Is Raydium LaunchLab custodial? Who holds your funds?
No. Raydium LaunchLab is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-17 · 3 sources- Users connect their own Solana wallet and trade against on-chain curves.
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
Sources: Raydium Docs: LaunchLab overview · Raydium Docs: LaunchLab and CPMM fee reference · Raydium Docs: Earn referral fees (LaunchLab). The venue's own page wins if it disagrees with ours.
Raydium LaunchLab
Launchpad. LaunchLab is Raydium's permissionless Solana token-launch protocol: tokens trade on a bonding curve and migrate to a Raydium CPMM pool at graduation. Third-party platforms such as LetsBonk build on it and set their own fees.
Full Raydium LaunchLab sheet: fees, custody, incidents →