GraFun operates a meme-coin launch and trading platform focused on fair, accessible token creation. Its launch tools support BSC, Ethereum, Conflux, Near, and TON, with Fair Curve, Classic Bonding Curve, and Alpha Launch methods. The Fair Curve uses contribution fees and creates a token-holder DAO treasury after a liquidity milestone, while Alpha Launch provides managed liquidity, airdrops, and anti-sniping settings for experienced teams.