> For the complete documentation index, see [llms.txt](https://docs.catapult.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.catapult.trade/about-catapult.md). # About Catapult Catapult is a token launchpad that uses algorithmic price action and volume-based graduation to reduce launch costs and eliminate early sell pressure. The app operates in two modes: **Catapult Turbo**, a simulated environment for initial activity, and **Catapult Hyper**, the on-chain infrastructure that handles trading and graduation. Instead of traditional fee structures, Catapult uses built-in revenue sharing to align incentives between the platform, creators, and traders. **Scope** The architecture is designed for multi-chain trading and launch infrastructure. Hyper introduces three specific shifts in token mechanics via **restructured bonding, reactivation and time windows.** These docs cover the current iteration: Turbo mechanics, volume-based graduation, and the first version of the Hyper terminal. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.catapult.trade/about-catapult.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.