When a token launches
Filling the goal triggers a launch schedule. Seven days is the fallback for an unfilled raise.
When the goal fills
A launch closes to new contributions when its accepted payments reach the goal. A new launch is scheduled for one hour after filling. It does not need to wait out the rest of the seven days.
The inaugural Seven launch has a separately announced date. Its page shows that date; it does not change the one-hour rule for new launches.
If the goal does not fill
After seven days, a launch with accepted and funded contributions becomes due to launch with the amount raised, even if it is below the goal. The same fallback applies to Seven. A launch with no funding does not create a pool.
This is what “Launches if unfilled in” means on the page. Once the goal fills, the page switches to the scheduled launch countdown.
From countdown to trading
At the scheduled time, Seven attempts to create the token and its Raydium liquidity pool. Trading starts when the onchain transactions confirm. Network conditions or an unavailable integration can delay that step.
If an attempt cannot complete, the launch retries in one hour. Confirmed contributions keep their allocations. Trading begins only after the pool transaction succeeds.