Limelight
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Fair open

A blind auction, so nobody gets sniped.

Most launches open into a race: bots buy the first block and sell it back to everyone else a few seconds later, higher. Limelight can open a token with a blind auction instead — everyone commits without seeing the book, and then one price is set for the whole room.

What it fixes

When a token opens with a visible order, the people watching hardest win and everyone else overpays. A fast bot can see the demand building, jump the line, and flip the first tokens for an instant markup. That markup comes straight out of the pockets of the people who showed up to actually hold.

A blind auction removes the thing the bot is exploiting: the ability to see and react. There is no book to read and no order to front-run.

How it works

1CommitDuring an open window you put in the SOL you want to spend. You don't see the total, and nobody sees yours. No price is shown yet.
2SettleWhen the window closes, the program spends every commit at once as a single buy into the curve — one price for all of them, set the moment the window shuts.
3TradeThe curve opens right where that buy left it, and you claim your pro-rata share of the tokens. Trading is live.
blind commits (nobody sees the book)0.8 SOL2.1 SOL0.4 SOL1.5 SOLone clearing pricefirst commit = last commit
Every blind commit resolves to one shared price — set once, on-chain, when the window closes.

One price for everyone

There is no early-bird discount and no late penalty. A commit in the first second and a commit in the last second get the exact same price, because the price isn't set until the window is already closed. Being fast, being first, or watching the mempool buys you nothing. Your share of the tokens is simply your share of the total that was committed.

Commit windowput in SOL, blindSettleone price is setTrading opensclaim your tokens
Commit early or late — same price. Timing carries no advantage.

You're never locked in

A commit isn't a trap. Any time before the auction settles you can pull your SOL back out — all of it or part of it — straight from the page. Changed your mind, or the room got bigger than you wanted? Take it back. Your capital is only committed for as long as you want it to be.

Fair for everyone, not just the fast

Buyers
  • No sniper premium — you pay what everyone pays.
  • Nothing to front-run, so bots have no edge.
  • Pull your SOL back any time before it settles.
  • No wall of tokens dumped on you the second trading opens.
Creators
  • A real opening instead of a bot feeding frenzy.
  • Price flows smoothly into the curve — no gap for snipers to farm.
  • Your community gets in at the same price you do.
Everyone
  • The clearing price is computed on-chain and anyone can check it.
  • No hidden allocation and no privileged first look.
  • The same rules apply to every wallet, no exceptions.

Even a quiet auction opens fairly

The curve always opens at a standard starting price, no matter how much the auction gathered — its health comes from that price, not from the size of the turnout. So a quiet auction is simply a small first buy on an otherwise-normal curve. Nothing is forced and no commit is wasted.

  • The token always opens at a standard starting price — a thin turnout can't leave you with a gamed, easily-sniped curve.
  • Every commit buys tokens at the same shared price — quiet or busy, big or small, you get exactly your share.
Auctions are optional. A creator can also open a token instantly on the curve with no auction at all — the blind auction is there for launches that want a clean, fair opening.
Launch with an auctionRead the docs