Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.76% | 5.36% | 31.66% | 48.48% | 5609.48% | 5609.48% |
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Data source: CoinMarketCap
PAID is the utility and governance token of Paid Network, used for crowdfunding and contract-service payments, staking rewards, and buyback-and-burn funded by protocol revenue.
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About Paid
Paid is a creator fee bridge on Solana: it aggregates fees creators are owed on social platforms and settles them through X's payment feature to a designated account, with users receiving most of the amount in dollars and the remainder used to buy back and burn tokens.
It targets fragmented creator income and long withdrawal paths, where settlement cycles, minimum thresholds and cross-border banking all erode what actually arrives. Turning collection and distribution into a protocol should compress the intermediaries. The risk hit in September 2026: a spike in daily fees overwhelmed the payout channel, X Money payments were suspended, the token fell about 47% in a day, and claims moved to a web page. The product depends on a single external payment rail, and when it breaks the core promise cannot be met.
Buyback and burn: Paid launched its issuance tool on Pons on September 19, routing 80% of creator fees to named X accounts via X Money and 20% into SOL to buy back and burn PAID; by September 26 it had spent about $550,000 and burned 36.37 million tokens, lifting market value to roughly $41 million with a 24-hour gain above 350%.
Setback: Single-day fees hit $1.54 million on September 26, about 26 times the prior day, and on September 27 the protocol paused X Money fiat payouts indefinitely, sending PAID down 47% that day; a web claims portal paying in SOL opened on September 29. Total supply is 974 million.
On September 29, 2026, UsePaid launched its web claim portal, letting users claim eligible historical creator fees (mostly in SOL) with additional methods via direct message and post tagging; its dashboard that day showed $5,043,565 in total claimed fees and $1,050,400 of $PAID burned. Earlier, on September 17, responding to disputes over X accounts being forcibly linked to tokens, the platform shipped an opt-out/unlink feature that lets a payee stop payments by logging in with their X account. On September 27, after ACH deposits failed to settle over a weekend, UsePaid imposed a temporary per-person daily cap and then fully paused X Money payouts, with historical balances kept separate and a separate claim plan in development.
Future strategy and roadmap: Going forward, UsePaid plans to expand fee claims beyond the single X Money rail into a multi-channel system: it keeps direct SOL and supported quote-asset claims while onboarding more launchpads (already live on Solana's Pumpfun and Robinhood Chain's Pons, with BNB Chain's four.meme under exploration), and sustains its 65% recipient / 25% buyback-and-burn / 10% treasury split that ties burns directly to claimed fees. The platform is also strengthening its anti-association controls to curb trader harassment and spam, aiming to convert memecoin creator fees into compliant, claimable dollars and on-chain value return without centralized custody.
UsePaid is a deliberately quiet team that opened its X account and announced a launch in August 2026.
The team speaks only through its @UsePaid account. Its members come largely from Solana indexing and payments infrastructure. Former X product head Nikita Bier called it a creative hack of the platform's financial rails and urged an opt-out.