0 m · SURFACE

The stalls beat the miners to the gate.

Arc opened the chain to everyone on 16 September 2026. That afternoon we sat on the explorer, DexScreener and the public RPC and wrote down what was actually there. If a figure on this sheet has a timestamp, it is from that sitting.

Named launchpads on the public Arc lists
44

23 were already taking deposits on mainnet. 21 were still a form or a clock. Forty-four counters. One crowd.

Public lists: ChargedVentures, StarPlatinum, TechFlow, Odaily, KuCoin. Sites opened 16 Sep 2026, 12:10–12:25 UTC.

3 m · THE HEAP

One working day of new pools.

Distinct tokens in fresh Uniswap pools
37,784

The drawing is the heap. One mark per hundred tickers.

One mark = 100 new pool tokens. Rust mark: still had a pool.

Pool creates 15 Sep 11:53 → 16 Sep 12:20 UTC, Arc RPC. Under 0.5% still had any liquidity, so one mark is rust.

Loudest names in 1,203 Arc pairs
1 · 2 · 3

All three were launchpad tokens. Fourth was CRCL at $11.5M. The podium was handles, then a dollar.

DexScreener 24h tape, 16 Sep 2026, 12:24 UTC.

Share of that tape in eleven pad tickers
44%

$71.2M of $161.7M. Same integer as the pad count; it is in the file, not a joke we wrote in. Wash trading was left in.

  • ARGUS
  • TOLLY
  • Minara
  • LONG
  • creo
  • WARP
  • BOZO
  • LIFT
  • ELLIPSE
  • ARCH
  • Dyor

The money sat on the stall. Not on anything those stalls claimed to mine.

10 m · REPRINTS

Peel a ticker and you get the last one.

These names kept landing in that day’s new pools. Same letters. Fresh contract.

  • ARC · same letters, new contract1,097
  • USDC · not the settlement dollar337
  • ARCAT167
  • TEST162
  • ARCHITECTS135
  • ARGUS · a pad name, reprinted117

One factory stamped about 29,000 of 37,347 new v4 pools that day. Call it 78% of the print run.

20 m · THE LEDGER

Arc was specced as a settlement rail.

Native USDC gas. Deterministic finality. Sub-second close. The street used it as a vending row.

We did not hang another handle. We cut a hole. 7,707 pixel shovels. Hash first, USDC second. The Pit is a thirty-second throw so you can clock a depth. Depth does not mint.

BEDROCK · THE SHED

Clock in. Throw. Hunt. Extract.

01 CLOCK IN

X first. No wallet on the canvas.

02 THROW

Press, drag, release. Top 1,000 scores at 20 m+ pay 5.55. Cap 777.07 m. Depth does not mint.

03 HUNT

When dig is on: keccak256(puzzle ‖ miner ‖ nonce). Farms will be faster. USDC is the gate. START DIGGING is soon. Count is 0.

04 EXTRACT

Proof, then 5.55 / 8.88 / 16.66 / 28.88 USDC. 7,707 shovels. The hash buys the ticket. It does not draw the pixels.

ENTER THE PIT

This page is the clipboard. The terminal is the worksite.

Dated figures: Arc RPC, explorer.arc.io, DexScreener, GeckoTerminal, DefiLlama. Depth marks are the drawing. Stall names are live projects. None of them, Circle, or Arc signed this sheet.