> ## Documentation Index
> Fetch the complete documentation index at: https://peak-docs.birdeye.so/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Launchpad & Token Lifecycle

> Data Dictionary — launchpad and token lifecycle terms with definitions, formulas, units, and source commands

Launchpad volume, graduation, lifecycle states, and creator activity.

***

### Launched Tokens

Total number of tokens created on a launchpad in a period.

```
Formula   Count(token launches)
Unit      #
Example   12,500 (30D)
```

**Related** · Graduated Count, Graduation Rate

**Used in** · [`LAC`](/docs/docs/core-concepts/commands/by-object/protocol#lac-launch-activity) · [`LPO`](/docs/docs/core-concepts/commands/by-object/protocol#lpo-launchpad-overview)

***

### Graduated Count

Number of launchpad tokens that met graduation criteria in a period.

```
Formula   Count(graduated tokens)
Unit      #
Example   525 (30D)
```

**Related** · Graduation Rate, Launched Tokens

**Used in** · [`GDM`](/docs/docs/core-concepts/commands/by-object/protocol#gdm-graduation-metrics) · [`LPO`](/docs/docs/core-concepts/commands/by-object/protocol#lpo-launchpad-overview)

***

### Graduation Rate

Percentage of tokens launched on a launchpad that reach graduation criteria.

```
Formula   Graduated Tokens / Launched Tokens × 100
Unit      %
Example   4.2%
```

**Related** · Time to Graduate, Launched Count

**Used in** · [`GDM`](/docs/docs/core-concepts/commands/by-object/protocol#gdm-graduation-metrics) · [`LPO`](/docs/docs/core-concepts/commands/by-object/protocol#lpo-launchpad-overview)

***

### Time to Graduate

Duration from token launch to meeting graduation criteria on a launchpad.

```
Formula   Graduation Date − Launch Date
Unit      Hours / Days
Example   18 hours median
```

**Related** · Graduation Rate

**Used in** · [`GDM`](/docs/docs/core-concepts/commands/by-object/protocol#gdm-graduation-metrics)

***

### Dead Rate

Percentage of launched tokens classified as dead (no trading activity) over time.

```
Formula   Dead Tokens / Total Launched × 100
Unit      %
Example   78.5% (30D cohort)
```

**Related** · Token Status, Trading Stop Rate

**Used in** · [`TLC`](/docs/docs/core-concepts/commands/by-object/protocol#tlc-token-lifecycle)

***

### Trading Stop Rate

Percentage of launched tokens that have ceased all trading.

```
Formula   Stopped Tokens / Total Launched × 100
Unit      %
Example   85.2%
```

**Related** · Dead Rate, Token Status

**Used in** · [`TLC`](/docs/docs/core-concepts/commands/by-object/protocol#tlc-token-lifecycle)

***

### Launchpad Revenue

Total fees collected by a launchpad platform from all fee sources.

```
Formula   Launch Fee + Bonding Curve Fee + Graduation Fee
Unit      USD
Example   $8.5M (30D)
```

**Related** · Graduation Rate, Volume

**Used in** · [`LPR`](/docs/docs/core-concepts/commands/by-object/protocol#lpr-launchpad-revenue)

***

### Trader PnL Distribution

Frequency distribution of trader profit/loss grouped by percentage ranges.

```
Formula   Count per PnL bucket / Total traders × 100
Unit      % / #
Example   Profitable: 35%, Break-even: 10%, Loss: 55%
```

**Related** · PnL, Win Rate

**Used in** · [`TDP`](/docs/docs/core-concepts/commands/by-object/protocol#tdp-trader-profitability)

***

### Trader Leaderboard

Ranked list of top traders by PnL, win rate, trade count, or volume.

```
Formula   Ordered by selected metric
Unit      Ranked list
Example   #1: 0xab...cd — +$250K PnL, 72% win rate
```

**Related** · PnL, Win Rate, Trade Count

**Used in** · [`TDP`](/docs/docs/core-concepts/commands/by-object/protocol#tdp-trader-profitability) · [`DXT`](/docs/docs/core-concepts/commands/by-object/token#dxt-dex-trader-analysis)

***

### Creator Count

Number of unique wallet addresses that created tokens on a launchpad.

```
Formula   Count(unique deployer addresses)
Unit      #
Example   8,200
```

**Related** · Repeat Creator Rate

**Used in** · [`CRA`](/docs/docs/core-concepts/commands/by-object/protocol#cra-creator-analysis)

***

### Repeat Creator Rate

Percentage of token creators who have launched more than one token.

```
Formula   Creators with 2+ tokens / Total Creators × 100
Unit      %
Example   22.5%
```

**Related** · Creator Count

**Used in** · [`CRA`](/docs/docs/core-concepts/commands/by-object/protocol#cra-creator-analysis)