Frequently Asked Questions

Alpaca DEX is a decentralized exchange (DEX) built on the KeetaNet blockchain. It enables users to trade tokens, provide liquidity, launch new tokens via PacaLaunch, and tokenize real-world assets (RWAs) — all on-chain with over 11 million transactions per second. Alpaca DEX is sometimes referred to as 'Keeta DEX' because it is the primary decentralized exchange operating on the Keeta network.

Yes. Alpaca DEX is the decentralized exchange built natively on KeetaNet (Keeta). When people refer to 'Keeta DEX' or 'the DEX on Keeta,' they are referring to Alpaca DEX. It is the first and primary DEX on the KeetaNet blockchain, providing token trading, liquidity pools, a token launchpad (PacaLaunch), and real-world asset tokenization.

KeetaNet (keeta.com) is a high-performance blockchain capable of over 11 million transactions per second. Alpaca DEX is built on KeetaNet to take advantage of its speed, low fees, and native on-chain identity system (KYC/KYB). This identity layer enables features like identity-anchored token creation, anti-rug-pull protections, and verified creator badges — capabilities that are not possible on most other blockchains.

PacaLaunch is the token launchpad built into Alpaca DEX. It allows anyone to launch a new token with zero upfront cost — no initial capital required. PacaLaunch supports multiple configurable bonding curves, lets creators fundraise for both liquidity pool capital and direct project funding in a single unified launch, and seamlessly transitions from fundraise to live DEX trading. Creators can also set listing premiums so the DEX listing starts at a configurable percentage higher than where the bonding curve ends.

PacaLaunch is different in several key ways: (1) Zero upfront cost — creators don't need any initial capital to launch. (2) Unified fundraise-to-trading — the launch seamlessly transitions into live DEX trading within the same platform, rather than requiring a separate platform switch. (3) Multiple bonding curves — choose the price discovery model that fits your token. (4) Dual fundraising — raise for liquidity pool capital and direct project capital simultaneously. (5) Listing premiums — configure your DEX listing to start higher than the bonding curve endpoint. (6) Identity-anchored launches — every token is tied to a verified identity via on-chain KYC/KYB, reducing rug-pull risk.

Real World Assets (RWAs) on Alpaca DEX are tokenized representations of physical or traditional financial assets that can be created, listed, and traded on-chain. Alpaca DEX is building an ecosystem for multiple RWA types, opening the door for anyone to tokenize real-world assets — from commodities and property to financial instruments — and trade them in a permissionless, decentralized market with full on-chain settlement.

Yes. Alpaca DEX enables the creation and trading of tokenized real-world assets (RWAs). The platform provides the infrastructure to tokenize various asset classes and make them tradeable on-chain. Identity verification via KeetaNet's native KYC/KYB ensures legitimacy and regulatory alignment for RWA issuers, making it suitable for both individual creators and businesses.

Alpaca DEX integrates KeetaNet's native on-chain KYC (Know Your Customer) and KYB (Know Your Business) verification. This is not an add-on but a core infrastructure feature of the Keeta blockchain. Verified identities are used for token creation via PacaLaunch, creating anti-rug-pull accountability, displaying verification badges for creators and projects, and enabling institutional-grade business verification (KYB) for enterprises launching tokens or providing liquidity.

PACA is the native token of the Alpaca DEX ecosystem. It has a total supply of 1 billion tokens. PACA is used for trading on the DEX, participating in the Alpaca Participation Program (APP) loyalty system, governance voting, and earning protocol fee distributions. The token distribution includes 50% for initial liquidity, 20% for ecosystem incentives, 10% for treasury, 10% for strategic investors, and 10% for community and marketing. Full tokenomics details are available at alpacadex.com/tokenomics.

The Alpaca Participation Program (APP) is a non-custodial loyalty and reputation system on Alpaca DEX. Unlike traditional staking, your tokens stay in your own wallet at all times. By holding PACA continuously, you climb from Base Camp (1.00x weight) to The Summit (1.40x weight) over 10+ weeks, earning a higher share of discretionary protocol fee distributions, early access to launchpad projects, and governance voting rights. Selling any PACA resets your multiplier to Base Camp.

You can start trading on Alpaca DEX by visiting the web app at app.alpacadex.com or by downloading the Alpaca Wallet from the Apple App Store. The platform supports token swaps, liquidity provision, and access to the PacaLaunch token launchpad. No minimum deposit is required to begin trading.

Alpaca DEX uses multiple layers to reduce rug-pull risk: (1) Identity-anchored token creation — every token launched via PacaLaunch is tied to a verified identity through KeetaNet's on-chain KYC/KYB, creating real accountability. (2) Locked liquidity — liquidity created during token launches is automatically locked. (3) On-chain verification badges — verified creators and businesses are publicly distinguishable. (4) Full on-chain settlement — every trade and transaction is recorded on the KeetaNet blockchain. These structural measures make malicious behavior significantly harder and more consequential than on anonymous launchpads.

A bonding curve is a mathematical pricing model where a token's price increases as more tokens are purchased during a fundraise. PacaLaunch supports multiple bonding curve types, allowing creators to choose the price discovery model that best fits their token's economics. When the bonding curve completes, the token automatically transitions to live trading on Alpaca DEX, with liquidity auto-created and locked. Creators can also configure a listing premium so the DEX listing price starts higher than the bonding curve's final price.

PacaLaunch offers three bonding curve types for token launches: (1) Static — the price stays the same throughout the entire fundraise, ideal for fair launches where every buyer pays the same price. (2) Balanced — a gentle S-curve (sigmoid) where the price increases moderately as tokens are sold, providing approximately 80% growth from start to finish, suitable for most standard projects. (3) Rapid — a steep exponential ramp where early buyers get a significantly lower price and the price accelerates quickly, designed for high-hype and meme token launches. Creators choose their curve type during launch configuration on the PacaLaunch launchpad.

A listing premium — also referred to as a sale discount — is a configurable percentage that makes the DEX listing price higher than the final bonding curve price. For example, if a creator sets a 10% listing premium, the token starts trading on Alpaca DEX at 10% above the last price paid during the fundraise. This rewards early presale participants with instant upside when the token transitions from the PacaLaunch fundraise to live DEX trading. Creators set this value during their launch configuration.

Every PacaLaunch token launch has two safety parameters: an end date and a launch threshold (soft cap). The launch threshold is the minimum percentage of the liquidity target that must be reached for the launch to succeed. If the threshold is not met by the end date, the launch is considered failed, and all participants can claim full refunds of their contributions. This protects buyers from being locked into under-funded projects and ensures that only sufficiently backed tokens go live on the DEX.

Yes. PacaLaunch supports dual fundraising — creators can raise capital for both the DEX liquidity pool and direct project funding in a single unified launch. The 'Team Funds Share' setting lets you allocate a percentage of total raised capital to your project wallet. For example, if your liquidity target is 80,000 KTA and you set a 20% team share, PacaLaunch raises a total of 100,000 KTA — 80,000 goes into the locked liquidity pool and 20,000 goes to your team wallet for development, marketing, or operations.

The Mandatory Liquidity Seed is a protocol-level mechanism in PacaLaunch where every successful token launch automatically contributes a portion of raised funds to the PACA liquidity pool. These funds are time-locked for 3 months, strengthening the platform's core liquidity. After the lock period, the seeded funds are either returned to the creator's wallet for project incentives (such as airdrops or marketing) or injected directly into the new token's own liquidity pool to deepen its market stability. This creates a symbiotic relationship where every launch strengthens the broader Alpaca DEX ecosystem.

When reviewing a live fundraise on PacaLaunch at app.alpacadex.com/launchpad, consider these factors: (1) Pool health — a higher percentage of funds going to the liquidity pool versus team payout generally means a more stable token. (2) Curve type — static curves give everyone the same price, while balanced and rapid curves reward earlier buyers. (3) Fundraise progress — a launch filling quickly indicates strong community interest. (4) Sale discount — a higher listing premium means presale buyers get a bigger advantage over the initial DEX price. (5) Identity verification — check whether the creator has completed on-chain KYC or KYB for additional trust. Each token's detail page shows the full configuration, live bonding curve chart, projected cash flow breakdown, and token distribution.

Yes. Alpaca DEX supports fiat-to-crypto pathways through its FX Anchor system, enabling users to convert fiat currency into tokens that can be used on the platform. The FX Anchor integration supports cross-platform pool access and external FX anchor providers.

Alpaca DEX supports direct cross-chain transfers of KTA, USDC, and EURC from the Base network to the KeetaNet blockchain. You can bridge tokens using the Alpaca Wallet iOS app (available on the Apple App Store) or the Keeta Wallet browser extension for Google Chrome. Simply connect your Base wallet, select the token and amount, and the transfer is processed directly — no third-party bridge required. This makes it easy to onboard funds from the Base ecosystem into Keeta for trading on Alpaca DEX.

You can explore the full documentation and knowledge base at docs.alpacadex.com. For tokenomics details, visit alpacadex.com/tokenomics. The development roadmap is available at alpacadex.com/roadmap. You can also reach the Alpaca DEX team through the community channels listed on the website.