Learn more about Doppler's custom supply curves
In Doppler, supply curves define how token price changes relative to the amount sold during a price discovery auction. Instead of a single fixed price, a supply curve maps cumulative tokens sold to price, allowing controlled, potentially predictable price progression as demand unfolds.
Determines how price increases as tokens are purchased
Shapes auction dynamics (early cheap access vs. steep climbs)
Signals scarcity and demand to participants
Influences liquidity migration outcomes
A well-designed curve aligns economic incentives and supports efficient market formation.
Doppler supports multiple supply curve models to fit different launch goals:
Flat or linear progression with a single supply curve. Price increments are uniform as tokens sell.
Useful for simple, predictable price growth without complex structure.
Multiple segments of the same market with distinct slopes. Each segment can have a different price rate.
Lets projects encode phases (e.g., early discount → steeper later pricing).
Curve parameters evolve over time or based on demand signals. Price can accelerate or decelerate dynamically.
Ideal for launches that need tempo-aware pricing behavior or maximum efficiency.
Gentle slope → smoother, more gradual price movement
Steep early slope → faster price growth, tighter early access
The choice of curve impacts:
Token distribution speed
Participant experience
Initial liquidity depth
Supply curves are a core economic primitive in Doppler - they convert demand into predictable pricing, designed to be easily updatable and enabling iterations towards an ideal market structure.
Static → Simple, predictable auction
Multicurve → Phased launches with differentiated pricing. Well suited for low value assets.
Multicurve is considered a strict improvement over static due its designs ability to implement a superset of static's functionality and should be used on supported networks.
Dynamic → Demand/time-sensitive markets. Well suited for high value assets.
Custom supply curves offer flexibility for projects to design markets tailored to their use cases, without custom contracts - all defined and adjustable in simple configurations at launch time.
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