<CardGroup cols={2}>
+  <Card title="What's Presale Vault?" icon="question" iconType="solid" href="/overview/other-products/presale-vault/what-is-presale-vault">
+    Presale Vault allows users to contribute using any SPL token and later claim their allocated presale tokens once the presale concludes.
+  </Card>
+</CardGroup>
+
+---
+
+# Presale Vault Program
+
+At Meteora, we’ve developed a `Node.js <> Typescript SDK` to make deploying and managing your Presale Vault easier. The following sections includes information on installing and using the SDK. It also covers where to find the latest code, and how to contribute to these repositories.
+
+## Program Details
+
+<CardGroup cols={2}>
+  <Card title="Presale Vault Program" icon="rust" iconType="solid" href="https://github.com/MeteoraAg/presale">
+    Meteora Presale Vault Program
+  </Card>
+  <Card title="Presale Vault IDL" icon="code" iconType="solid" href="https://github.com/MeteoraAg/presale-sdk/blob/main/src/idl/presale.json">
+    Meteora Presale Vault Program IDL
+  </Card>
+</CardGroup>
+
+<div className="overflow-x-auto">
+  <table className="w-full border-collapse">
+    <thead>
+      <tr className="border-b border-gray-300 dark:border-gray-600">
+        <th className="text-left py-3 px-4 font-semibold text-gray-900 dark:text-gray-100">Network</th>
+        <th className="text-left py-3 px-4 font-semibold text-gray-900 dark:text-gray-100">Program ID</th>
+      </tr>
+    </thead>
+    <tbody>
+      <tr className="border-b border-gray-200 dark:border-gray-700 hover:bg-gray-50 dark:hover:bg-gray-800">
+        <td className="py-3 px-4"><strong className="text-gray-900 dark:text-gray-100">Mainnet</strong></td>
+        <td className="py-3 px-4"><code className="bg-gray-100 dark:bg-gray-800 px-2 py-1 rounded text-sm font-mono">presSVxnf9UU8jMxhgSMqaRwNiT36qeBdNeTRKjTdbj</code></td>
+      </tr>
+      <tr className="border-b border-gray-200 dark:border-gray-700 hover:bg-gray-50 dark:hover:bg-gray-800">
+        <td className="py-3 px-4"><strong className="text-gray-900 dark:text-gray-100">Devnet</strong></td>
+        <td className="py-3 px-4"><code className="bg-gray-100 dark:bg-gray-800 px-2 py-1 rounded text-sm font-mono">presSVxnf9UU8jMxhgSMqaRwNiT36qeBdNeTRKjTdbj</code></td>
+      </tr>
+    </tbody>
+  </table>
+</div>
+
+## Official SDKs
+
+<CardGroup cols={2}>
+  <Card title="Typescript SDK" icon="node-js" iconType="solid" href="/developer-guide/guides/presale-vault/typescript-sdk/getting-started">
+    Official Meteora Presale Vault Typescript SDK
+  </Card>
+</CardGroup>
diff --git a/developer-guide/guides/presale-vault/typescript-sdk/getting-started.mdx b/developer-guide/guides/presale-vault/typescript-sdk/getting-started.mdx
@@ -0,0 +1,92 @@
+---
+title: Getting Started
+description: Presale Vault
+---
+
+This guide provides instructions on how to get started with building on Meteora's Presale Vault program using the Presale Vault TypeScript SDK.
+
+Before you begin, here are some important resources:
+
+<CardGroup cols={2}>
+  <Card title="Typescript SDK" icon="node-js" iconType="solid" href="https://github.com/MeteoraAg/presale-sdk">
+    Meteora Presale Vault Typescript SDK
+  </Card>
+  <Card title="Presale Vault NPM Package" icon="npm" iconType="solid" href="https://www.npmjs.com/package/@meteora-ag/presale">
+    Meteora Presale Vault NPM Package
+  </Card>
+    <Card title="Presale Vault Examples" icon="code" iconType="solid" href="https://github.com/MeteoraAg/presale-sdk/tree/main/examples">
+    Meteora Presale Vault Examples
+  </Card>
+</CardGroup>
+
+# Installation
+
+To use the SDK in your project, install it using your preferred package manager:
+
+<Tabs>
+  <Tab title="npm">
+    ```bash
+    npm install @meteora-ag/presale @solana/web3.js
+    ```
+  </Tab>
+  <Tab title="pnpm">
+    ```bash
+    pnpm install @meteora-ag/presale @solana/web3.js
+    ```
+  </Tab>
+  <Tab title="yarn">
+    ```bash
+    yarn add @meteora-ag/presale @solana/web3.js
+    ```
+  </Tab>
+</Tabs>
+
+# Initialization
+
+Once installed, you can initialize the SDK in your TypeScript/JavaScript project like this:
+
+```typescript
+import { Connection } from "@solana/web3.js";
+import Presale, { PRESALE_PROGRAM_ID, derivePresale } from "@meteora-ag/presale";
+
+// Initialize a connection to the Solana network (e.g., Mainnet)
+const connection = new Connection("https://api.mainnet-beta.solana.com");
+
+const baseKeypair = Keypair.generate();
+
+  const presaleAddress = derivePresale(
+    new PublicKey("YOUR_BASE_MINT"),
+    new PublicKey("YOUR_QUOTE_MINT"),
+    baseKeypair.publicKey,
+    PRESALE_PROGRAM_ID
+  );
+
+// Create a new instance of the CpAmm SDK
+  const presaleInstance = await Presale.create(
+    connection,
+    presaleAddress,
+    PRESALE_PROGRAM_ID
+  );
+```
+
+# Testing the SDK (for contributors)
+
+If you have cloned the SDK repository and want to run the built-in tests:
+
+```bash
+# Install dependencies
+pnpm install
+
+# Run tests
+pnpm test
+```
+
+# Development Resources
+
+## Faucets
+
+<CardGroup cols={1}>
+  <Card title="Devnet Faucet" icon="faucet" href="https://faucet.raccoons.dev/">
+    <p>When working on devnet, you might need test tokens. Here is a helpful faucet.</p>
+  </Card>
+</CardGroup>
diff --git a/developer-guide/home.mdx b/developer-guide/home.mdx
@@ -1,11 +1,11 @@
 ---
 title: Overview
 description: Everything you need to know to get started building on Meteora
 ---

 # Programs

 We write innovative programs that power the future of DeFi. With novel products like DLMM, DAMM v1 & v2, DBC and more, we are pushing the boundaries of what is possible on Solana.

 ## Active Programs

@@ -38,6 +38,11 @@
           <td className="py-3 px-4"><code className="bg-gray-100 dark:bg-gray-800 px-2 py-1 rounded text-sm font-mono">dbcij3LWUppWqq96dh6gJWwBifmcGfLSB5D4DuSMaqN</code></td>
           <td className="py-3 px-4 text-center">✅</td>
         </tr>
+        <tr className="hover:bg-gray-50 dark:hover:bg-gray-800">
+          <td className="py-3 px-4"><strong className="text-gray-900 dark:text-gray-100">Presale Vault [Beta]</strong></td>
+          <td className="py-3 px-4"><code className="bg-gray-100 dark:bg-gray-800 px-2 py-1 rounded text-sm font-mono">presSVxnf9UU8jMxhgSMqaRwNiT36qeBdNeTRKjTdbj</code></td>
+          <td className="py-3 px-4 text-center">✅</td>
+        </tr>
         <tr className="border-b border-gray-200 dark:border-gray-700 hover:bg-gray-50 dark:hover:bg-gray-800">
           <td className="py-3 px-4"><strong className="text-gray-900 dark:text-gray-100">Alpha Vault</strong></td>
           <td className="py-3 px-4"><code className="bg-gray-100 dark:bg-gray-800 px-2 py-1 rounded text-sm font-mono">vaU6kP7iNEGkbmPkLmZfGwiGxd4Mob24QQCie5R9kd2</code></td>
@@ -105,9 +110,9 @@
 </div>


 # Devnet

 Our programs are deployed on devnet as well at https://devnet.meteora.ag.

 <Frame>
  <img src="/images/developer-guide/devnet-meteora.webp" />
@@ -115,26 +120,26 @@

 # Quick Launch

 Quick Launch abstracts the need for understanding Meteora integration complexities by providing an all-in-one interface that any developer can use to create, enter commands and deploy liquidity pools on Solana.

 <CardGroup cols={2}>
  <Card title="DLMM" icon="meteor" iconType="solid" href="/developer-guide/quick-launch/dlmm-launch-pool">
    Configure and launch a concentrated liquidity DLMM pool with or without Alpha Vault on Meteora in just a few quick and easy steps.
  </Card>
  <Card title="DAMM v2" icon="comet" iconType="solid" href="/developer-guide/quick-launch/damm-v2-launch-pool">
    Configure and launch a balanced or one-sided DAMM v2 pool with or without Alpha Vault on Meteora in just a few quick and easy steps.
  </Card>
  <Card title="DAMM v1" icon="star-shooting" iconType="solid" href="/developer-guide/quick-launch/damm-v1-launch-pool">
    Configure and launch a freshly minted DAMM v1 pool with or without Alpha Vault on Meteora in just a few quick and easy steps.
  </Card>
  <Card title="Dynamic Bonding Curve" icon="rocket-launch" iconType="solid" href="/developer-guide/quick-launch/dbc-token-launch-pool">
    Configure and launch an entirely new dynamic bonding curve pool on Meteora in just a few quick and easy steps.
  </Card>
 </CardGroup>

 # Invent with Metsumi

 [Meteora Invent](/developer-guide/invent/actions) is a playground for developers to quickly test and experiment with Meteora's programs. Metsumi is your personal launch assistant engineered to help you launch anything and do any action in just a few configurations and CLI commands.

 <Frame>
  <img src="/images/metsumi/metsumi-1.webp" />
@@ -147,7 +152,7 @@
    DLMM (Dynamic Liquidity Market Maker) implements a bin-based liquidity distribution model with algorithmic fee adjustment mechanisms based on market volatility metrics. Liquidity providers can deploy capital across discrete price bins with configurable spreads, enabling concentrated liquidity positioning with real-time fee optimization through volatility-sensitive pricing algorithms.
  </Card>
  <Card title="DAMM v2" icon="calculator-simple" iconType="solid" href="/developer-guide/guides/damm-v2/overview">
    DAMM v2 (Dynamic Automatic Market Maker v2) implements a constant-product invariant (x*y=k) with enhanced features including SPL/Token-2022 compatibility, optional concentrated liquidity ranges, position NFTs, algorithmic onchain fee scheduling, programmable fee distribution mechanisms, and native yield farming integration.
  </Card>
  <Card title="DAMM v1" icon="infinity" iconType="solid" href="/developer-guide/guides/damm-v1/overview">
    DAMM v1 (Dynamic Automatic Market Maker v1) utilizes a constant-product formula with infinite price range support (0 < P < ∞) and integrated yield aggregation through external lending protocol interfaces. The architecture enables composite yield generation via swap fee accrual and external DeFi protocol interaction, with automated capital efficiency optimization.
@@ -155,19 +160,22 @@
   <Card title="Dynamic Bonding Curve" icon="chart-simple" iconType="solid" href="/developer-guide/guides/dbc/overview">
     Dynamic Bonding Curve (DBC) implements customizable mathematical pricing functions with configurable curve parameters for token launch mechanisms. The protocol supports arbitrary curve geometries with programmable price discovery algorithms, featuring virtual AMM states that migrate to dynamic AMM pools upon reaching predetermined liquidity thresholds through automated graduation logic.
   </Card>
+  <Card title="Presale Vault [Beta]" icon="gavel" iconType="solid" href="/developer-guide/guides/presale-vault/overview">
+    Presale Vault allows users to contribute using any SPL token and later claim their allocated presale tokens once the presale concludes. Presale vault creators can choose to create a presale vault with a fixed price, FCFS or Prorata mode, and a whitelist of addresses. Creators can also classify different tiers of participants with different token allocations, minimum and maximum deposit amounts, and deposit fees.
+  </Card>
   <Card title="Dynamic Vault" icon="vault" iconType="solid" href="/developer-guide/guides/dynamic-vault/overview">
     Dynamic Vaults implement algorithmic yield optimization through multi-protocol asset allocation strategies, utilizing the Hermes yield aggregation engine for automated capital deployment across lending markets. The system employs mathematical optimization algorithms to maximize risk-adjusted returns for DAMM v1 and memecoin pool liquidity providers through dynamic rebalancing mechanisms.
   </Card>
    <Card title="Alpha Vault" icon="box" iconType="solid" href="/developer-guide/guides/alpha-vault/overview">
    Alpha Vault implements a complementary anti-bot mechanism for token launches, providing early access for genuine supporters to deposit and purchase tokens before public trading begins. The system features configurable parameters including deposit caps, lock-up periods, and vesting schedules, with support for both pro-rata and FCFS distribution modes across DLMM, DAMM v1, and DAMM v2 launch pools.
  </Card>
  <Card title="Stake2Earn" icon="steak" iconType="solid" href="/developer-guide/guides/stake2earn/overview">
    Stake2Earn is a mechanism where top memecoin stakers compete to earn fee rewards from permanently-locked liquidity in the memecoin pool, transforming memecoins from a race to dump to a race to stake.
  </Card>
  <Card title="Dynamic Fee Sharing" icon="money-bill-wave" iconType="solid" href="/developer-guide/guides/dynamic-fee-sharing/overview">
      Dynamic Fee Sharing is a helper program that allows for the creation of fee vaults where collected fees can be automatically distributed among multiple recipients based on predetermined share allocations. 
  </Card>
  <Card title="Zap" icon="bolt-lightning" iconType="solid" href="/developer-guide/guides/zap/overview">
      Zap is a wrapper program that provides utility functions that allow users to zap in/out from any AMMs or Jupiter. For example, a user can claim both token fee rewards and immediately swap any of the token through DAMM v2, DLMM or Jupiter to receive the other token.
  </Card>
 </CardGroup>
diff --git a/docs.json b/docs.json
@@ -133,6 +133,12 @@
             "group": "Other Products",
             "pages": [
               "overview/other-products/Alpha-Vault",
+              {
+                "group": "Presale Vault",
+                "pages": [
+                  "overview/other-products/presale-vault/what-is-presale-vault"
+                ]
+              },
               {
                 "group": "Stake2Earn",
                 "pages": [
@@ -379,6 +385,18 @@
                   }
                 ]
               },
+              {
+                "group": "Presale Vault",
+                "pages": [
+                  "developer-guide/guides/presale-vault/overview",
+                  {
+                    "group": "Typescript SDK",
+                    "pages": [
+                      "developer-guide/guides/presale-vault/typescript-sdk/getting-started"
+                    ]
+                  }
+                ]
+              },
               {
                 "group": "Alpha Vault",
                 "pages": [
@@ -602,6 +620,7 @@
               "resources/audits/damm-v1",
               "resources/audits/damm-v2",
               "resources/audits/dbc",
+              "resources/audits/presale-vault",
               "resources/audits/alpha-vault",
               "resources/audits/dynamic-vault",
               "resources/audits/stake2earn",

diff --git a/index.mdx b/index.mdx
@@ -1,6 +1,6 @@
 ---
 mode: "custom"
 title: "Build with Meteora"
 ---

 <div className="relative min-h-screen text-[#181D27] dark:text-[#F9F9FB]">
@@ -14,7 +14,7 @@
    <div className="hidden lg:block absolute left-[25%] top-[70%] w-20 h-20 rounded-xl overflow-hidden">
      <img 
        src="/images/logo/lparmy-icon.jpg" 
        alt="Metsumi" 
        className="w-full h-full object-cover"
      />
    </div>
@@ -56,7 +56,7 @@

  <div className="max-w-6xl mx-auto pt-[110px] md:pt-[140px] pb-[30px] md:pb-[40px] px-4">
    <div className="flex justify-center text-2xl sm:text-3xl md:text-4xl font-bold leading-tight md:leading-10 pb-[10px]">Product Suite</div>
    <div className="flex justify-center text-[#535862] dark:text-[#A6A09E] text-base sm:text-lg font-normal leading-6 sm:leading-7 pb-[40px] sm:pb-[56px] text-center">Develop with Meteora's comprehensive tech stack</div>

    <CardGroup cols={2}>
      <Card title="Core Products" icon="diamonds-4">
@@ -72,6 +72,7 @@
       <Card title="Other Products" icon="ethernet">
         At Meteora, we push the boundaries of what is possible in DeFi through wrapper and helper programs on top of our core products.
         <Columns cols={2}>
+          <Card title="Presale Vault" href="/overview/other-products/presale-vault/what-is-presale-vault" icon="gavel" horizontal/>
           <Card title="Alpha Vault" href="/anti-sniper-suite/alpha-vault/what-is-alpha-vault" icon="building-columns" horizontal/>
           <Card title="Stake2Earn" href="/overview/other-products/stake2earn/what-is-stake2earn" icon="piggy-bank" horizontal/>
           <Card title="Dynamic Vault" href="/overview/other-products/dynamic-vault/what-is-dynamic-vault" icon="vault" horizontal/>
@@ -111,7 +112,7 @@

  <div className="max-w-6xl mx-auto pt-[20px] md:pt-[30px] pb-[30px] md:pb-[40px] px-4">
    <div className="flex justify-center text-2xl sm:text-3xl md:text-4xl font-bold leading-tight md:leading-10 pb-[10px]">Anti Sniper Suite</div>
    <div className="flex justify-center text-[#535862] dark:text-[#A6A09E] text-base sm:text-lg font-normal leading-6 sm:leading-7 pb-[40px] sm:pb-[56px] text-center">Sniping tokens is a feature. Choose to turn it on or off with Meteora's Anti Sniper Suite.</div>

    <CardGroup cols={3}>
      <Card title="Fee Scheduler" icon="chart-line-down" href="/anti-sniper-suite/fee-scheduler/what-is-fee-scheduler">
@@ -134,7 +135,7 @@

  <div className="max-w-6xl mx-auto pt-[20px] md:pt-[30px] pb-[30px] md:pb-[40px] px-4">
    <div className="flex justify-center text-2xl sm:text-3xl md:text-4xl font-bold leading-tight md:leading-10 pb-[10px]">User Guide</div>
    <div className="flex justify-center text-[#535862] dark:text-[#A6A09E] text-base sm:text-lg font-normal leading-6 sm:leading-7 pb-[40px] sm:pb-[56px] text-center">Sniping tokens is a feature. Choose to turn it on or off with Meteora's Anti Sniper Suite.</div>

    <CardGroup cols={2}>
      <Card title="Usage" icon="user-bounty-hunter" href="/user-guide/usage/getting-started">
@@ -153,7 +154,7 @@

  <div className="max-w-6xl mx-auto pt-[20px] md:pt-[30px] pb-[30px] md:pb-[40px] px-4">
    <div className="flex justify-center text-2xl sm:text-3xl md:text-4xl font-bold leading-tight md:leading-10 pb-[10px]">Trading Terminals</div>
    <div className="flex justify-center text-[#535862] dark:text-[#A6A09E] text-base sm:text-lg font-normal leading-6 sm:leading-7 pb-[40px] sm:pb-[56px] text-center">All tokens launched via Meteora's pools programs are immediately tradeable across all major trading terminals.</div>

    <div className="grid grid-cols-3 sm:grid-cols-4 md:grid-cols-6 lg:grid-cols-8 xl:grid-cols-11 gap-4 justify-items-center">
      {[
@@ -218,7 +219,7 @@

  <div className="max-w-6xl mx-auto pt-[20px] md:pt-[30px] pb-[90px] md:pb-[100px] px-4">
    <div className="flex justify-center text-2xl sm:text-3xl md:text-4xl font-bold leading-tight md:leading-10 pb-[10px]">Join the LP Army</div>
    <div className="flex justify-center text-[#535862] dark:text-[#A6A09E] text-base sm:text-lg font-normal leading-6 sm:leading-7 pb-[40px] sm:pb-[56px] text-center">The LP Army is a movement and community of the best liquidity providers in crypto.</div>

    <CardGroup cols={2}>
      <Card title="Learn More" icon="helmet-battle" href="https://lparmy.com">

diff --git a/overview/home.mdx b/overview/home.mdx
@@ -8,23 +8,23 @@
  <img src="/images/overview/meteoraic-banner-1.png" />
 </Frame>

 Our mission at Meteora is to build the most dynamic liquidity pools for **liquidity providers**, **launchpads**, and **token launches**.

 We build **the best liquidity pools** for:

 <CardGroup cols={2}>
  <Card title="Liquidity Providers" icon="users" iconType="solid" href="https://lparmy.com">
    Join the LP Army and earn the best fees and yield on your capital with Meteora's innovative liquidity solutions.
  </Card>
  <Card title="Launchpads" icon="rocket" iconType="solid" href="https://launch.meteora.ag/">
    Launch your project with confidence using Meteora's comprehensive launchpad infrastructure and tools.
  </Card>
  <Card title="Launches" icon="star" iconType="solid" href="https://app.meteora.ag/">
    Discover and participate in exciting new token launches on Meteora.
  </Card>
 </CardGroup>

 By using Meteora's DAMM v1/v2, DLMM, and DBC Pools, liquidity providers can earn the best fees and yield on their capital, driving sustainable, long-term liquidity to the platform.

 Follow our [developer updates on Telegram](https://t.me/meteora_dev)\!

@@ -34,20 +34,20 @@

 <CardGroup cols={2}>
  <Card title="DLMM" icon="arrows-to-circle" iconType="solid" href="/overview/products/dlmm/what-is-dlmm">
    DLMM (Dynamic Liquidity Market Maker) gives LPs access to dynamic fees to capitalize on volatility, and precise liquidity concentration all in real-time, with the flexibility to select their preferred volatility strategy.
  </Card>
  <Card title="DAMM v2" icon="calculator-simple" iconType="solid" href="/overview/products/damm-v2/what-is-damm-v2">
    DAMM v2 (Dynamic Automated Market Maker v2) is a constant-product AMM, with features that optimize transaction fees and provide greater flexibility for liquidity providing such as optional concentrated liquidity and usage of position NFTs. DAMM v2 is a new program, and not an upgrade of the Dynamic AMM v1 program.
  </Card>
  <Card title="DAMM v1" icon="infinity" iconType="solid" href="/overview/products/damm-v1/what-is-damm-v1">
    DAMM v1 (Dynamic Automated Market Maker v1) is a constant-product AMM that supports token prices from 0 to infinity. LPs can earn additional yield by utilizing lending sources alongside traditional swap fees, enhancing their returns.
  </Card>
  <Card title="Dynamic Bonding Curve" icon="chart-simple" iconType="solid" href="/overview/products/dbc/what-is-dbc">
    Dynamic Bonding Curve (DBC) is a fully customisable pricing curve that allows you to create and launch tokens with unique price dynamics. Tokens trade in a virtual bonding curve and graduate to a Meteora DAMM v1 or v2 pool when they hit the minimum quote threshold.
  </Card>
 </CardGroup>

 By implementing these liquidity solutions, Meteora aims to foster a thriving ecosystem on Solana and establish Solana as the ultimate trading hub in DeFi.

 ## Other products

@@ -55,27 +55,30 @@
   <Card title="Alpha Vault" icon="building-columns" iconType="solid" href="/anti-sniper-suite/alpha-vault/what-is-alpha-vault">
     Alpha Vaults are complimentary anti-bot mechanisms used together with a Launch Pool to deposit and purchase tokens before the pool starts trading.
   </Card>
+  <Card title="Presale Vault [Beta]" icon="gavel" iconType="solid" href="/overview/other-products/presale-vault/what-is-presale-vault">
+    Presale Vault allows users to contribute using any SPL token and later claim their allocated presale tokens once the presale concludes. 
+  </Card>
   <Card title="Stake2Earn" icon="piggy-bank" iconType="solid" href="/overview/other-products/stake2earn/what-is-stake2earn">
     Stake2Earn Vaults allows you to fee share trading fees generated from DAMM v1/v2 pools with top token stakers.
   </Card>
  <Card title="Dynamic Vault" icon="vault" iconType="solid" href="/overview/other-products/dynamic-vault/what-is-dynamic-vault">
    Dynamic Vaults optimize capital utilization by dynamically distributing assets to lending pools, generating yields for liquidity providers (LPs) on DAMM v1 and Memecoin Pools.
  </Card>
  <Card title="Dynamic Fee Sharing" icon="share-nodes" iconType="solid" href="/overview/other-products/dynamic-fee-sharing/what-is-dynamic-fee-sharing">
    Dynamic Fee Sharing is a program that allows you to dynamically configure sharing of fees to a handful of users. 
  </Card>
  <Card title="Zap" icon="bolt-lightning" iconType="solid" href="/overview/other-products/zap/what-is-zap">
    Zap is a wrapper program that provides utility functions that allow users to zap in/out from any AMMs or Jupiter.
  </Card>
 </CardGroup>

 ## Why Liquidity and Liquidity Providers on Solana are Important

 ### **Liquidity Pools: The Foundation of DeFi**

 Liquidity pools are the backbone of decentralized finance. No matter what you're building—whether it's a new token, a DApp, or a DeFi service—it all starts with liquidity. For example, if you're launching a new token, you begin with nothing. You need to create a liquidity pool to enable swaps between your token and others.

 Moreover, deep liquidity for key tokens like SOL enables smooth liquidation and minimizes bad debt risks within the ecosystem. And deep liquidity for wrapped tokens (e.g., BTC, ETH) on Solana allows users to bridge assets across chains, attracting more users from other blockchain networks.

 Most users tend to focus only on the DeFi app experience, overlooking the liquidity that powers it. It's important to remember that behind every trade is a liquidity pool making it possible.

@@ -84,28 +87,28 @@
 There are countless approaches to being a liquidity provider (LP). You can LP for:

 - New token launches
 - Memecoins or non-hyped assets
 - Market-making strategies
 - Major DeFi protocols or smaller experiments

 Being an LP isn't one-size-fits-all—it’s a spectrum with endless possibilities.

 ### **A Diverse Range of LPs**

 Being an LP can mean very different things depending on who you are and what your goals are. Liquidity provision comes from a wide array of contributors, such as:

 - Professional Market Makers
 - Developers who integrate liquidity pools into DApps
 - Creators who launch and bootstrap liquidity for new tokens
 - Launchpads that help migrate and establish liquidity for new projects
 - Everyday DeFi users who provide liquidity directly to earn yield or support projects they believe in

 ### **Liquidity Is the Fuel for Crypto’s Future**

 As DeFi continues to evolve, liquidity will become even more critical. The future of crypto doesn’t revolve around centralized exchanges—it lies in decentralized systems. We're heading toward a world where millions of people are launching billions of new tokens.

 **Liquidity Pools** will be central to that future. We’ll need new mechanisms for **creating, launching, distributing**, and **maintaining** these tokens—and all of them will depend on liquidity pools. For example

 **Liquidity Providers (LPs)** will be the people driving this ecosystem. They’re the ones who create, fund, and maintain the markets that make DeFi possible.

 **Launchpads** will play a vital role in this shift, offering platforms for new tokens to be created and launched. The launchpad ecosystem is just getting started—what we have today is only the beginning.