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The token panel is where trading happens. Paste a coin’s contract address into the chat and it opens.

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Opening a coin

  • Contract address: the exact way. Paste it and Dawn works out the chain.
  • Ticker: send $PEPE, or /search pepe.
  • Chain prefix: bnb 0x…, base 0x…, hype 0x… when an address is on more than one chain — every prefix.
  • Recently pasted: 📜 History on any panel lists the coins you’ve pasted or picked from a search.
Anyone can deploy a coin called PEPE. After a ticker search, check the address on the panel before you buy.
To browse instead, tap 🔥 Trending on the home screen or send /trending — see Trending and search.

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Beside the name

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The market block

The percentage next to Liq is the number to look at. A coin with a $2M cap and $20k of liquidity is 1%: your own buy will move the price hard, and getting out is worse than getting in.

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The stats block

A high Top 10 share means a handful of wallets can exit into your bid. A coin minutes old with few holders is the highest-risk thing on the screen.

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Risk warnings

Dawn checks Solana and EVM coins for traps that stop you selling: a sell that fails, a sell tax of half or more, a pool whose creator keeps nearly all of every trade as a fee, a pool with almost nothing left in it, or a Solana creator who can freeze, take or block your tokens. On a coin whose pool is under a month old, it also flags liquidity that isn’t mostly burned or locked. Buying a coin it flags asks you to confirm first. Selling never does.
Auto Buy and a buy link tapped with group links on open a flagged coin’s panel instead of buying. Copytrade skips it when the task’s 🛡 Avoid Risky Tokens is on.

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Coins still on a launchpad curve

On Solana (pump.fun) and Robinhood Chain (Pons, Four.meme and Standard Reserve), a coin that has not graduated to a regular pool shows: You can trade these and set orders on them like any other coin. A coin this new can briefly have no live price; its orders are marked paused meanwhile, but stay active.

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Your holding

Once you own some, the Holding block shows your position and PnL for the wallet in use, with a link to a PnL banner. With several wallets holding the coin, see Multi-wallet trading.

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The buttons

  • Amount buttons send the trade the moment you tap: dollar amounts when buying, shares of your holding when selling. Change them in Presets.
  • ⚙️ Automations holds limit orders, ladders, DCA, TWAP and price alerts for the coin, and on the Selling side, trailing sells.
  • Degen, 📜 History, 👥 Multi-Wallet and 📝 Thesis: see Degen Mode, Opening a coin, Multi-wallet trading and Top theses.
  • 🫧 Bubblemaps: a map of the coin’s holders that groups linked wallets, so you can spot one group quietly holding a big share of the supply. Pick the site it opens in settings.
  • 📣 Callout, on a coin you hold: post your own case for it — see Callouts.
  • 🔗 Share & Earn, under the coin’s address: see Share links.
Take-profit and stop-loss levels aren’t under Automations: open the coin from your portfolio and choose TP/SL, or Edit TP/SL in /orders. See Take profit and stop loss.

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Top theses

📝 Thesis shows what traders on fomo, pump.fun, GMGN and nearly.trade have written about the coin, with each author’s own position in it: 💰 what they put in, and 🎒 what it is worth now, or closed once they sold. ⚠️ deployer marks the coin’s own creator. To hear about new theses from traders you follow as they post them, see Trader Alerts.

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What the panel cannot tell you

Market data describes a coin’s market, not what its contract can do.A contract can let its deployer mint more supply, freeze balances, block selling entirely, or raise its tax after you have bought. Liquidity can be pulled in a single transaction. Risk warnings catch some of this before you buy, not all of it, and nothing on the panel warns of a change made later.Treat every panel as the beginning of your own check, not the end of it.