Docs · ReelBook · Existing token
Fair venue
For a high-volume token whose traders want MEV paid back: trader-first recapture, plain LP pools and a desk.
The trader whose swap opened a price gap gets the full 10% of the profit that closes it, and back-runs pay the move.
Set up now · partial: Arb recapture3 pools · 1 launch
Sample settings, not live data. Each pool’s board uses the catalog’s defaults plus the recipe’s choices, and passes the builder’s checks. Keys such as payees, mints and feeds are named when you launch.
The pools
Launch
Existing token · 3 pools
01SOL
Trader-first recapture02USDC
LP Rewards and recapture03USDT
Desk: a managed surcharge, capped at 1%
How the pools work together
On the SOL pool, recapture credits the gap opener’s ledger with 10% of the profit, and Sandwich Guard charges swaps that move the price back toward the slot’s open. The USDC and USDT pools pay LPs through LP Rewards and, on the desk, a managed surcharge.
What is coming or partial
- Arb recapture (Partial). Partial: Solana has no in-swap executor callback like Uniswap v4's, so reel charges the swap that closes a gap against a reference price instead of running a partner's arbitrage (PROGRAM.md §12). A stale or missing reference skips it.
Steps
- Open each pool’s board; recapture on each reads a sibling through a Pyth conversion.
- Create an existing-token launch with the three pools, seed them and finalize.