Is the next Plasma coming? A review of the top 3 popular new projects recently.

Original: Odaily Odaily Daily

Author: Asher

The Web 3 new token season is here again.

Recently, the Sonar platform under Echo has attracted widespread attention for its unexpected returns from Plasma's new token offerings. Meanwhile, several new token offering platforms have successively launched new projects, further pushing the popularity of the new token offering sector to new heights.

Jianghu news: Participate in Plasma's new deposit of 1 USD to receive over 10,000 USD worth of XPL tokens.

Below, Odaily brings you a summary of the three hottest projects currently available for participation and discussion: Limitless, Momentum, and YieldBasis.

Limitless on the Kaito platform for new listings

Limitless Project Introduction

Limitless is currently the largest prediction market platform on the Base ecosystem, with nearly 400 million dollars in trading volume for cryptocurrency and stock price predictions. The founder previously developed a viral consumer AI product, supported by a16z, which has been downloaded 300 million times.

On July 1, Limitless announced the completion of a $4 million strategic funding round, with investments from Coinbase Ventures, 1 confirmation, Maelstrom, Collider, and others. The company had previously completed a $3 million seed round, bringing the total funding to $7 million. The new funds are intended for preparations for the upcoming TGE.

Subscribe for New Projects on the Kaito Platform

Participating website:

Participation conditions: Complete KYC certification on the Kaito platform, and need to stake more than 5000 sKATIO, with a limit of 1000 to 250,000 USD.

TGE Unlock Situation: 50% of TGE is unlocked, and the remaining 50% will be unlocked 6 months after TGE.

Current fundraising data: The fundraising has exceeded 50 million USD, oversubscribed by 50 times.

Is KYC certification required: Yes, and mainland KYC cannot be passed.

Activity deadline: October 5.

Momentum launched on the Buidlpad platform

Momentum Project Introduction

Momentum is the centralized liquidity engine of Move, which was formerly known as Momentum Safe. It provides solutions such as Multi-Sig Treasury Management, Token Vesting, and Liquidity Provisioning. Currently, Momentum has completed a $10 million financing.

Participating in New Projects on the Buidlpad Platform

Currently, Momentum's liquidity provision activity on the new listing platform Buidlpad is preparing for future new listings. Therefore, to obtain a larger share of new listings, more liquidity must be provided in this activity.

Participating website:

Participation conditions: Connect to the SUI ecosystem wallet, choose a qualifying pool, and then click “Add Liquidity”. The more liquidity you add, the more new issue shares you will receive (for a detailed tutorial, click here to jump to the official operation document). Currently, the total TVL exceeds 220 million USD.

Eligible liquidity pools: SUI–USDC, suiUSDT–USDC, LBTC–wBTC, xBTC–wBTC, xSUI–SUI.

Is KYC verification required: Yes, and KYC cannot be passed in mainland China.

Deadline for the event: October 19

YieldBasis is launching on the Legion and Kraken platforms.

YieldBasis Project Introduction

YieldBasis is a DeFi protocol designed to address the core pain point of impermanent loss for liquidity providers (LPs) in automated market makers (AMMs). The project was developed by Michael Egorov, the founder of Curve Finance, who established YieldBasis in 2024. From the very beginning, the project has focused on achieving a liquidity provision standard of “zero impermanent loss” through mathematically elegant methods, allowing users holding assets like BTC and ETH to earn market-making profits safely without worrying about losses caused by price fluctuations.

YieldBasis completed a round of $5 million in venture capital in February 2025, with a token valuation of $50 million.

Participate in new projects on the Legion and Kraken platforms

Note: Legion requires a participation threshold of 5 million USD, while Kraken operates on a FCFS (First Come, First Served) basis with a limit of 20 million USD. It is worth mentioning that YieldBasis is Kraken's first Launch project.

Event start date: Legion applies for quotas at 10 PM Beijing time on September 29, while Kraken “snatches shares” at 10 PM Beijing time on October 1.

TGE Unlock Status: TGE unlocked 100%.

Is KYC certification required: Yes, and mainland KYC cannot be passed (whereas Kraken's mainland KYC can be passed).