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LaunchTool.io Review: Legit, But Fading (2026)

We read launchtool.io's bundle and traced its fee wallet on 2026-08-04. Real tool, 0.082 SOL base fee, but not one paid launch through it in July 2026.

Gary Zhao
Gary Zhao
Founder of Alchemii ·

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LaunchTool.io Review: Legit, But Fading (2026)

LaunchTool.io is legitimate but limited. On 2026-08-04 the site loaded normally over HTTPS, and its JavaScript bundle contains an ordinary, readable, non-custodial Solana token creator: it builds an SPL mint, sets your connected wallet as authority, revokes to null on request, and takes its fee via a transfer instruction you approve. The base service fee is 0.082 SOL — lower than what its own FAQ advertises, and lower than ours. What it does not do is create a liquidity pool or burn LP; those are outbound links to Raydium. The "blocked" search results come from automated trust-score sites penalising WHOIS privacy and the word "crypto," not from any browser or wallet block.

Disclosure, up front and in full: I build Alchemii, a Solana token creator that competes with LaunchTool for the same searches. That is a real conflict of interest. My defence against it is that everything below is checkable — the fee amounts come from LaunchTool's own bundle, the usage numbers come from a Solana RPC, and I've given you the wallet address so you can rerun the query yourself.

Quick Facts (verified 2026-08-04)

SpecificationObserved valueHow we checked
Site statusHTTP 200, valid TLS, served by Vercelcurl -i https://launchtool.io → 308 to www.launchtool.io
Domain created2025-02-04 (GoDaddy, Domains By Proxy)WHOIS
ArchitectureClient-rendered React SPA, one page, anchor nav<div id="root"> is the entire <body>
Pages in sitemap1, lastmod 2025-03-13/sitemap.xml
Advertised price"0.1 SOL, which includes all fees"Site FAQ copy
Base fee in code0.082 SOLJS bundle: let Hr=.082
Per-toggle add-on+0.1 SOL × 4 (revoke freeze / mint / update, custom creator)JS bundle
Fee walletEGEoFfJm651ZDeoRc3uMz2cYSLY3Z3H2zZyfPnUb3RpvFEE_WALLET_ADDRESS constant
Most recent payment0.3820 SOL on 2026-08-04RPC getTransaction
Largest tier observed0.4820 SOL (all four toggles), several in May 2026RPC getTransaction
Priority fee set1,350,000 CU at 1,500,000 µlamports ≈ 0.002 SOLComputeBudgetProgram calls
Custody modelNon-custodial; authorities set to your pubkey then nullsetAuthority calls in bundle
Liquidity pool creationNone — outbound link to RaydiumNav href and success screen
LP burnNot offeredNo burn call in the create flow; only unused library code
Team page / docs / terms/about, /docs, /terms all 404Direct requests
Telegramt.me/Launchtool, 266 subscribersPublic channel page

Is LaunchTool.io legit? The narrow answer

Yes. And it's worth being precise about what "legit" means here, because the scam-check pages ranking for this query aren't.

A Solana token creator can fail you in three distinct ways. It can be a drainer — the transaction it asks you to sign does something other than what the UI says. It can be custodial by sleight of hand — it creates the mint with its own keypair as authority and hands you a token it can still dilute. Or it can be incomplete — it does exactly what it says, and what it says isn't enough to ship a working token.

LaunchTool is the third one. It isn't the first two.

I read the transaction-building code. The mint is created with the SPL Token Program, your connected wallet is the payer and the initial mint and freeze authority, and each revocation is a setAuthority call moving that authority to null — the same instruction described in the token program reference. An associated token account is created for your wallet and the full supply is minted into it. The service fee is a SystemProgram.transfer appended to the same instruction list, going to a hard-coded address. You sign one transaction. Nothing in the bundle asks for a seed phrase.

That's the standard shape. If the authority vocabulary is unfamiliar, what mint authority actually controls is the plain-English version, and it's the single most important thing to get right on any tool.

What LaunchTool.io actually charges

Here is the most interesting thing I found, and it's mildly in LaunchTool's favour.

Its FAQ says: "The cost of creating the Token is 0.1 SOL, which includes all fees needed for the SPL Token creation." The code says something different. The fee variable starts at 0.082 and adds 0.1 for each enabled toggle:

ConfigurationTo LaunchTool's fee walletRealistic all-in
Bare mint, no revocations0.082 SOL~0.10 SOL
Revoke freeze only0.182 SOL~0.20 SOL
Revoke freeze + mint0.282 SOL~0.30 SOL
All three authorities revoked0.382 SOL~0.40 SOL
All three plus custom creator metadata0.482 SOL~0.50 SOL

The "all-in" column adds roughly 0.02 SOL of mint rent, associated-token-account rent, Metaplex metadata rent, the Metaplex protocol fee, and the ~0.002 SOL priority fee LaunchTool hard-codes. So the advertised 0.1 SOL is a fair round number for a bare mint. It is not the price of a properly revoked token, and the FAQ doesn't say so.

I verified the arithmetic against the chain rather than trusting my own reading. Successful payments to EGEoFfJm651ZDeoRc3uMz2cYSLY3Z3H2zZyfPnUb3Rpv land on exactly these amounts: 0.1820 SOL on 2026-07-28, 0.3820 SOL on 2026-08-04, and a run of 0.4820 SOL payments through May 2026. Base plus one toggle, base plus three, base plus four. The code and the ledger agree.

Compared to us, honestly: Alchemii charges 0.1 SOL base with a locked-on 0.1 SOL freeze revocation, so 0.2 SOL minimum, ~0.21–0.22 SOL all-in. At full revocation we're at 0.4 SOL, ~0.41 all-in. Like for like, LaunchTool takes 0.018 SOL less than we do at every tier — 0.182 against our 0.2, 0.382 against our 0.4. (The all-in column above uses a slightly fatter adder than our own ~0.01 SOL network-and-rent estimate because it also carries the Metaplex protocol fee and LaunchTool's hard-coded priority fee; the fee-wallet column is the clean comparison.) We are not the cheapest tool on Solana and this article isn't going to pretend otherwise — the cost breakdown and the cost calculator show the whole range, including the ~0.0191 SOL protocol floor that no tool can go below.

The difference between the two isn't 0.018 SOL. It's what happens after the mint exists.

Where LaunchTool stops

LaunchTool's navigation has an item called "Create Liquidity." I clicked it expecting a flow. It's an anchor tag with target="_blank" pointing at raydium.io/liquidity/create-pool/. The success screen you see after minting links to the same URL.

That is the entire liquidity story. LaunchTool mints and revokes. Everything after that — choosing a pool type, funding it, and burning the LP tokens — you do yourself on Raydium's pool creation flow, at roughly 0.4 SOL of non-refundable pool rent on top of whatever you paid LaunchTool, plus the pool's own fee tier applied to every trade afterwards.

There is no LP burn anywhere in LaunchTool's product. Burn instructions do exist in the bundle, but only as dead weight inside the bundled SPL-token and Metaplex libraries — nothing in the app ever calls them, and there is no UI for it. That's the step that produces the trust signal buyers actually check, and it's the one most likely to be skipped by someone who thought the tool handled everything. If you go the LaunchTool route, budget for it and read how to burn LP tokens on Solana and what LP burn proof to publish before you start, not after.

This is the honest split between the two products. LaunchTool is a mint-and-revoke utility. Alchemii bundles the mint, the revocations, the Raydium pool and the LP burn into one flow so the four commitments that correlate with survival are live at minute zero rather than three sessions later. Whether that's worth 0.018 SOL is your call — but they aren't the same purchase.

Why "launchtool io blocked" is in your autocomplete

This is the query that brought a lot of people here, so let's answer it precisely.

Nothing blocked launchtool.io for us. On 2026-08-04 the apex domain returned a 308 redirect to www.launchtool.io, which returned HTTP 200 with a valid certificate and no browser interstitial. Phantom did not warn. Chrome did not warn.

What exists instead is a layer of automated reputation sites. ScamAdviser rates launchtool.io 26 out of 100 and labels it "Likely Unsafe." Its stated negatives are worth reading closely:

  • "The website's owner is hiding his identity on WHOIS using a paid service"
  • "This website does not have many visitors"
  • "We detected cryptocurrency services which can be high risk"
  • "Several, mainly negative reviews were found for this site"
  • "It appears that this website trades NFTs"

Four of those five are category penalties, not findings. Domain privacy is default at most registrars. Low traffic is true and relevant, but it's a popularity measure, not a safety one. "We detected cryptocurrency services" is a tautology for a token creator. And "it appears that this website trades NFTs" is simply wrong — LaunchTool uses a Metaplex library that also handles NFTs, which is what the scanner is pattern-matching on.

The same report's positive column, which nobody quotes, says the SSL certificate is valid and "DNSFilter considers this website safe." These scores are generated without anyone reading the code. Run the same scanner against most legitimate Solana dApps and you get a comparable number.

There is one real signal in the neighbourhood, though. A lookalike domain — launchtool.one, registered 2026-02-26 through a different registrar — is listed on MetaMask's and SEAL's phishing blocklists, and two of ninety-three VirusTotal engines flag it. It does not currently resolve to an IP address, which usually means parked-and-waiting rather than retired. LaunchTool's own homepage carries the line "Beware of fake projects impersonating as LaunchTool.io is the only official domain." That warning is justified, and it's the actual risk to a user searching this term: typing the wrong TLD into the address bar. Lookalike-domain phishing is the dominant attack pattern against Solana users generally, which is why our security page leads with address verification rather than with the tool.

The usage collapse

I pulled the fee wallet's entire signature history from a public Solana RPC: 39,265 signatures, the oldest dated 2025-02-08, four days after the domain was registered. Here is the monthly count, complete from July 2025 forward:

MonthTransactionsSucceeded
2025-072,2871,594
2025-082,4061,554
2025-092,7071,690
2025-102,0861,329
2025-11691528
2025-12313262
2026-01327244
2026-02323266
2026-03285244
2026-04127120
2026-059885
2026-069892
2026-072623

September 2025: 1,690 successful transactions. July 2026: 23. That's a decline of roughly 98.6% over ten months.

Then I opened the transactions themselves, because a signature touching the fee wallet is not a token launch. Sweeps are in there, and so is a steady drip of 0.000001 SOL dust transfers that has nothing to do with anyone paying for a mint. So I checked the balance change on the wallet side of each one and counted only inbound amounts of 0.08 SOL or more — the floor of LaunchTool's own fee schedule.

That is a bleaker picture than the transaction count. In May 2026, 23 of the 85 successful transactions were fee payments. In June 2026, 13 of 92. In July 2026, none. The only large inbound that month was 2.315818 SOL on 2026-07-01, immediately followed by 1.58 SOL and 0.807 SOL leaving again — operator plumbing, not a customer. A sample of 40 successful September 2025 transactions found 18 fee payments, which extrapolates to roughly 760 paid launches that month.

So the honest version of the headline is harder than 1,690 to 23: somewhere around 760 paid launches in September 2025, and zero in July 2026. One payment has landed since — 0.382 SOL on 2026-08-04, the day I checked. The extrapolated September figure is a sample, not a census; the monthly zero is not, because I opened every July transaction individually.

One caveat in LaunchTool's favour, which I could not measure: the whole Solana token-creation category cooled over the same period, so some unknown share of this is the market rather than the tool. I did not quantify that, and you should not read the curve as proof LaunchTool lost a race it was running alone.

The wallet held 0.568 SOL when I checked, which means proceeds are being swept out regularly. The tool is maintained enough to still work. Whether anyone answers a support message is a different question — the Telegram channel has 266 subscribers, the footer still reads "Copyright © 2025," and /about, /docs and /terms all return 404.

Trust signals LaunchTool doesn't provide

Things I looked for and did not find, each of which is a fair thing to want from a tool you're paying:

  • A named team or company. WHOIS is proxied, there's no about page, and no individual is associated with the project anywhere on the site.
  • A verifiable audit. The FAQ says "Our dApp is audited." The word "audit" appears exactly once in the entire front-end bundle, in that sentence. No auditor, no report, no date. Unverifiable claims are worse than no claim.
  • Terms of service or a privacy policy. Both 404.
  • Any documentation. The product is one page with anchor links.
  • Open-source code. No repository is linked. The bundle is minified, which is normal, but there's nothing to compare it against.
  • Post-launch tooling. Once your mint exists, LaunchTool is finished. No metadata updates, no airdrop, no holder tooling. Every one of those jobs — starting with editing token metadata after launch — you'll be doing somewhere else.

One operational note that cuts both ways: LaunchTool ships its RPC provider key and its IPFS pinning credential inside the browser bundle. That's extremely common for client-only dApps and these keys are usually domain-restricted, so it isn't a user-funds risk. It does mean the token metadata you upload is pinned through a third-party account you have no relationship with. If that pin lapses, your token image stops resolving — a failure mode we've written about in why Solana token images stop showing.

Who should use LaunchTool.io

Reasonable fit: you want the cheapest possible bare SPL mint, you already know how to create and burn a Raydium pool yourself, and you don't need anything after the mint. At 0.082 SOL base it's genuinely inexpensive, and the transaction it builds is clean.

Poor fit: you're launching a memecoin and expect the tool to get you to a tradeable pair. It won't. You'll finish the LaunchTool flow holding a mint and a metadata URI, and the two steps that decide whether buyers trust you — pool creation and LP burn — are still ahead of you, at a further ~0.4 SOL and a manual process. That gap is where most first launches go wrong, and it's a large part of why 87% of Solana memecoins die inside 24 hours.

Before you commit either way, run the mint you're considering through a token audit and read how to verify a Solana token so you know what the finished state is supposed to look like. If you want the full field rather than a two-way comparison, we score seven tools in Solana token creator reviews and eight platforms in best Solana launchpad 2026, and the side-by-side creator comparison is the condensed version. Our Smithii comparison is the closest analogue to this review in structure.

And if the reason you're shopping for a token creator is that you expect the token to pay you, read how meme coin creators actually make money first. The honest answer changes what tool you need.

Verdict

LaunchTool.io is a legitimate, functional, slightly cheaper, substantially narrower Solana token creator, run anonymously, currently operating at a rounding error of its 2025 volume — single-digit paid launches a month, and none at all in July 2026. The scam-check sites that rank for its name are wrong about the danger and right, by accident, about the caution — anonymity and a fading footprint are real considerations, just not the ones their algorithms cited.

If you want the mint alone and you'll handle the rest, it works. If you want a token someone can actually buy, budget for the parts it doesn't do.

Limitations of this review

This review is a code-and-chain read performed on a single day. It does not cover:

  • A completed paid launch. We read LaunchTool's transaction-building code and traced its fee wallet, but did not push a paid mint through the flow on 2026-08-04. Fee constants and instruction order come from the bundle and are corroborated by on-chain payment amounts, not by our own receipt.
  • Server-side behaviour. Only the client bundle is readable. If LaunchTool operates a backend that does anything beyond IPFS pinning, we can't see it.
  • A line-by-line security audit. "The instructions look standard" is not the same as "formally verified." Nobody has published an audit of this code, LaunchTool included.
  • The launchtool.one lookalike. We confirmed its blocklist and VirusTotal listings and its registration date, but did not investigate who runs it or what it served when it resolved.
  • A per-transaction census of 2025. The paid-launch counts for May, June and July 2026 come from opening every successful transaction in those months. The September 2025 figure is extrapolated from a 40-transaction sample and should be read as an order of magnitude.
  • Historical price changes. The 0.082 SOL base is what the bundle contained on 2026-08-04. Earlier fee levels are not reconstructed here, and the fee-wallet amounts we sampled are recent ones.
  • Reddit and Trustpilot sentiment. We found no substantial first-hand user discussion to summarise, so none is characterised here.
  • Any judgement about whether launching a token is a good idea. It usually isn't. This review only compares tools for people who have already decided.

FAQ

Is LaunchTool.io legit?

Yes, in the narrow sense that matters: it is a real, working, non-custodial Solana token creator, not a wallet drainer. On 2026-08-04 we loaded the site, read its JavaScript bundle, and confirmed the create flow builds a standard SPL mint, sets your connected wallet as the authority, and charges a fee by a plain SystemProgram transfer you approve yourself. Its fee wallet's history starts on 2025-02-08 and has been receiving those payments ever since, though at a small fraction of its 2025 rate. The caveats are anonymity, a thin feature set, and collapsing usage — not theft.

Why do people say launchtool.io is blocked?

Because automated scam-check aggregators rate it badly, not because browsers or wallets block it. ScamAdviser rates launchtool.io 26 out of 100 — "Likely Unsafe" — citing WHOIS privacy, low traffic, and "we detected cryptocurrency services which can be high risk." Those are category penalties applied to almost every crypto site, and the same report lists a valid SSL certificate and "DNSFilter considers this website safe" as positives. Separately, a lookalike domain — launchtool.one — is listed by MetaMask's and SEAL's phishing blocklists. The .io site itself loaded normally for us with a valid certificate and no browser warning.

How much does LaunchTool.io cost?

The site's FAQ says 0.1 SOL. The code says 0.082 SOL as the base service fee, plus 0.1 SOL for each of four optional toggles: revoke freeze, revoke mint, revoke update, and custom creator metadata. So a bare mint costs about 0.082 SOL plus roughly 0.02 SOL of network and rent, a token with all three authorities revoked costs 0.382 SOL to the fee wallet, and every toggle on costs 0.482 SOL. We confirmed 0.1820, 0.3820 and 0.4820 SOL payments landing on-chain between May and August 2026.

Is LaunchTool.io safe to connect a wallet to?

The create flow we read is non-custodial: it sets authorities to your connected public key, then to null, and takes its fee through a transfer instruction inside a transaction you sign. Nothing in the bundle asks for a seed phrase or private key. Standard precautions still apply — use a burner wallet, read the transaction simulation in Phantom before approving, and confirm you typed launchtool.io and not a lookalike. LaunchTool's own site warns about impersonator domains, and that warning is warranted.

Does LaunchTool.io create a liquidity pool for you?

No. The "Create Liquidity" item in LaunchTool's navigation is an outbound link that opens raydium.io's pool creation page in a new tab. The post-creation success screen links to the same place. LaunchTool mints the token and revokes authorities; seeding the pool, funding it, and burning the LP tokens are all manual steps you perform elsewhere. There is no LP burn feature anywhere in its front-end code.

Is LaunchTool.io audited?

It claims to be. Its FAQ reads "Our dApp is audited and used by hundreds of users every month." No auditor is named, no report is linked, and the word "audit" appears exactly once in the entire front-end bundle — in that sentence. An unnamed, unlinked audit claim is not verifiable and should be treated as marketing copy. The transaction-building code is readable and looks standard, which is the more useful assurance.

Is LaunchTool.io still being used?

Barely, compared to its peak. Transactions touching LaunchTool's hard-coded fee wallet peaked in September 2025 at 2,707, of which 1,690 succeeded. In July 2026 there were 26, of which 23 succeeded. Opening those 23 individually, none was a payment matching LaunchTool's fee schedule — the rest were dust transfers and operator movements, so July 2026 saw zero paid launches through this wallet. The wallet is not dead: a 0.382 SOL payment landed on 2026-08-04. But the tool is running at a tiny fraction of its 2025 volume, which matters if you care whether anyone will be around to answer a support ticket.

Sources

  1. launchtool.io — the reviewed product; homepage copy, FAQ text, navigation targets and the JavaScript bundle containing the fee constants and FEE_WALLET_ADDRESS. Competitor citation, retrieved 2026-08-04.
  2. LaunchTool on Telegram — subscriber count and support handle, retrieved 2026-08-04.
  3. Solscan — LaunchTool fee wallet — public view of the address whose transaction history produced the monthly table.
  4. SPL Token Program documentation — mint creation, authority types, and the setAuthority semantics used for revocation.
  5. Associated Token Account Program — the account the initial supply is minted into.
  6. solana-program/token on GitHub — reference implementation of the instructions LaunchTool builds.
  7. Solana docs — transaction fees — base fee, priority fees and compute-unit pricing, the basis for the ~0.002 SOL priority-fee estimate.
  8. Solana docs — transactions and instructions — how the fee transfer and mint instructions ride in one signed transaction.
  9. Metaplex Token Metadata — the metadata account LaunchTool creates and the rent it requires.
  10. Raydium — create a CPMM pool — the manual step LaunchTool links out to.
  11. Raydium — CPMM fees — ongoing trade fees once a pool exists.
  12. Phantom — Solana tokens explained — wallet-side view of what a finished SPL token looks like.
  13. ScamAdviser — launchtool.io — the 26/100 "Likely Unsafe" score and the five negative and two positive highlights quoted above, retrieved 2026-08-04.
  14. PhishDestroy — launchtool.one — blocklist and VirusTotal detections for the lookalike domain, retrieved 2026-08-04.

Gary Zhao is the founder of Alchemii, a Solana token creation and liquidity tooling platform. He builds and maintains the same category of product LaunchTool ships, which means he reads competitors' transaction-building code the way most people read a menu. This review is based on LaunchTool's own JavaScript bundle and on the transaction history of the fee wallet hard-coded inside it — the address is in the table above, and every number here can be reproduced with a public RPC and about ten minutes.

Want the mint, the revocations, the Raydium pool and the LP burn in one product instead of four sessions across three sites? Start a launch on Alchemii, or price the whole thing first before you connect a wallet.

Your token can be live on Solana mainnet in about five minutes

One signed transaction creates the mint, writes the Metaplex metadata, sends you the full supply and — if you ask for it — revokes mint authority and gives you an address ending in pump. A flat fee charged once, never a percentage of your trading volume. Every extra is itemised with your exact SOL total before you connect a wallet.

Related Topics

More guides covering the same Solana token creation, mint authority, LP burn, Raydium liquidity, and memecoin launch topics.