Ignas|8月 24, 2026 13:19
None of the top trading platforms have tokens:
Together they generate $10m in weekly revenue but it goes to team/equity holders.
Why is that?
Probably because they don't need it:
Having a token would put pressure for revenue sharing which now they can keep.
Maybe having a token would distract from building?
Still, having no token attracts airdrop farmers? If so, they are the ones getting farmed:
BullX ran a long points campaign for a planned BULLX token airdrop since July 2024.
No token was ever issued and BullX shut down trading.
Terminal (previously Padre) which generates $670k in weekly revenue was acquired by pump fun.
Token went to zero as pump fun team stated that PADRE would no longer have any utility.
Although after backlash pump fun team gave PUMP tokens to PADRE holders.
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Still these platforms could TGE:
PUMP token mooning and high revenue shows the demand for trading platforms
Teams could make serious $$$ from TGEs so impressive top platforms aren't launching it.
Thoughts?(Ignas)
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