$PULT Public Sale: Structure, Stakes, and Why Now

By the time $PULT goes on sale, Catapult Trade already has 85,000 monthly active users, $6B+ in notional trading volume, and $4M in net revenue, all generated before a single token exists. Catapult Trade has been live since December 2025. The $PULT Early Public Sale opens July 6th and runs through July 31st, 2026, exclusively on our own platform.

On Catapult Trade

Catapult Trade runs two products on one shared token economy.

Turbo generates permanent, high-volatility synthetic markets on an algorithmic price engine built on Geometric Brownian Motion. Charts don't require an order book or an LP. Consequently, you don't compete with a counterparty that can impact the chart on a whim, but with a system that has no attachments and is verifiably neutral. Catapult Turbo is a provably fair mathematical engine for trading: something that hasn't been tried before at scale. 

We've created a new concept: iTrading, which combines iGaming mechanics with an all too familiar leveraged trading front end. 

Catapult Hyper is the mobile-native, social distribution layer front end for real Hyperliquid perpetual futures, routed through builder codes. It's built around short trading loops, a social feed, and gamification aimed at mass-consumer attention spans instead of professional desk traders. Hyper's wider alpha launches in Q4, timed close to TGE. That puts a second, independent revenue stream into the token economy almost immediately after listing.

$PULT sits on the foundation of a product live for eight months, $6B+ in notional volume, and $4M in revenue. The token exists to capture value the product already generates.

What $PULT Is For

$PULT is a value-capture token. Every deflationary flow below is funded by real, USD-denominated protocol revenue that buys $PULT on the open market rather than drawing down the existing supply tranche.

Five deflationary mechanisms

Turbo profit-fee burn 

50% of the 5% fee charged on winning trades buys and burns $PULT. Net effect: 2.5% of all profitable trade value on Turbo converts directly into token burn.

Hyperliquid builder-code fee burn

50% of the builder-code fees Catapult earns on Hyper (3 bps taker / 1 bp maker) buys and burns $PULT. This scales directly with routed perp volume.

AI Trade Agents deployment fee burn

50% of the fees charged to activate or deploy AI trading bots on Turbo buys and burns $PULT. This burn doesn't depend on trading volume. It scales with adoption of the AI Agent marketplace instead.

Insurance pool surplus burn

Hyper users will pay USD premiums to insure open positions. The pool holds a USD reserve target; anything collected above that target buys and burns $PULT.

Locked-stake float removal

Time-locked $PULT gates top-tier modes and VIP features (fee discounts, advanced analytics, and more). Locked supply is structurally removed from circulating float for the duration of the lock.

One incentivizing line

All loop rewards, including streak, referral, and leaderboard payouts, paid in $PULT, are funded from the Ecosystem tranche (25% of total supply), cliffed for 6 months post-TGE. This is the only structural sell-pressure mechanism in the model, bounded by the size of that tranche.

Two neutral flows

NTR staking yield

10% of monthly Net Trading Revenue, deposits minus withdrawals minus the change in outstanding balances minus liabilities such as rewards and revenue share (an accounting measure, not a separate token), buys $PULT on the open market and distributes it pro-rata to stakers as variable APY. It's a genuine buy, but most of what's distributed is likely to be resold by recipients, so the net effect on supply is closer to flat than deflationary.

Comeback bonus

The protocol buys $PULT on the open market and gifts it to losing traders, funded from USD/NTR rather than a token treasury bucket. Buy and sell pressure roughly offset.

Every burn scales with actual platform usage, trading volume, bot adoption, insurance activity, so deflationary pressure grows with the product instead of running on a fixed emissions schedule.

The Public Sale

Early Public Sale tokens are fully liquid at TGE, targeted for Q3 2026, roughly three to five months after the sale closes on July 31st. There's no vesting schedule or unlocks once TGE happens.

Tier Bonuses: Contribution Size Sets Your Entry Price

Every participant's bonus is set automatically by their total contribution across the sale window. Larger contributions unlock a larger bonus: additional tokens on top of the purchase. That lowers the effective FDV of the entry.

Effective FDV = $60M ÷ (1 + bonus%). The bonus is additional $PULT on top of what your contribution buys at the flat $0.06 price. The price never changes; what changes is how many tokens you get for the same spend. Your tier is set automatically by your cumulative contribution total once the sale closes.

Key Dates

Sale opens: July 6th, 2026 

Sale closes: July 31st, 2026 

Where: catapult.trade (Catapult Trade's own platform), exclusively. There are no launchpad or CEX allocations for this Early Public Round.

Supply & Allocation

Max supply is fixed at 1,000,000,000 $PULT.

The Early Public Sale sits inside a broader allocation:

• Seed: 6% (Terms: 25% TGE, 6 month vesting, no cliff) - RAISED
• Strategic: 5% (Equity Round will be raised in Q3 from Tier 1 VCs. This round is equity based with a token warrant; any non-converted tokens from this round will be removed from circulation at TGE)
• Private: 7% (50% TGE, 3 month vesting, no cliff) - RAISED
• KOL: 1% (40m valuation round, currently open, unlocked 100% on TGE)
• Early Public Sale: 6% (60m valuation, currently open, unlocked 100% on TGE)
• Ecosystem: 25% (funds Loop rewards; 6-month cliff, 24-month vest)
• Multichain LPs + CEXs: 20% (used to deploy liquidity on 4 different chains + centralized exchange listings)
• Community: 20% (10% distributed to early users and leaderboard participants at TGE, with 10% reserved for a first-of-a-kind "reverse airdrop" model post-TGE)
• Team: 10% (fully locked at TGE; 12-month cliff, 24-month vest)

$PULT deploys as an omnichain fungible token via LayerZero, with liquidity pools live on BNB, Base, Solana and HyperEVM at TGE.

Backers & Partners

Catapult Trade is backed by KuCoin Ventures, Oddiyana Ventures, IBC Group, and strategic private investors including the founders of LIS Skins, Key Drop, and Trady Terminal, as well as public angels such as Kyle Klemmer (Blockstreet COO & Co-founder, advisor to WLFI & USD1), MacnBTC (2017 OG Trader), Nexi (Advisor & ex-CBDO Seedify), and Aamir Ghai (ex-CSO Manta Network & Mentor @ Harvard Blockchain).

The platform's provably fair engine has been audited by two audit firms, Hashlock and Halborn. The $PULT token contract audit is scheduled to take place ahead of TGE.

What Happens After the Early Public Sale

TGE is targeted for Q3 2026, with confirmed listings across 8+ centralized exchanges on day one, supported by Tier 1 market makers.

There will be a smaller Wide Public Sale hosted on Tier 1 launchpad platforms before TGE in Q3, at a higher valuation than the Early Public Sale, aimed at the mass audience that didn't get into the Early round.

Hyper's wider alpha lands in Q3, close enough to TGE that the buy-and-burn mechanics inherit a second live revenue stream almost immediately.

Resources

Website: catapult.trade 

Hashlock Audit: https://hashlock.com/audits/catapult

Halborn Audit: https://www.halborn.com/audits/catapult-trade/token-generator-pentest-33e7e6

X: @letsCatapult