D.03For traders
PAGE10/10SLUGstagesToken stages
Three lifecycle stages — read from on-chain pool state:
- On the curve — bonding curve is active.
isMigrated == 0. Most trading happens here. - Migrating — the curve has reached graduation and the Meteora program is moving liquidity. A brief window; swaps can fail until the AMM is up.
- Settled — fully on DAMM v2.
isMigrated > 0. Permanent lock in place, normal AMM trading.
The stage indicator on every card is reconciled live: when you load a page we re-fetch the pool account and update the DB row if chain state has drifted from cache.