What Is Bullcheese?

The Meme Central Editor·5 min read·Updated 14 Sept 2026

Bullcheese is a TrustSwap-built memecoin launchpad for Circle's Arc. What it does, how single-sided launches work, lock treatment, how to check a token.

Checked against bullcheese.fun on 14 September 2026.

What it is

Bullcheese is a memecoin launchpad built by TrustSwap for Arc, the Layer 1 blockchain created by Circle that uses USDC for gas. It launches tokens single-sided, with no bonding curve and no graduation, and locks liquidity through Team Finance's audited contracts rather than burning it.

If you have used a launchpad on Solana or Base, the thing to unlearn is the curve. A Bullcheese token opens as an ordinary pool on a public decentralised exchange and stays one.

Who's behind it

TrustSwap, a named company that runs token locking and launch infrastructure. That matters mainly because you can look the operator up. TrustSwap also operates Team Finance, the locking service Bullcheese uses. Read that both ways: one accountable party, and a lock not enforced by an unrelated third party.

Mechanism

A single-sided launch puts a token's entire supply into one concentrated liquidity position above spot price, so the creator needs no paired capital, no bonding curve and no graduation event. On Bullcheese the position is locked, not burned, so trading fees stay claimable by the creator.

In practice: the creator supplies a name, a ticker, a supply and a little USDC for gas. No second asset is paired. The whole supply opens in one concentrated range above the current price, and buys walk the price up through it. The first trade happens on a real pool, so the token is charted and routable by aggregators from the start.

Fees

75% of trading fees go to the token's creator, per TrustSwap, the operator (Sept 2026; documentation at bullcheese.fun/docs/fees). The platform's own share is not something the operator states as a number, and this guide does not infer it. There is no upfront launch fee and no paired capital requirement, per the same source.

Lock treatment

Liquidity is locked, not burned, through Team Finance's audited contracts. The distinction is the whole argument: a burned position cannot be withdrawn and also cannot pay its fees to anyone, ever. A locked position cannot be withdrawn for the duration of the lock, but the fee stream stays claimable. The initial lock is 90 days; after 90 days the creator can relock the position and keep the whole fee stream. Every token page shows the lock record and its unlock date — per TrustSwap, the operator (Sept 2026; see bullcheese.fun/locked-not-burned).

"Audited" here attaches to Team Finance's locking contracts, audited by Certik, Hacken and BailSec. It does not mean an audit of Bullcheese's own launch contracts, and you should not read it that way.

Status

Not live. Bullcheese launches on 16 September 2026, the day Arc's public mainnet opens, per TrustSwap, the operator; the site still shows a waitlist. Anything claiming to be a live Bullcheese token before then is not one.

How to verify a token launched there

Once launches open, four checks, none of which require trusting the launchpad's own interface:

Find the pool on-chain. Look the token contract up on Arcscan, Arc's block explorer. Confirm the source is verified and read the holder list. If one non-pool wallet holds most of the supply, you know who sets the price.

Find the lock record. A Bullcheese lock should be a position held by a Team Finance locking contract with an unlock date you can read. Check it on team.finance by pool address, not by screenshot. No lock record means treat the liquidity as withdrawable.

Check that fees are claimable and liquidity is not. This is the claim that distinguishes the model, so test it: the locking contract should permit fee collection while blocking withdrawal of the position. If you cannot see that split in the contract, it is a marketing line rather than a verified property of the token in front of you.

Check the pool on a chart. Pull the pair up on DexScreener, or any chart that indexes Arc pools. Depth, age and trade count tell you more than any launchpad badge.

Risks

Bullcheese is permissionless, which means nobody is screening the tokens on it. The mechanism removes some failure modes — no graduation to fail or get sniped, no burn that destroys the fee stream — and removes none of the ordinary ones. A token can be launched by anyone, abandoned in an hour, and go to zero with its liquidity still perfectly locked. A lock is a statement about liquidity, not about the project.

Two things to hold in mind. Locked is not burned: the position has an unlock date, so read it rather than assume it. And the venue has no track record — it has not processed a single launch as of this check. Treat early tokens on any new venue as unproven infrastructure as well as unproven tokens. Bullcheese is one of several launch venues on Arc, and their published models differ; memecentral's comparison of Bullcheese, ARCLaunch, Arch and Sharc sets them side by side from what each publishes.

FAQ

What is Bullcheese?

When does Bullcheese launch?

Bullcheese launches on 16 September 2026, the day Arc's public mainnet opens, per TrustSwap, the operator. As of 14 September 2026 the site shows a waitlist and no live launches.

Does a Bullcheese launch cost anything?

There is no upfront launch fee and no paired capital requirement, per TrustSwap, the operator (Sept 2026). A creator needs a small amount of USDC for gas, because USDC is Arc's gas token.

Is Bullcheese liquidity burned?

No. Bullcheese locks liquidity through Team Finance's audited contracts rather than burning it, which is what keeps the trading fee stream claimable by the creator. A locked position still exists and still has an unlock date you can read on-chain.

Bullcheese is a permissionless launch venue. Tokens launched on it are created by anyone, carry no endorsement, and can go to zero. Nothing here is financial advice.

Not financial advice. Memecoins are extremely high risk.

Disclosure: memecentral is built by TrustSwap, and Bullcheese is a TrustSwap product.