Things

Things is a token launch platform on Solana that rewrites three rules of the category. Only one live market is allowed per concept, so an identical deployment is blocked while a named variation is permitted, concentrating buyers and liquidity into a single book. For the first 15 minutes every buy is split into tradable and locked portions, with the locked part unlocking each second, and after 15 minutes all supply is tradable, compressing the room for instant dumps by early wallets.

Deployers pay a 0.05 SOL fee plus rent of 0.02 SOL per hour to keep claiming creator fees; stop paying and another party can take over the fee claim, turning launch-and-leave into an ongoing cost. Fees are 0.25% to the creator, 0.55% to the referral pool including a 0.05% kickback, and 0.15% into liquidity once market cap passes about $47,000. Liquidity sits in SOL-quoted vAMM pools with no migration to an external DEX after graduation, and supply caps are 5% for deployers and 5% for traders.