Bags
Bags is a token launchpad and trading app from Bags Holdings, Inc., mainly on Solana with a deployment on Robinhood Chain. Creators earn royalties from their coin's trading volume. Default Solana launches charge 2% per trade, split between the Bags platform pool and the creator pool.
Cost: Default Solana launches charge 2% on every trade. Before graduation, 1% goes to the platform pool and 1% to the creator pool. After graduation it splits 0.75% platform, 0.75% creator and 0.5% compounding. Creators can pick other fee modes from 0.25% to 10% per trade. Robinhood Chain launches charge a flat 2% per trade plus a 0.02 ETH default creation fee. The Bags cut is embedded in each token's pool fee rather than charged as a separate app fee. A default Solana round trip costs 4% in trading fees (2% each way), of which about 2% goes to the Bags platform pool before graduation and the rest to creators or liquidity. A $1,000 buy-and-sell costs about $20.00 in Bags fees.
Checked 2026-10-16 · sources below- Round trip fee
- 2% buy + sell, platform fee
- $1,000 buy + sell
- $20.00 before network + pool fees
- US availability
- Unverified UK: unverified · EU: unverified
- Custody
- embedded-wallet
- KYC
- unknown
- Platforms
- web, ios, android
- Launched
- —
Users paid Bags about $329K in fees in the 30 days to 2026-10-17 (DefiLlama) — a rough measure of how much it is actually used.
Best for: Creators who want ongoing trading-fee royalties from a coin and the option to share them with collaborators.
Bags fees
| Fee | Type | Rate | Applies to | Note |
|---|---|---|---|---|
| Default token trading fee (Solana, pre-migration) | protocol | 2% | Buy and sell | 1% platform pool and 1% creator pool. Graduation happens at 85 SOL in the default mode. |
| Bags platform pool share (default mode) | protocol | 1% | Buy and sell | Pre-migration; 0.75% post-migration. Any launch partner's share, 25% by default, comes out of this pool. |
| Creator royalty (default mode) | creator | 1% | Buy and sell | Pre-migration; 0.75% post-migration. For new fee-share v2 configs, the deployer takes 25% of the claimers pool and fee recipients split the remaining 75%. |
| Post-migration compounding (default mode) | lp | 0.5% | Buy and sell | Part of the 2% fee after migration to the Meteora DAMM v2 pool. |
| Alternative fee modes | other | — | Buy and sell | Seven Solana modes, ranging from 0.25% pre-migration (1% after) to a 10% flat High Flat mode. The mode is set per token at launch. |
| Robinhood Chain trade fee | protocol | 2% | Buy and sell | 1% to creator fee claimers and 1% protocol half, split between the partner (default 0.25% of volume) and BagsVault. |
| Robinhood Chain creation fee | other | — | buy | Default 0.02 ETH per token launch; owner-settable. |
| Solana launch network costs | network | — | buy | Help center says launching needs about 0.2 SOL to cover network fees and transaction costs. |
| Trade size | Bags fee, buy + sell |
|---|---|
| $100 | $2.00 |
| $1,000 | $20.00 |
| $10,000 | $200.00 |
Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.
Is Bags legit?
Terms describe an "unhosted wallet application (Non-Custodial Wallet)", and Bags says it does not custody assets. The app and website let users export the wallet's private key, for example into Phantom.
We found no reported hacks or fund losses in the sources we checked. That is not a guarantee.
Where Bags is available
| Region | Status |
|---|---|
| United States | Unverified |
| United Kingdom | Unverified |
| European Union | Unverified |
Terms (last updated 2026-02-11) require users to be 18 or older and not barred by sanctions laws. They say some services "may not be available to you depending on your jurisdiction" without naming countries. Bags Holdings, Inc. is the contracting entity. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
Pros and cons
Pros
- Creators earn 1% royalties on their coin's trading volume in the default mode, per the Bags help center.
- Fees can be shared across up to 100 earners identified by X, Kick or GitHub accounts.
- Terms describe a non-custodial wallet, and private keys can be exported to wallets such as Phantom.
- There is a public REST API and SDK, and API launches carry no platform fee beyond Solana transaction costs.
- The Block reported Bags graduations overtook Pump.fun's in mid-January 2026, when Bags fees topped $100,000 in a day.
Cons
- The default 2% fee applies to every trade on a Bags token, and some fee modes go up to 10%.
- Fee mode is set per token, so costs differ from coin to coin.
- Terms list no restricted countries. Sections 12–18, including charges and fees, are summarized and only available in full by emailing support.
- The Block cited the Bags-launched $GAS token, which went from about $60M market cap to under $1M within an hour after its developer denounced it.
Features
token creationbonding curveMeteora DBC to DAMM v2 graduationcreator royaltiesfee sharing up to 100 recipientsholder dividendsgroup chatsprice alertsmobile appembedded walletdeveloper APIRobinhood Chain launches
Alternatives to Bags
pump.fun
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Jupiter Studio
Creators who want a no-liquidity Solana launch with a locked Meteora pool at graduation, and traders who accept a flat 1% fee.
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Moonshot
Mobile-first buyers who want to fund with card or Apple Pay and trade Solana memecoins in a simple app.
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Head to head
Where Bags ranks
- #4 in Best memecoin launchpadsof 8
- #4 in Best Solana launchpadsof 7
- #9 in Best memecoin trading appsof 10
Bags FAQ
Is Bags legit?
Bags is operated by Bags Holdings, Inc. and launches tokens on Meteora's bonding-curve infrastructure on Solana. Its terms describe a non-custodial wallet with private-key export. DefiLlama tracks about $64M in all-time fees. Tokens launched on Bags are highly speculative, and some have collapsed quickly.
What fees does Bags charge?
Default Solana tokens charge 2% per trade. Before graduation, 1% goes to Bags' platform pool and 1% to creators. After graduation it splits 0.75% platform, 0.75% creator and 0.5% compounding. Other modes range from 0.25% to 10%. Robinhood Chain tokens charge 2% plus a 0.02 ETH default creation fee.
How much do creators earn on Bags?
In the default mode, creators earn 1% of their coin's trading volume, claimable after verifying a linked social account. Royalties can be split among up to 100 recipients. New v2 configs also reserve 25% of the claimers pool for the deployer wallet.
How much SOL do I need to launch on Bags?
Bags' help center says about 0.2 SOL covers network fees and transaction costs for a launch. Tokens graduate from the bonding curve to a Meteora DAMM v2 pool at 85 SOL in the default mode.
Can US or UK users use Bags?
Bags' terms do not name the US, UK or EU. Users must be 18 or older and not barred by sanctions laws, and the terms say some services may be unavailable depending on your jurisdiction.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Bags docs: Customize Token Fees — checked 2026-10-16
- Bags docs: Deployer Fees — checked 2026-10-16
- Bags docs: Create Partner Key — checked 2026-10-16
- Bags docs: Robinhood Chain Overview — checked 2026-10-16
- Bags docs: Robinhood Chain Partner Program — checked 2026-10-16
- Bags API changelog — checked 2026-10-16
- Bags Terms of Service (last updated 2026-02-11) — checked 2026-10-16
- Bags Help: Royalty earned — checked 2026-10-16
- Bags Help: SOL needed to launch — checked 2026-10-16
- Bags Help: Liquidity (DBC and DAMM v2) — checked 2026-10-16
- Bags Help: Dividends payout — checked 2026-10-16
- Bags Help: Export private key — checked 2026-10-16
- BAGS: Trade Coins (App Store) — checked 2026-10-16
- Bags project profile (Solana Compass) — checked 2026-10-16
- Solana activity jumps as Claude Code virality fuels a new token launch frenzy (The Block, 2026-01-21) — checked 2026-10-16
- DefiLlama Bags fees (30d and all-time) — checked 2026-10-16