What is Owl1 (OWL1)?
Owl1 is a non-custodial front-end for the o1 Launchpad on the Base blockchain. It enables users to buy and sell tokens launched via o1, which trade in permanent single-sided Uniswap V4 pools. Owl1 does not launch tokens or operate its own liquidity pools; it functions as a trading interface that routes swaps through the o1 Launchpad and attaches a referral wallet to each transaction.
How does Owl1 work?
Every swap on an o1 V4 pool incurs a 1% fee, which is split as follows when a valid referrer is present: 50 basis points to the token creator, 30 basis points to the o1 platform, and 20 basis points to the referrer (Owl1). Owl1 therefore earns 0.2% on trades routed through its interface. All transactions remain non-custodial—users review and sign them in their own wallets, and Owl1 never holds funds.