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ShotgunFun Launches Solana Trading Terminal Offering Up to 100% Fee Cashback

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Photo: ShotgunFun
Photo: ShotgunFun

Solana-based trading terminal ShotgunFun has launched a new service that returns trading fees to users.

ShotgunFun said June 11 that it had rolled out a trading terminal offering cashback of up to 100% on trading fees. Cashback starts at 50% and increases in stages based on trading volume.

A trading terminal is a professional platform that provides market analysis and trading services such as order placement and position liquidation. ShotgunFun said trading fees have until now gone entirely to terminal operators. Its new service is designed to change that structure by returning fees to users.

The platform also features a fully non-custodial structure. ShotgunFun does not directly hold user assets, and key management is encrypted through a turnkey system. The company said only users are granted access to their keys.

It also includes tools for discovering new tokens, copy trading and instant chart-based execution. The Trenches feature shows newly launched tokens, tokens in the listing stage and newly migrated tokens in real time. The Instant Trade feature allows one-click trading directly from charts. Limit orders support automated strategies such as buying dips, stop-losses and take-profit orders.

ShotgunFun also offers a multi-wallet function that lets users manage several wallets through a single interface. Its portfolio feature shows full trading histories by wallet, profit and loss by token, and past investment performance.

The platform also includes an insider wallet tracking feature, reflecting concerns that some insiders have siphoned off hundreds of millions of dollars in profit during recent token launches. Users can review insider wallets' trading histories and copy those trades in real time.

ShotgunFun has also introduced a referral program. Users can receive up to 50% of revenue through a referral structure spanning as many as five levels. When referred users trade on ShotgunFun, the referrer also earns revenue.

The company plans to expand support to additional blockchains and add trading features based on artificial intelligence agents.

"Until now, investors have been treated like products rather than users," ShotgunFun co-founder Miguel Loures said. "ShotgunFun was built to give power back to investors."

gilson@bloomingbit.ioHello, I'm a reporter at bloomingbit
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