The station is waiting
High water mark not set
Highwater
Every coin carries a high water mark. Fees pile up through the drawdown and pay holders only at a new high.
Gauge
No coin on the station yet
Pot held for holders
0.0000 SOL
Water to the mark
not yet
Launch a coin
One transaction from your own wallet. It creates the coin on pump.fun and locks its creator fee to this station in the same signature. Nobody can change the routing afterwards, not you and not us.
Marks
Every coin on the station, its mark, the pot waiting under it and how far the water has to rise.
No coin has been launched on Highwater yet. The board fills itself from the chain.
Yours
Your weight in a round is the smallest balance you held at any point during it. Hold through the drawdown and you are paid in full. Buy a block before the high and you are paid nothing.
Rounds you can claim will be listed here once the station is open.
Manual
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01
A coin is launched with a mark
The launch is one ordinary pump.fun transaction signed by your own wallet. In the same signature the coin's creator fee is pointed at this station and the admin over that routing is revoked. The coin's first market cap becomes its high water mark.
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02
Fees fill a pot under the mark
Every creator fee the coin earns is swept and split: 80% into that coin's own pot, 20% into the station treasury, which buys $HIGH on the market and burns it. While the price sits under the mark, nothing is paid out. The pot just grows, and it grows fastest in a drawdown, because that is when people trade.
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03
A new high empties the pot
Anyone can call the settle instruction. The program reads the price itself, off the bonding curve before the coin graduates and off the PumpSwap pool after, so nobody hands it a number. If the market cap is at or below the mark the instruction fails. Above it, the pot is frozen into a round, the mark rises to the new high and the round opens for claims.
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04
You are paid on what you kept
Your weight in a round is the smallest balance you held at any point during that round, not your balance at the instant of the high. A wallet that bought one block before the high has a minimum of zero across the round and earns nothing. A wallet that sat through the whole drawdown is paid in full. The floor to be included is 0.05% of supply; below it the dust rolls into the next pot.
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05
Claim it in SOL
Payouts are claimed, never pushed: a pushed token airdrop would cost every holder rent. The keeper publishes the round's merkle root on chain, you claim your share in SOL with a proof, once per round. A round stays claimable while two further rounds settle, then whatever is left rolls into the live pot.
The mark can only rise
That is the one rule the program will not bend. There is no instruction that lowers a mark, no admin key that edits one, and no path by which the keeper can pay a round the chain did not justify. The price is read from the coin's own account, the weights are a published merkle root, and every payout is a signature you can open.
$HIGH is a memecoin with a mechanic, not an investment. The pot only exists while people trade the coin, a coin that never sets another high never pays out again, and you can lose everything you put in. Nothing here is a claim on anything or a promise of a return.