Shotgun.fun Launches as First Trading Terminal With 100% Cashback, Starting on Solana

Jun 10, 2026, 7:00 p.m. 7 sources neutral

Key takeaways:

  • The fee rebate model could pressure DEXs, but might attract high-volume traders to Solana, boosting SOL demand.
  • Watch for sustainability concerns; if 100% cashback isn't viable, platform may lose users, affecting trading volumes.
  • The Solana ecosystem's trading infrastructure gains a competitive edge, potentially attracting more DeFi projects.

Shotgun.fun officially launched on June 10, 2026, introducing a high-performance, non-custodial trading terminal that returns up to 100% of trading fees to users. The platform, led by the founders of Pulsar Finance (acquired by Terraform Labs), aims to disrupt the traditional fee structure that has quietly extracted billions from traders.

The terminal starts with a 50% cashback rate, scaling to 100% based on trading volume. Features include a Trenches module for real-time tracking of new token launches, Trader Discovery to copy top traders, Instant Trade with one-click chart execution, and Limit Orders with stop-loss and take-profit capabilities. Multi-wallet management and comprehensive portfolio tracking are also built in.

Security is provided by Turnkey, with encrypted keys fully controlled by the user. A five-layer referral program offers up to 50% revenue share. The terminal debuts with support for the Solana blockchain, with plans to add more chains and agentic trading in the future.

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