$SHOVEL

Everyone on Arc is selling shovels.

$SHOVEL is the one guy who showed up to dig.

Grab a shovel

CA

Topsoil · the census

We counted the street.

Arc mainnet opens to everyone on 16 September 2026. We pulled the chain, the explorer and DexScreener that same day, and every number here with a date next to it comes from that pull.

44

launchpads named in public lists of Arc projects. About 23 of them already run on mainnet; the rest are sitting on a waitlist or a countdown.

Lists from @ChargedVentures, @StarPlatinum, TechFlow, Odaily and KuCoin. Sites checked 16 Sep, 12:10–12:25 UTC.
37,784

different tokens landed in new Uniswap pools on Arc in a single day. Every dot in this pile stands for a hundred of them.

Pools created 15 Sep 11:53 → 16 Sep 12:20 UTC, read straight from Arc RPC. Fewer than 0.5% of those tokens have any liquidity, so the pile gets one lit dot.
1, 2, 3

The three most traded tokens in the 1,203 Arc pairs we pulled all belong to launchpads, so the podium is a shovel, a shovel and a shovel.

24h volume on DexScreener, 16 Sep 12:24 UTC. Fourth place is CRCL with $11.5M.
44%

of the volume in that same pull went to eleven launchpad tokens: $71.2M out of $161.7M. Yes, 44 again; we recounted it from the raw file.

ARGUS, TOLLY, Minara, LONG, creo, WARP, BOZO, LIFT, ELLIPSE, ARCH and Dyor. We didn't try to strip out wash trading.

Nobody on Arc is buying what the shovels dig up. They're buying the shovels.

Clay · the clone layer

A foot down, it's the same coin again and again.

These tickers kept coming back in that day's new pools. One shell is ten copies.

ARC 1,097 copies
USDC 337 that aren't USDC
ARCAT 167 copies
TEST 162 copies
ARCHITECTS 135 copies
ARGUS 117 copies of a launchpad token

A single factory contract made roughly 29,000 of the 37,347 new v4 pools that day, which is about 78% of them from one printing press.

Rock · the note

So what is $SHOVEL?

It's the miner. Every stall up on that street is waiting for one customer who actually digs, and here he is.

Nothing behind it is trying to sell you anything. Crossed off the list:

  • launchpad
  • fee switch
  • points
  • vault
  • roadmap

If you hold it, you're digging. That's the whole mechanism, and it fits on this note with room to spare.

signed, the guy in the hole

Bedrock · how to dig

Four panels, no manual.

  1. 1

    Get USDC onto Arc. Gas on Arc is paid in USDC too, so bring a little extra.

  2. 2

    Swap it for $SHOVEL. The contract goes up on this page and on X the minute it exists.

  3. 3

    Dig. Post your hole and tag $SHOVEL.

  4. 4

    Don't sell your shovel to the guy who sells shovels.

Keep digging.

Grab a shovel Follow the dig

CA