CARTEL
Cronos Launch, the official launchpad built by Cronos Labs, opened on September 15, 2026. We explained how it works in Cronos Launch: The Official Cronos Launchpad Explained. Two months later, the question is simpler: what has it produced?
All figures below were read on launch.cronos.com, on DexScreener and on the Cronos chain on November 14, 2026. They change every minute.
The headline numbers
- 1,459 tokens launched since September 15.
- 1,434 still on the bonding curve, meaning they never sold out.
- 25 graduated to VVS, one of them during the current week.
- About $66,700 of volume in 24 hours across the launchpad, down 38% from the previous day.
That is a graduation rate of about 1.7%. Put differently: for every 58 tokens created, one completed its curve.
On a bonding-curve launchpad, creating a token costs little, so many launches are experiments, copies of a trending name or tokens nobody buys. The lesson is simple: on Cronos Launch, a new token is far more likely to stay stuck on its curve than to reach VVS.
How graduation works, in one paragraph
Each token has a supply of 1 billion. 800 million are sold on the curve, where the price rises as people buy and falls as they sell, all in CRO. When the 800 millionth token is sold, the token "graduates": trading moves to a pool on VVS Finance. According to Cronos Launch, the pool's LP tokens are minted to the zero address, so the liquidity can never be pulled.
We checked this claim on the chain for the two largest graduates. On November 14, the zero address held 98.4% of the LP tokens of the CROCAT/CRO pool and 99.3% of the CROBINHOOD/CRO pool. The small remainder is held by the fee address of the VVS factory (0x3bc4…b115), which receives part of the trading fees in the form of LP tokens. For these two tokens, the claim holds: the launch liquidity cannot be withdrawn.
What became of the 25 graduates
Graduating is a milestone, not a guarantee. Here is where the 25 graduates stood by market cap, as shown on Cronos Launch's "Graduated" tab:
- 2 above $1 million: CROCAT ($2.63 million) and CROBINHOOD ($1.69 million).
- 7 between $100,000 and $1 million, led by Ultra Cat (about $611,000) and CROAR (about $316,000).
- 7 between $10,000 and $100,000.
- 9 below $10,000, the smallest at about $2,000.
The median graduate was worth about $31,000: half of the tokens that completed the curve are worth less than that.
Liquidity and activity
Market cap alone says little. We also looked at the pools on DexScreener:
- 18 of the 25 graduates had a VVS pool indexed on DexScreener. The other 7 did not appear, which usually means very little trading.
- Only 3 pools held more than $50,000 of liquidity on November 14: CROCAT (about $146,000), CROBINHOOD (about $115,000) and Ultra Cat (about $77,000).
- Activity is thin for most. Over 24 hours, CROBINHOOD recorded 189 trades and Ultra Cat 99, but several graduates recorded only one or two.
The leader
CROCAT is the clear leader. According to its Cronos Launch page, it launched and graduated on the same day, September 16. By November 14, it had 302 holders and about $2.77 million of all-time volume across the curve and VVS. Even so, its 24-hour volume was about $5,400, a small amount next to a $2.6 million valuation.
Patterns worth noticing
The "Ult" effect
Six of the 25 graduates use a name built on "Ult", the trading app Cronos Labs launched in September: Ultra Cat, Ulti, Ulton, ult with knife, ULTARD and Ultia. The token closest to graduation on November 14, Ultimate Kris, was also Ult-themed. A name that rides a trend says nothing about the team behind it, and none of these tokens is an official Cronos Labs token.
Repeated trades from one wallet
The live feed on the Cronos Launch home page shows every trade. On November 14, a single address (starting 0x34ba and ending 51d6) appeared again and again, buying and selling the same token in similar amounts within minutes. We cannot know why. But repeated round trips by one wallet make a token look busier than it is. Before you buy, check whether the activity comes from many wallets or from a few. On MemesOnCronos, the trades panel of each token page shows the number of distinct buyers and sellers.
What this means if you trade on Cronos Launch
- Expect most tokens to fail. About 98% have not completed their curve.
- Graduation does not protect the price. Burned liquidity means the pool cannot be pulled. It does not stop holders, including the creator, from selling.
- Look at liquidity and the number of trading wallets, not only market cap.
- Use only launch.cronos.com. According to the Cronos Labs strategy page, there is no Cronos Launch token. Anything sold as one is not official.
Graduated tokens trade on VVS like any other Cronos token, so you can check them before you buy with the free security scanner. What Is the MemesOnCronos Security Score explains what the scan looks at, and How to Spot a Rug Pull on Cronos covers the signs to check.
Sources: launch.cronos.com (home page, Graduated tab and CROCAT page), cronos.com/strategy, DexScreener and our own reading of the CROCAT/CRO and CROBINHOOD/CRO pools on Cronos EVM, all on November 14, 2026. This article is for information only. Always do your own research. Nothing on MemesOnCronos is financial advice.
