Every term you'll hit around a new Kaspa token — deploy, mint, pre-mint, fair launch, DAA score, PSKT, rug pull — defined in plain English. Decode the jargon before you touch a launch.
Type to filter. Every definition is written for someone who's never launched a token — and links to the guide that goes deeper.
A single transaction where tokens and KAS change hands at the same instant, or not at all — no middleman holds funds mid-trade. On Kaspa this is done with a PSKT and is how you sell a KRC-20 without a custodial bot.
Kaspa's ledger structure. Instead of one block at a time like a classic blockchain, Kaspa lets blocks be produced in parallel and ordered by the GHOSTDAG protocol — giving sub-second blocks and high throughput. It's why KRC-20 minting is fast and cheap.
The two-step pattern behind a KRC-20 deploy or mint: you first commit to an operation, then reveal it, and the Kasplex indexer counts it. It's what lets Kaspa carry token operations without a smart-contract virtual machine.
Kaspa's monotonic block counter (Difficulty-Adjustment-Aware score), used in place of a fixed block height. Because Kaspa is a BlockDAG, the DAA score is the canonical way to timestamp a network event — the Toccata upgrade activated at a specific DAA score.
One of the five parameters set at deploy — how divisible each token unit is (e.g. 8 decimals means one token splits into 100,000,000 pieces). Cosmetic to most users, but part of a token's fixed on-chain definition.
The one-time operation that creates a KRC-20 token, fixing its five parameters — ticker, max supply, per-mint limit, decimals and pre-mint — which can never be changed. Carries a network cost of roughly 1,000 KAS. Walkthrough: how to create a KRC-20 token.
A launch where no supply is pre-allocated: the deployer sets a max supply and mint limit, then anyone can mint on equal terms until supply runs out. It describes how supply is distributed — not the team's intent, and not a promise the price will hold.
The letter grade the Fair-Launch Radar assigns each launch by reading public on-chain signals — pre-mint, mint progress, holder spread and top-wallet concentration. Think smoke detector, not guarantee. See how to spot a rug.
How a token's supply is spread across wallets. Broad distribution (many holders, no single wallet dominating) means real sell-side liquidity; heavy concentration in a few wallets means a handful of insiders can crash the price. A core input to the fairness grade.
Kaspa's native coin — what you pay network fees in and what KRC-20 tokens trade against. Every mint costs roughly 1 KAS in network fee; every trade is priced in KAS. Its smallest unit is the sompi (1 KAS = 100,000,000 sompi).
A KRC-20 marketplace that uses PSKT atomic swaps for trustless, wallet-to-wallet trading — the secondary market where you buy or sell tokens after a launch closes. We're not affiliated with it; named only to explain the ecosystem.
The indexer that reads KRC-20 deploy and mint operations off the Kaspa BlockDAG and tallies them into balances. KRC-20 tokens exist as operations Kasplex interprets — not as smart-contract state. Our tools read from public Kasplex endpoints. Full explainer: what is Kasplex →
A non-custodial Kaspa wallet with KRC-20 support — you hold your own keys and sign your own transactions. One of two wallets we've verified works with our mint flow. Compared head-to-head in the best Kaspa wallet guide.
A non-custodial browser-extension wallet for Kaspa and KRC-20, similar in spirit to MetaMask. The other wallet we've verified with the mint flow. See KasWare vs Kastle.
The fungible token standard on Kaspa — the shared format every new Kaspa token uses for its ticker, supply and mint rules. Created via standardized deploy/mint operations, not a smart contract. Full explainer: what is KRC-20?
A popular Kaspa minting bot. Convenient, but it takes a ~5% fee and is custodial (it holds your KAS while it mints). The KSPR fee comparison lays out why minting through the radar at a flat 1.75% is nearly 3× cheaper and non-custodial.
The total number of tokens that can ever exist, fixed at deploy and public from day one. Once minting reaches max supply, the token is minted out — no new units can be created, only traded on the secondary market.
Claiming a limit-sized chunk of a token's freshly issued supply from an open launch, for ~1 KAS network fee per mint. Open to anyone, first come first served, until max supply is reached. Different from deploying or buying. See how to mint.
The fixed amount of supply released per mint operation, set at deploy. It controls how many mints it takes to exhaust supply — a small limit means a longer, broader launch; a huge limit lets supply be grabbed in a few mints.
When every unit of a token's max supply has been minted, so the launch is closed. After this point you can only acquire the token by buying it on the secondary market — often at a premium to the protocol mint price.
A tool that never controls your funds — you sign every transaction from your own wallet and your keys never leave your device. The opposite of a custodial bot holding your KAS. Linkrra's mint is non-custodial at a flat 1.75%.
A standardized KRC-20 instruction — deploy, mint or transfer — broadcast on Kaspa and interpreted by Kasplex. A token's entire life is just a stream of these operations tallied by the indexer.
Supply the deployer allocates to themselves before public minting opens. Zero pre-mint marks a true fair launch; a large pre-mint concentrates supply and is a classic rug-pull signal the radar penalizes.
Partially Signed Kaspa Transaction — the mechanism behind trustless, wallet-to-wallet KRC-20 swaps. Both sides sign one atomic transaction that fully executes or not at all, so no custodian ever holds the funds. Powers non-custodial buying and selling.
When insiders dump concentrated supply and abandon a token, leaving other holders with nothing to sell into. On KRC-20 the warning signs are on-chain before it happens: a large pre-mint, thin holder spread, a deployer holding most of the supply. Learn the 5-signal checklist.
Where a token trades after its launch closes — wallet-to-wallet on a marketplace, priced by supply and demand rather than the protocol mint price. Buying here often means paying a premium; if a launch is still open, minting is usually the cheaper way in.
The smallest unit of KAS, Kaspa's equivalent of Bitcoin's satoshi: 1 KAS = 100,000,000 sompi. Fees and on-chain amounts are often denominated in sompi under the hood.
A token's unique symbol — typically 4–6 letters (e.g. NACHO) — claimed once at deploy and never reused. It's how wallets, explorers and our radar reference the token; two tokens can't share a ticker.
The Kaspa hard fork that activated on mainnet on June 30, 2026, adding native KRC-20 issuance and programmable features at the base layer. A non-backward-compatible upgrade that kicked off a wave of new launches. Full explainer: what is Toccata?
Every mint carries a tool fee on top of the ~1 KAS network cost, and the dominant bots quietly take 5%. The Fair-Launch Radar mints the same on-chain token for a flat 1.75%, non-custodial — you sign from your own wallet. Over a wave of mints, that gap is real money kept.
You know the terms — now see them on a live token. The free Fair-Launch Radar reads the pre-mint, holder spread and mint progress off-chain and grades every launch A–F before you touch it.