FAZE operates as a token launchpad and trading interface constructed directly on Arc. It allows creators to issue tokens using adjustable bonding curves, define fundraising goals and pool fees, and secure permanently locked Uniswap v4 liquidity once the token graduates. Optional functionalities for launches encompass automatic liquidity compounding, token buybacks and burns, transferable fee rights, and an on-chain mechanism for community takeovers. The platform also features a unified trading terminal that offers token discovery, swaps, watchlists, wallet tracking, creator stats, market analytics, and profit-and-loss data at the wallet level. USDC is used to collect trading fees, enabling both creators and the platform to earn revenue without needing to sell the newly launched token.