Torix.fun Smart Contract

Program ID: torXFavtJnaJzW7fz2NVrg9f1j824GitYi69zhmJQBK

Torix.fun is a Solana-based Launch Wars protocol. Creators launch memecoins on bonding curves and compete for trading volume within timed rounds. The top-N curves by cumulative volume win SOL rewards from a round prize pool.

What is Launch Wars?

• Rounds last a fixed duration (24 hours in v1).
• Creators launch tokens via permissionless launch.
• Traders buy and sell tokens via buy_exact / sell_exact.
• Volume (buy + sell SOL) is tracked per curve.
• Winners — the top winners_per_round curves by volume_sol — receive rewards from the RoundVault when the round ends.

Core Instructions

Instruction	Caller	Description
launch	Anyone	Create a new bonding curve token
buy_exact	Anyone	Buy tokens with SOL
sell_exact	Anyone	Sell tokens for SOL
start_round	Anyone	Start a new timed round and vault
end_round	end_round_authority	Distribute vault prizes to top-volume creators
initialize_global	Program upgrade authority	Initialize GlobalConfig
update_global	protocol_authority	Update protocol parameters
start_migration	migration_authority	(v2 — not yet implemented)
migrate_liquidity	migration_authority	(v2 — not yet implemented)

Fee Model

Fees are charged only on buy_exact and sell_exact:

• fee_bps — total fee in basis points (e.g. 100 = 1%).
• round_fee_bps — portion of fee_bps that goes to the current round's RoundVault.
• The remainder (fee_bps - round_fee_bps) goes to fee_recipient as the protocol fee.

Example: fee_bps = 100, round_fee_bps = 50.

• Total fee = 1% of trade.
• Round fee = 0.5% → RoundVault.
• Protocol fee = 0.5% → fee_recipient.

Authority Model

Authority	Purpose
protocol_authority	Update GlobalConfig via update_global
end_round_authority	End rounds and distribute prizes via end_round
migration_authority	Execute migration instructions (v2)

All other instructions are permissionless.

Documentation

• ARCHITECTURE.md — State accounts, PDAs, math, and data flows
• SECURITY.md — Trust model and security considerations
• EVENTS.md — On-chain event reference
• ERRORS.md — Error code reference

Tech Stack

• Anchor 1.0.2
• Solana (BPF/SBF target)
• spl-token-2022 (Token-2022 program with metadata extensions)
• Rust 2021 edition