Bullcheese Opens on Arc Tomorrow: What the Desk Knows

Bullcheese, the memecoin launch venue built by TrustSwap, is due to open to the public tomorrow, 16 September 2026, the day Arc opens its public mainnet, and is, on this desk's tracker, the only one of the seven venues attached to the chain that has published a creator fee share, a lock term and a relock term ahead of opening. That last point is the one this desk can verify today. The rest — who launches, what trades, whether the flow holds — is a question for tomorrow, and nothing below pretends otherwise.

The venue is a TrustSwap product. 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. TrustSwap also operates Team Finance, the locking service Bullcheese uses, and this publication.

The 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.

That places it in the same structural family as Arch, which describes launching "in single-sided Uniswap V3 pools against USDC, with permanently locked liquidity" (verified 14 September 2026), and apart from the curve-and-graduation venues such as Sharc, whose site states that liquidity "is locked forever at graduation." The difference between the two single-sided venues is the fee treatment under the lock: Arch has not published whether accrued fees remain claimable once its liquidity is permanently locked, while Bullcheese states that they do — 75% of every trading fee goes to the creator, and after 90 days the creator can relock the position and keep the whole fee stream. Neither claim protects a buyer from anything beyond the liquidity being pulled. Bullcheese's claim will be checkable on-chain once a position exists; Arch's fee treatment is not published.

What is due to open

The launch flow is due to go live on bullcheese.fun on 16 September, the day Arc's mainnet opens. Launching, as the operator describes it, requires no paired USDC and no upfront fee, only enough USDC to pay Arc gas. Tokens are to be tradable in an ordinary DEX pool from the first block, which means they can be seen on DexScreener, or any chart that indexes Arc pools, without the venue's involvement.

The operator has published the terms it intends to open under: the 75% creator share, the lock through Team Finance's contracts, and the 90-day relock. It has not published a launch hour, and this desk has not been given one. The venue's site currently carries a waitlist counter reading 3,400+; that is a count of sign-ups, not of tokens, and it is reported here as the site shows it.

What is not known yet

No token has launched through Bullcheese, because the venue is not open; the chain it runs on opens tomorrow, and so does the venue. There is no first launch, no first-day volume, no median, and no lock record to read. Any figure attached to Bullcheese before then is a projection, and this desk does not print projections as figures.

Three things will be checkable on the day and will be checked. First, whether the first token deployed through the venue appears on Arcscan with a pool and a lock record that match the operator's published terms. Second, whether the position is held by Team Finance's locking contracts, as stated, rather than by a venue-controlled address. Third, whether the fee split written on bullcheese.fun is the split the contract enforces. Those are the claims the operator has put in writing; the desk's job tomorrow is to read them off the chain.

Whether any of it holds is a question for week two rather than day one. The precedent this desk keeps returning to is Robinhood Chain, where the venue that was effectively the chain's issuance layer for its first eleven days was dark inside a fortnight, and the venue that now leads on fees was not a day-one venue. Arc's field is wider, with seven venues attached to a chain that opens tomorrow, and none of it has yet been tested by a day of volume, let alone a month.

Sourcing

Bullcheese's mechanism and terms are stated as the operator states them, at bullcheese.fun and in TrustSwap's own published material, and are marked here as the operator's claims until a mainnet position exists to check them against. Competitor descriptions are quoted from each venue's own site, verified 14 September 2026, and carry no characterisation beyond what those sites publish; where a venue has published nothing, this piece says so. Launch times, deployment counts and pool figures, when there are any, will be read from Arcscan and from DexScreener, or any chart that indexes Arc pools, at the times stated, not from the venue's announcement. Corrections go to the Arc desk.

Sources: arc.io/blog, "Arc Mainnet Launches September 16, 2026" (15 Sep 2026) · bullcheese.fun (15 Sep 2026) · TrustSwap, the operator (Sept 2026) · team.finance, audit list at docs.team.finance/team-finance-security-and-audits (14 Sep 2026) · thearch.fun (14 Sep 2026) · sharc.fun (14 Sep 2026) · Arc launchpad tracker, this desk (14 Sep 2026).

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.

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