How Owl1 works
Owl1 is a non-custodial front-end for the o1 Launchpad on Base. It routes your swaps and captures a referral fee on every trade.
Overview
Owl1 does not launch tokens or run its own pools. It is a trading layer on top of the o1 Launchpad — every market you see is an o1 token trading in a permanent single-sided Uniswap V4 pool on Base.
Owl1 adds one thing on top:
- Referral capture — Owl1's wallet is bound into every swap, earning 20 bps of the 1% fee.
How it works
Owl1 sits between your browser and the o1 Launchpad. All o1 requests flow through Owl1's server, which attaches the API key and the referral wallet — the browser never talks to o1 directly.
The referral wallet is injected server-side into the signed quote, so it cannot be stripped or tampered with by the client. That is what guarantees Owl1 earns its share on every trade routed through it.
Swap flow
A swap is a fully client-signed round trip — Owl1 only ever returns transaction steps for your wallet to sign and broadcast on Base.
- 1Quote — you pick a token and amount; Owl1 requests a signed quote and injects its referrer.
- 2Permit2 + approvals — you sign the Permit2 message and any token approvals.
- 3Prepare — Owl1 refreshes the quote into an executable swap transaction.
- 4Sign + broadcast — you sign the Universal Router swap; it confirms on Base.
Revenue sharing
Every swap through an o1 V4 pool pays a 1% fee. When a trade carries a valid referrer, o1 splits that 1% three ways:
| Recipient | Share | Who |
|---|---|---|
| Creator | 50 bps | The token launcher, set at launch |
| Platform | 30 bps | o1 Launchpad |
| Referrer | 20 bps | Owl1 — captured on every routed trade |
Owl1 is the referrer, so it earns 20 bps (0.2%) of every trade routed through it. This referral share is how Owl1 funds itself.
Risk
The tokens traded here are permissionless and may have no utility or value — prices are volatile and you could lose everything. Always DYOR and never trade what you cannot afford to lose. Nothing on Owl1 is financial advice.