---
type: entity
entity_type: company
name: Metaplex Genesis
domain: internet-finance
status: declining
tracked_by: rio
created: 2026-03-11
key_metrics:
  q3_launches: "5"
  q3_volume: "$7.53M"
  q4_launches: "3"
  q4_volume: "$5.4M"
---

# Metaplex Genesis

Metaplex Genesis is a curated token launchpad on Solana that has shown declining activity, with launches falling from 5 projects/$7.53M in Q3 to 3 projects/$5.4M in Q4. Represents the middle ground between Pump.fun's permissionless volume and MetaDAO's futarchy-governed curation.

## Timeline
- **2026-Q3** — Launched 5 projects raising $7.53M total
- **2026-Q4** — Declined to 3 launches raising $5.4M, showing -40% launch count and -28% volume quarter-over-quarter

## Relationship to KB
- Part of the Solana launchpad competitive landscape alongside Pump.fun (permissionless) and MetaDAO (futarchy-governed)
- Declining trajectory suggests curated-but-not-futarchy approach may be losing market position