# Trading State After Final Launch

After a project completes the final round and enters trading:

1. The homepage and explore page show a dedicated trading project entry
2. The top of the project detail page switches to the trading view
3. The trading view includes:
   1. Token information
   2. Price and trend
   3. Trade records
   4. Holder ranking
   5. Buy / sell Swap area
4. Original project information is not removed. It remains below the trading module.

### When a Project Enters Trading State

A project must complete the final round and pass final launch review before it enters live / tradable status.

The usual requirements are:

1. Final round fundraising succeeded
2. Project owner has claimed final-round funds
3. Project owner has published required Updates
4. Project owner has submitted final launch materials
5. Platform has approved the final launch application
6. Trading-related information and Swap entry are ready

Only after these conditions are met should the project detail page switch from fundraising view to trading view.

### 用户会看到什么变化

从用户视角看，最大的变化是：

1. 这个项目不再以“融资项目”出现
2. 这个项目会以“已上线可交易项目”出现
3. 详情页最上方会先展示交易信息，再展示项目资料
4. 用户可以通过 Swap 区执行买入或卖出
5. 用户仍然可以向下查看项目介绍、团队、路线图和 Updates。这些内容可以帮助用户理解项目从融资到交易的完整路径，也方便新用户查看项目背景。

### What Project Owners Still Need to Do After Launch

After entering trading state, project owners should continue to:

1. Publish project Updates
2. Maintain official links and community information
3. Update product and roadmap progress
4. Monitor whether the trading entry works normally
5. Respond to common user questions about Token, liquidity, and project progress

Final launch is not the end of project operations. It is the transition from fundraising stage to market trading stage.


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