Target Price & Unlocks

The target price is the core mechanism that determines when your tokens unlock. Understanding this is essential to using Streamlock effectively.

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What is a Target Price?

The target price is the market price at which your tokens become fully unlockable. It represents your conviction - the price you believe the token will reach.

• Below target: Tokens locked

• At or above target: Tokens fully unlockable

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Two Token Models

Siren Tokens

The token creator sets one target price for everyone.

Aspect	Siren
Who sets target	Token creator
Applies to	All buyers
Visibility	Shown on token page
Example	Creator sets 0.001 SOL target for all

Best for: Tokens with a clear price milestone everyone agrees on.

Ulysses Tokens

Each buyer sets their own target price when purchasing.

Aspect	Ulysses
Who sets target	Individual buyer
Applies to	Only that buyer's stream
Visibility	Only visible to the buyer
Example	Alice sets 0.001, Bob sets 0.002

Best for: Tokens where buyers have different conviction levels.

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Setting Your Target (Ulysses)

When buying Ulysses tokens, consider:

Lower Target Price

• Unlocks sooner

• Less upside potential

• Good if you want liquidity faster

Higher Target Price

• Takes longer to unlock

• More upside if price reaches it

• Good if you have strong conviction

Sweet Spot

Most users set targets at a realistic price milestone - not too conservative (unlocks too fast) and not too aggressive (may never unlock).

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Price Oracle

Target price comparisons use Streamflow custom oracles:

• Prices update based on on-chain pool reserves

• Oracle data is verified on-chain

• Unlocks calculate in real-time based on latest price

You don't need to manually trigger unlocks - the oracle tracks price and calculates unlock percentage automatically.

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Progress Tracking

On each token page (Siren) or in your stream view (Ulysses), you'll see:

Target Price Progress
━━━━━━━━━━━━━━━━━░░░░ 75%

Current: 0.00075 SOL
Target:  0.001 SOL
To go:   33% gain needed

This shows how close the current price is to your unlock target.

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What Happens at Target

When price reaches your target:

1. 100% unlockable: All tokens can be withdrawn

2. Your choice: Withdraw tokens OR sell for SOL

3. No rush: Tokens stay unlocked if price exceeds target

4. Fees apply: Sell fees decay over the unlock window (see Fee Structure)

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Common Questions

Can I change my target after buying?

No. Your target is set when you create the stream and cannot be modified.

What if price never reaches my target?

Your tokens remain locked. Choose realistic targets based on your conviction.

What if price drops after reaching target?

Once unlocked, tokens stay unlockable. Unlocks don't reverse.

Is target price the same as take-profit?

Similar concept, but unlocking doesn't automatically sell - you choose when to exit.

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Related

• Streaming Proceeds - How streams work

• Buying Tokens - Step-by-step buying guide