$10 Launch, 400 Traders

This simulation starts with a creator's $10 buy, then sends 400 trader wallets through the market. It answers the practical question: when a token runs up and holders start selling, where do spot and floor end up?

The scenario

Input	Value
Creator's initial buy	$10 gross
New trader wallets	400
Initial participant buys	400
Sellers in the exit wave	160 unique wallets
Repeat buys during the exit wave	20
Total trade events	581
Buy and sell fee	1.25%
Creator fee setting	Default 10% market-group share
Floor timing	Maximum eligible raise after each trade

The 400 initial orders get larger as momentum builds: 10–30 USDC for the first 100 buyers, 30–125 USDC for the next 200, and 80–250 USDC for the final 100. During the exit wave, 160 wallets sell 35%–100% of their holdings while 20 existing wallets place another buy.

All values use the v1 curve and high-precision Decimal math before final contract-atom rounding. The full scenario trace contains every deterministic input and output.

The result

Line chart of spot and floor across a ten dollar launch, four hundred buyer wallets, and a mixed selloff — Events 1–401 are the creator and 400 initial buyers. Events 402–581 are the mixed exit wave. Spot moves with trades; floor moves only when a separate valid raise is applied.

Checkpoint	Gross buy volume	Gross sell output	Spot	Floor	Floor / spot
Creator launches	$10	$0	$0.0004555	$0.0002557	56.1%
100 buyers	$2,020	$0	$0.0063170	$0.0028204	44.6%
250 buyers	$13,633	$0	$0.0164092	$0.0072360	44.1%
400 buyers: peak	$34,000	$0	$0.0259135	$0.0113945	44.0%
80 sellers processed	$34,780	$7,429.81	$0.0177602	$0.0115118	64.8%
160 sellers processed	$35,330	$12,427.11	$0.0115875	$0.0115333	99.5%

The token's spot rises about 57× from the post-launch quote to the peak. The exit wave then removes most of that premium. Spot finishes only 0.5% above the floor.

The floor behaves differently. It reaches 0.0113945 USDC/token during the buying wave and never follows spot downward. During the exit wave, sell fees add surplus and 20 repeat buys add curve area. Later valid raises move the floor slightly higher to 0.0115333 USDC/token even while spot falls.

Net flow explains the buying wave

“Net curve flow” adds the fee-exclusive part of buys and subtracts gross curve sell output. It peaks at 33,575 USDC and ends at 22,461.27 USDC.

Line chart showing net curve flow growing during four hundred buys and declining through a mixed exit wave — After floor raises and curve contraction, historical net flow needs the current floor and ramp geometry to explain the executable price.

During the uninterrupted buying phase, spot follows the launch identity:

P^2=F_0^2+2m_2R

Here $R$ is fee-exclusive curve inflow. Once sellers arrive, price follows the current piecewise curve. Floor raises and contraction have changed that curve, so two markets with the same net flow can have different floor/ramp geometry.

What the floor changes about a selloff

Buying causes the vertical movement in spot. A floor raise leaves that live quote in place, makes the sell-side ramp steeper, and raises the price where the curve becomes flat.

Comparison of selloff price paths with the raised SV3 floor and with no floor raises — Counterfactual from the simulation peak. Both curves begin at the same $0.0259135 spot. Without prior floor raises, a full contraction returns to the $0.0001 launch floor. The raised curve reaches the $0.0113945 floor much sooner.

This produces three distinct parts of SV3 price action:

Net buys create the run. USDC enters, supply expands, and the marginal spot rises.
Floor raises convert reserve geometry into a higher minimum. Spot is unchanged at the moment of the raise, while the sell-side ramp becomes steeper.
Net sells move through that ramp and erase the premium. Once spot reaches floor, additional floor-priced exits reduce supply and reserve together without printing a lower canonical price.

Scope of the simulation

The trace shows deterministic protocol behavior for one order sequence. Demand, timing, wallet behavior, MEV, gas, and external DEX prices sit outside the model. Different order sizes and sell timing produce a different spot path.

The maximum-raise assumption shows the highest floor path available when a caller submits every eligible transaction. Delayed calls leave spot unchanged but postpone floor growth. Above $100,000 of net-inflow high-water, v1 cooldown bands also delay consecutive raises.

For the equations behind every line, continue to Curve & Floor Math.