what's Rugs.fun?

Rugs.fun is a memecoin launchpad platform, primarily on Solana, where users can create and launch tokens with a unique prize liquidity mechanism. Projects that fail to meet presale goals are automatically "rugged," with liquidity redirected to fund a communal prize pool that successful launchers can win. The platform encourages high-risk, high-reward memecoin creation by gamifying failures—rugged coins contribute to prizes, creating a cycle where rugs benefit the ecosystem. It features sidebets, leaderboards, and tools for quick deployments, operating in beta with integrations like Telegram and Discord for community engagement.

RugsDotFunX_ distributed SOL airdrop to active users on 2025-12-25.