Documentation

How anonpad works

Everything about launching here: what the launch transaction does, what a Ring hides and what it shows, where fees go, and the risks worth knowing first.

Privacy Rings: alpha8 sections
01Start here

Overview

anonpad is a Solana token launchpad. Every coin it launches is enrolled in Solana Privacy Rings in the same transaction that mints it, so private transfers are available from the coin's very first block.

What anonpad is

Under the hood each launch is a normal pump.fun coin. It sits on a bonding curve where price rises as supply is bought, and it migrates to the pump AMM once the curve is full. Anything that trades pump.fun coins can trade it.

What's different

The launch adds one instruction: it registers the new mint with the Privacy Rings program. Without that step, a coin can't be held in a Ring balance. With it, any holder can shield their tokens whenever they like.

What it doesn't do

  • It doesn't hide who bought at launch. Curve trades are ordinary public transactions.
  • It doesn't custody anything. Your wallet signs; the server never holds your keys or funds.
  • It doesn't move anyone's tokens into a Ring. Shielding is always the holder's choice.
02

Privacy Rings, briefly

Privacy Rings are a zero-knowledge privacy layer for Solana built by Helius, live on mainnet in alpha. A Ring holds token balances whose amounts are encrypted, and lets owners move value between those balances without revealing how much.

Ring balances

A Ring balance is an encrypted account tied to a wallet. Observers can see that the balance exists, but not how much of which coin is inside it.

Deposit, send, withdraw

  • Deposit moves tokens from a wallet into its Ring balance. This step is public.
  • Send moves value between Ring balances. The coin and amount are encrypted.
  • Withdraw moves tokens back out to a wallet. The recipient and amount become public again.

Alpha status

The Rings program is new and upgradeable. Behaviour can change, and early software carries more risk. Read the Helius documentation for the authoritative details.

03

Public vs. encrypted

The short version: getting into a Ring and getting out of one are public. What happens in between is not.

Step by step

ActionWho can see whatStatus
Mint the coinEverything: creator, mint, curvePublic
Enroll in the RingThat the mint is registeredPublic
DepositWallet, coin and amountPublic
Ring-to-Ring sendSender and recipient onlyEncrypted
WithdrawRecipient wallet and amountPublic

Common mix-ups

  • "Ring coins are anonymous." No: wallets are always visible. Only amounts and assets in Ring sends are hidden.
  • "Shielded tokens can't be sold." No: withdraw any time, then sell as usual.
  • "The total in the Ring is secret." No: the vault total is public. Individual balances aren't.
04

The launch transaction

One transaction, one signature

By default your wallet approves a single transaction that creates the pump.fun coin and registers the mint with Privacy Rings. Either both happen or neither does.

Dev buys

Coins here trade against hSOL, so there is no buy at creation. If you want a position, buy on pump.fun right after launch like anyone else.

If something fails

A failed single-transaction launch changes nothing and only costs the network fee. In the two-transaction flow, if enrollment fails after minting, the coin page shows the Ring as pending and enrollment can be retried.

05

Launching, step by step

Before you start

  • A Solana wallet such as Phantom, Solflare or Backpack.
  • A little SOL for fees and rent (around 0.03 SOL is comfortable).
  • A square image up to 5 MB, a name and a ticker.

The form

Name and ticker are required; the description and X link are optional. The website field is fixed to the coin's page on anonpad.lol, filled in once the mint address exists.

After you sign

Once the transaction confirms, the coin appears on Explore and gets its own page with a live chart, trades and Ring details.

06

Fees

Creator fee

Coins here trade against hSOL, which lets each coin carry its own 1% creator fee, fixed at mint and paid to the coin's creator. pump.fun also charges its own protocol fee, as on any pump.fun coin.

What a launch costs

  • Network fees: a fraction of a cent.
  • Account rent for the mint and curve, set by pump.fun.
  • About 0.0024 SOL of rent for the Ring registration.
  • Your optional initial buy, if you add one.
07

Risks

Read before launching

  • Privacy Rings are alpha software running on an upgradeable program.
  • Deposits and withdrawals are public; plan around that if privacy matters to you.
  • A Ring is not a lock. Holders can exit at any time.
  • Memecoins are highly speculative. Most go to zero. Nothing here is financial advice.
08

Reference

Programs and constants

  • Privacy Rings program: ring1GaLCuJnkUMVkX2JeZLTTX17wKsV4fZmPVzXANW
  • Token supply per coin: 1,000,000,000
  • Quote asset: hSOL (he1iusmfkpAdwvxLNGV8Y1iSbj4rUy6yMhEA3fotn9A)
  • Creator fee: 1%
  • Ring registration rent: ~0.0024 SOL