The new platform @sugardotmoney on Solana has been gaining popularity these days.
Over 700 tokens were launched within 24 hours after going live, with trading volume exceeding 4 million USD, and fee income even surpassing established platforms like Bonk/Heaven.
- The core mechanism lies in pSOL: the liquidity originally locked in the pool is returned in the form of pSOL, allowing users to exchange it for SOL, thereby enhancing capital efficiency.
- The reward methods include trading lotteries, developer incentives, creating token points, and invitation commissions, with overall activity ranking among the top on the Solana launch platform.
- Recently partnered with Raydium and Axiom, which is also seen as filling the gap left by Pumpfun's abandonment of Raydium.
Although there is still a gap compared to the giants, from the data and mechanisms, Sugar has gradually begun to establish its own position, which is worth keeping an eye on.
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The new platform @sugardotmoney on Solana has been gaining popularity these days.
Over 700 tokens were launched within 24 hours after going live, with trading volume exceeding 4 million USD, and fee income even surpassing established platforms like Bonk/Heaven.
- The core mechanism lies in pSOL: the liquidity originally locked in the pool is returned in the form of pSOL, allowing users to exchange it for SOL, thereby enhancing capital efficiency.
- The reward methods include trading lotteries, developer incentives, creating token points, and invitation commissions, with overall activity ranking among the top on the Solana launch platform.
- Recently partnered with Raydium and Axiom, which is also seen as filling the gap left by Pumpfun's abandonment of Raydium.
Although there is still a gap compared to the giants, from the data and mechanisms, Sugar has gradually begun to establish its own position, which is worth keeping an eye on.