Guide

How to read the launch rail. Paper only: nothing here buys or sells.

What the rail is

Every coin with a paid DexScreener profile or boost, up to 30 days old, runs 5 gates in order: Pool → Integrity → Clock → Stage → Size. The first gate it fails is where it stops. Nothing is averaged. The server pulls every 30 seconds. The rail re-reads the stored pull every 15 seconds while it is open; no page ever pulls.

Lanes

Watch— Passed every gate. Research it, don't buy it.
Passed every gate, and the safety check returned pass or warn. Research it, don't buy it: open it for the safety evidence and the trace. Paper only.
Wait— Too early to judge.
Can't be judged yet. The clock decides, not you.
Trap— Winner's size, wrong clock. Don't chase.
Looks like a winner on size. The clock or the drawdown says otherwise.
Killed— Out while its reason holds.
Out. A kill holds while its reason holds; it releases when a later pull shows the reason gone.

Reading a row

Pips: The 5 gates. Grey passed, coloured is where it stopped, hollow was never reached.
Badge: The segment where it stopped, in its lane's colour.
Sentence: The number that made the call.
Safety: ✓ Pass, ! Warn, ✕ Block, ? Unknown. Unknown is never pass, and a coin with no verdict cannot reach Watch.
Record: Winners over resolved outcomes for the segment. It reads 'no book yet' until 30 are resolved.
Entity chip: Other coins that share a deployer, funder, social, domain or image with this one. Counts only.
kill pending: One kill reading. It sticks only if the next pull, at least 25 seconds later, reads it too. Until then the coin keeps its lane.

PassEvery block-level check ran and passed. Not a buy.
WarnChecks ran; at least one warning. Read the evidence.
BlockA block-level check failed. The rail kills the coin with kind safety.
UnknownNo check has run, a source did not answer, or a block-level check could not run. Unknown is never pass.

What to do with a Watch coin

Open it with a click, a tap or Enter. The panel shows its sentence, the safety evidence, every gate's check and what would move it next. The dossier has its full history. Watch means 'research this', never 'buy'. The Watch-entry strategy trades its first Watch entry on paper.

Gates and segments

Each gate asks one question. The segments under it are where a coin can stop there, with the lane each one sends it to.

Segment	Lane	What it means
1 Pool — Is there a real pool and a live tape?
Empty poolS7Killed	Killed	Cap over $100k on a pool under $800. The price is a mark, not a bid.
No pool dataS7?Killed	Killed	Off the curve and the feed reports no pool depth at all. Unknown counts as a fail.
Dust poolS7dKilled	Killed	Off the curve with a pool under $800, whatever the cap. The price is a mark, not a bid.
No tapeS7Killed	Killed	A day old or more and under $50k traded in 24h. The rank is the product.
2 Integrity — Has it already collapsed, or is the volume fake?
CollapsedRUGKilled	Killed	Down 90% or more inside the window. Whatever happened has happened.
Wash volumeBADKilled	Killed	Volume over 15× cap on a pool under $12k with a cap under $50k. Bots trading with themselves.
Safety blockBLKKilled	Killed	The contract or holder check found a block-level risk: a failed sell, a tax, an owner power or a concentrated supply.
3 Clock — Is it still inside launch hour?
DumpedS1xKilled	Killed	Under 2h old and already −60% on the hour. The first buyers took the high.
Too big, too fastS4 trapTrap	Trap	$1M+ cap and a $50k+ pool, but under 2h old. Winner's size on a launch clock.
Launch hourS1Wait	Wait	Under 2h. The candle is the launch. Launch-hour buys were 6% of the book's profit.
4 Stage — Is it on the curve, or past its high?
On curveS2Wait	Wait	Still inside a launchpad bonding curve. Migration is a blackout.
PeakedS5Trap	Trap	Under 36h and either at $800k+ and already −30% on 6h or −40% on 1h, or 30% or more off a stored high of $800k+. The high is in; the posts aren't.
5 Size — Which money band is it in for its age?
Sub-$100kLOTWait	Wait	Past launch hour, off the curve, still under $100k. In the wallet book this band was a lottery, not a zero. From v4.1.0 it waits: the kill runs in shadow until it has 30 resolved outcomes.
FDV onlyFDVWait	Wait	The feed gave FDV and no market cap. FDV is not circulating supply, so no size band applies, and none is invented.
Drifting—Wait	Wait	Off the curve but in no band: past 12h under $1M, or sized with a thin pool.
Off-quote poolGQWait	Wait	Stopped before the clock: its deepest pool is quoted in another token, so the USD depth moves with that token. The clock and size bands were not asked.
UnprovenGTWait	Wait	Would be on Watch, but the tape is suspect: churn, sell pressure, or −30% or worse on 6h. The band is right; the demand isn't proven.
UnverifiedGSWait	Wait	Would be on Watch, but no contract or holder check has come back. Unknown is not a pass.
Graduated <$1MS3Watch	Watch	Off the curve, $100k–$1M, under 12h. The book's first-quarter runner buyers entered ~12h in at ~$0.6M.
Sized, too youngS4 waitWait	Wait	$1–50M and under 7 days. The band that paid — but recognition starts at day 7, so it waits (v4.4.0).
Recognition windowS4Watch	Watch	Day 7–30, $1–50M, $50k+ pool. The only segment that paid in the Fomo book.

Where to look

Rail: Every coin in the newest pull.
Archive: Every coin the rail has recorded, with its outcome.
Calibration: Does each lane deliver, rule set by rule set.
Paper: What following the signals would have returned, on paper.
Intake: New pools the rail does not place yet.

Glossary

cascade: The 5 gates in order; the first stop wins. Nothing is averaged into a score.
gate: One step of the cascade, asking one question: Pool, Integrity, Clock, Stage, Size.
segment: Where a coin stopped: a named band with its own sentence and lane. The badge on a row.
lane: Watch, Wait, Trap or Killed: what to do with the coin. On the rail, colour means lane and nothing else.
on curve: Still inside a launchpad bonding curve. Migration is a blackout.
graduated: Off the launchpad's bonding curve and trading on a pool. Graduated <$1M: Off the curve, $100k–$1M, under 12h. The book's first-quarter runner buyers entered ~12h in at ~$0.6M.
FDV: Fully diluted value: every token at today's price, not the circulating supply. A row prints 'FDV' when the feed gave no market cap, and then no size band applies.
pool and “× pool”: Pool: the dollar depth of the coin's pools, the exit. “× pool” under the Vol 24h figure: that volume over the pool depth.
prior: On the entity chip: other coins sharing a deployer, funder, social, domain or image, launched before this one. Counts only, never a rate.
kill pending: One kill reading. It sticks only if the next pull, at least 25 seconds later, reads it too.
held kill: A kill whose reason still holds on this pull. It releases when a later pull shows the reason gone.
no book yet: Fewer than 30 resolved outcomes for the segment: the counts show, a rate does not.
book: In 'no book yet', a segment's track record. The Archive page (/book) is every recorded coin.
unmeasured: No outcome for the segment has resolved yet: nothing is known about what this stop keeps or removes.
regime: The market regime per chain, from DefiLlama daily closes. It never moves a coin's lane.
armed: The switch counts: the last two daily closes sit past its line, or the last close and the week's average do.
fixed line: A set dollar line, not a percentile of any window.
pull: One read of the feeds by the server, every 30 seconds. Pages read the stored pull; no page ever pulls.
unprofiled: A new pool whose coin has no paid DexScreener profile or boost. It shows on the Birth tape and on Intake, and is never placed on the rail.
paper: Orders simulated from stored quotes. No transaction is ever sent.

Keyboard

Press ? on any page for this list. On the rail, the sheet holds a switch that turns the single-key shortcuts off.

Move

Next and previous row: JK
Next and previous row: ↓↑
Open the focused row (else the first), or the open coin's dossier: Enter
Close the coin, then clear the segment filter: Esc

Views

Watch · Wait · Trap · Killed · All: 12340
All chains · Solana · Robinhood · Base: ASHB
Search symbol, name or address: /

Coin

Open the dossier: O
Dossier in a new tab: ShiftEnter
Copy the contract address: C
Open on DexScreener: D
Pin: in this browser, or for everyone with the owner key: P

Board

Jump to a lane, segment, coin, page or action (Ctrl K off a Mac): ⌘K
Re-read the store now: R
Freeze or resume auto-refresh: F
This sheet, on every page: ?

Alerts on Discord

The rail posts its signals to these Discord channels. Signals only: no message tells anyone to buy or sell.

term-top: A coin's first Watch entry, with safety pass and a pool of $50.0k or more, on live rules. At most 10 a day.
term-alerte: Every other Watch entry; Watch leaves, held 65 minutes so bounces are dropped; kills and releases of coins on Watch in the last 24 hours; safety changes; $75.0k crosses.
term-iesiri: The end of a Watch run, and paper exits (paper only, no trade made).
term-raport: The daily report at about 06:00 UTC.

For agents

Read-only JSON. A missing value is null with a reason. Rates only from 30 resolved. Every verdict carries its rule version. Nothing in the API writes, pins or trades.

GET /api/board
GET /api/changes
GET /api/coin/:key
GET /api/regime

Rules in this build: v4.6.0. Compare versions on Calibration.