> For the complete documentation index, see [llms.txt](https://pumpkindotfun.gitbook.io/pumpkin-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pumpkindotfun.gitbook.io/pumpkin-docs/features/bonding-curve.md).

# Bonding Curve

All Pumpkin Milestone tokens utilize a small bonding curve followed by automatic liquidity migration and seeding on Raydium CLMM.

#### Bonding Curve

\- Tokens sold: 42,345,129.8

\- SOL raised: 1.4999 SOL

Once the bonding curve is fully completed, the token automatically transitions to Raydium CLMM liquidity.

#### Raydium CLMM Liquidity Seeding

After completion of the bonding curve:

\- Tokens seeded into LP: 861,154,870.153623

\- SOL seeded into LP: 1.077708558 SOL

#### SOL Allocation Breakdown

The total 1.4999 SOL raised from the bonding curve is allocated as follows:

\- 1.077708558 SOL — Seeded into the Raydium CLMM liquidity pool

\- 0.2588524 SOL — Raydium CLMM fees

    \- LP creation

    \- Initial liquidity add

    \- Liquidity lock

\- 0.0960963 SOL — Seeding the first Milestone position

\- \~0.0673 SOL — Network gas and transaction fees.

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