Catapult Trade Early Public Sale Draws $2.3M Within the First 24 Hours

$PULT Early Public Round drew $2.3 million on its first day, at a token price of $0.06, representing roughly 80% of the round’s target. It follows an invite-only whitelist round that sold out within a minute of opening.

Catapult Trade is a trading platform that combines the model of a token launchpad with iGaming mechanics. Its core product, Turbo, drops the order book entirely: prices are generated by a mathematical model designed to simulate real market conditions while remaining statistically neutral. Each chart’s full price path is committed to a public cryptographic hash before trading and disclosed afterward, so anyone can confirm it was not altered. Because the path is fixed in advance, neither the team nor anyone else can move a chart once it is live: fully provably fair, with the engine audited by Halborn and Hashlock.

The project has attracted a broad group of backers over the past year. KuCoin Ventures led the investment, alongside Oddiyana Ventures and IBC Group, with angels from trading and infrastructure backgrounds. Claire “Cookie” Dang, previously in growth roles at Binance, KuCoin, and Crypto.com, joined as co-founder and VP of growth. In June, the project integrated with Binance Wallet, putting the app in front of that wallet’s users. It also ran joint reward campaigns with exchanges including Gate.

According to the company, part of protocol revenue is used to buy $PULT on the open market and permanently remove it from circulation, tying supply reduction to platform activity rather than scheduled emissions.

The token generation event is planned for the third quarter of 2026. The team says it has agreements to list $PULT on eight centralized exchanges on day one, backed by established market makers, and that the token will launch as a multichain asset, including Ethereum and Solana. Before that, a smaller public sale will run on outside launchpad platforms at a higher price, for buyers who missed the early round.

A second product, Catapult Hyper, which extends the platform into real markets, is also due for a wider release in the quarter. Its fees are expected to begin contributing to the buy-and-burn model shortly after launch.

Alongside the public sale, the project continues running a points program. According to the team, participants will receive token allocations at TGE and through a later reverse airdrop. Allocation and vesting details have not yet been disclosed.

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