Catapult
PULT
Gamified on-chain trading platform
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This content is generated by RD AI and is for reference only
Catapult is a gamified on-chain trading platform offering two modes: Turbo and Hyper. Turbo mode uses algorithmically generated price charts without requiring real liquidity pools. Traders can buy and sell within a fixed lifetime, prices are unaffected by trades, and outcomes are verifiable. Hyper mode connects to Hyperliquid's live markets, allowing users to trade real perpetual contracts with social and gamified features. The platform incentivizes both creators and traders through its token economy: creators can launch tokens and earn a share of trading fees, while traders profit from price movements. The core mechanism ensures fairness: all price paths are precomputed and hash-published, guaranteeing no informational advantage.
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About Catapult
Catapult Trade is a token launch platform on HyperEVM with a two-phase system: Turbo, a simulated environment, and Hyper, the on-chain infrastructure. Every token must first prove demand in Turbo through simulated trading, and only after reaching a volume threshold is it automatically deployed to Hyper's on-chain liquidity pool as an Omnichain Fungible Token, available across multiple chains. This addresses common launch failures such as bot front-running, early dumps, and insufficient liquidity, because the simulated phase uses a Geometric Brownian Motion engine with pre-committed hashes, making price manipulation impossible for traders or creators.
The core value proposition is a verifiably fair mechanism that separates demand proof from liquidity deployment, combined with gamified trading experiences for short attention spans. The market pain point is that most token launches fail before reaching real markets due to lack of genuine interest validation. Catapult filters tokens through a volume-based graduation threshold, reducing zombie tokens.
In the past six months (March to September 2026), the platform continued operating, surpassing $1.1 billion in cumulative trading volume and reaching 77,000 monthly active users. New products such as Gamified Futures were introduced or announced, though details are limited. A notable negative event occurred in Q1 2026: a server incident affected roughly 1,675 users for two hours, with same-day refunds issued. Additionally, the simulated environment's demand signal is only a proxy, so some graduated tokens may still face thin on-chain liquidity.
Catapult Trade launched its closed beta in September 2025, followed by a full public launch in December 2025 with its algorithmic iTrading engine and five volatility modes. In Q1 2026, during a high-load incident, the team publicly took responsibility and refunded 1,675 affected users, demonstrating operational accountability. In March 2026, KuCoin Ventures led an investment round, marking institutional backing. By August 2026, Catapult had raised $6.6M across four rounds, with backers including KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC. The platform surpassed $6B in cumulative trading volume and $3.3M in net revenue before its token launch. Independent audits by Halborn and Hashlock verified the provably fair price engine. The $PULT token sale opened in July 2026, with a planned TGE in fall 2026, aiming for listings on 8+ exchanges and multichain liquidity via LayerZero.
Over the past six months (2026-03-04 to 2026-09-04), Catapult has achieved significant milestones. The platform has processed over $6B in cumulative trading volume and generated $3.3M+ in net revenue since its December 2025 launch, all before the token launch. In July 2026, the $PULT Early Public Sale opened (July 6–31) at $0.06 per token, with a $3.6M hardcap and 60M tokens (6% supply) allocated. The sale closed fully, raising $3.6M, and the project secured a $6.6M total raise across Seed, Private, KOL, and Early Public rounds. Key partnerships include integrations with Binance, KuCoin, and Gate wallets, plus an investment from KuCoin Ventures. The TGE is targeted for Q3 2026, with confirmed listings on 8+ centralized exchanges and omnichain deployment via LayerZero across BNB Chain, Base, Solana, and HyperEVM. Future roadmap includes three new products: Gamified Futures, a gamified prediction market powered by Obsidian, and TradFi & Crypto Classic Futures. The token economy features revenue-funded buybacks and burns, with a portion recycled into ecosystem rewards. The platform remains focused on provably fair trading via Geometric Brownian Motion, audited by Halborn and Hashlock.
Co-founder: Forked By Zero (Twitter: https://x.com/forkedby0). No reliable information available for other co-founders or core executives.