Cryptocurrency June 10, 2026 02:37 PM

Shotgun.fun Debuts Trading Terminal That Returns Up to 100% of Fees to Traders

Non-custodial terminal launches with tiered cashback, real-time trader discovery and Solana support

By Maya Rios
Share
Twitter Reddit Facebook LinkedIn

Shotgun.fun launched a non-custodial trading terminal that returns trading fees to users through a tiered cashback system that starts at 50% and can scale to 100%. The product includes a suite of execution and discovery tools, multi-wallet management, full portfolio history and a multi-layer referral program. The founding team previously built Pulsar Finance, and the terminal arrives initially supporting Solana.

Shotgun.fun Debuts Trading Terminal That Returns Up to 100% of Fees to Traders
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Shotgun.fun launches a non-custodial trading terminal that returns trading fees to users via a tiered cashback model starting at 50% and scaling to 100%.
  • The product offers real-time discovery and execution tools, including Trenches, Trader Discovery, Instant Trade, limit orders, multi-wallet management and portfolio history; initial support is for the Solana blockchain.
  • A multi-layer referral program offers up to 50% revenue share across five levels; the founding team previously developed Pulsar Finance, which scaled to more than one million users before being acquired.

Shotgun.fun announced the public launch of a trading terminal that returns trading fees to users instead of retaining them as revenue. The platform positions itself as a high-performance, non-custodial trading interface that offers cashback on fees, starting at 50% and scaling with trading volume toward a maximum of 100% cash returned to the trader.

Company materials frame the model as a departure from an industry norm in which fees collected by intermediaries on buys, sells and limit orders have become a persistent cost for traders. Shotgun.fun says its tiers are designed to be accessible and that reaching the 100% cashback level is an intended outcome rather than a theoretical cap.

Shotgun.fun is built on a non-custodial architecture and leverages Turnkey for key security, with the firm stating keys are encrypted and controlled exclusively by the user. That security posture is central to the terminal's positioning as a tool for traders who want custody retained in their hands.

The terminal launches with a set of execution and discovery features intended to help users trade quickly and replicate successful strategies. Key features listed by the team include:

  • Trenches - a real-time display of new token launches, graduating tokens and migrations before they reach broader market awareness.
  • Trader Discovery - a feature to identify prominent traders and follow or copy their trades in real time.
  • Instant Trade - one-click execution directly from the chart for faster entry and exit with minimal distractions.
  • Limit Orders - automated order types for buying the dip, stop loss, take profit and trailing stop loss to run trades on autopilot.
  • Multi-Wallet Management - an interface that aggregates multiple wallets while keeping user control and aiming to reduce friction.
  • Portfolio - historical performance tracking for every wallet and token, capturing profit and loss across holdings.

The company emphasizes transparency around insider activity, stating that insiders have extracted hundreds of millions from traders during recent token launches. Shotgun.fun says it will make insider wallets more visible so users can observe their trades and, where desired, copy those moves in real time.

Commercial incentives are built into the product through a referral program that offers up to 50% revenue share across five referral layers. The program is designed so users can receive earnings when their referrals trade on the terminal.

"Until now, traders have been treated as the product, not as users," said Miguel Loures, founder of Shotgun. "We built Shotgun to give the power back to the people."

Shotgun.fun launches with support for the Solana blockchain and the company says additional blockchains and agentic trading capabilities will be added in future releases. The founding team is led by Miguel Loures and Pedro Maurício, who previously built Pulsar Finance - a portfolio manager backed by Delphi Ventures that grew to more than one million users before being acquired by Terraform Labs. The team notes they have been working in this space since 2020.

About the product, Shotgun.fun describes itself as a non-custodial trading terminal offering up to 100% cashback, enterprise-grade execution and a suite of tools engineered for speed and early market visibility. The firm lists a website and a social handle for additional information.


Contact information supplied by Shotgun.fun:

Mariana Pereira
Shotgun.fun
[email protected]

Risks

  • Reaching the 100% cashback target depends on the platform's tier and volume mechanics - the article states tiers scale with volume but does not detail the specific thresholds, introducing uncertainty for traders and revenue modeling.
  • Although Shotgun.fun is non-custodial and uses Turnkey for encrypted keys, the security model relies on correct implementation and user key management, which can affect custody and operational risk for traders.
  • Insider trading and extraction of funds in early token launches are highlighted as existing problems; while Shotgun.fun aims to increase visibility of insider wallets, the extent to which this mitigates extraction risk is not quantified.

More from Cryptocurrency

Chris Jericho Partners with Kokopi Koalas to Co-Create Official Trait Line for Customizable Solana NFTs Jun 9, 2026 Analyst Projects Bitcoin Between $227,000 and $378,000 on Gold Market Capture Jun 9, 2026 Neura Secures Strategic Backing to Advance Emotional AI with User-Owned, Persistent Memory Jun 9, 2026 Bitcoin Downturn Deepens as Spot ETF Outflows Continue; Transform Ventures CEO Sees New All-Time Highs Within Three Years Jun 9, 2026 Bernstein: Bitcoin Decline Reflects Drop in Capital Flows, Not Just Quantum Fears Jun 8, 2026