Early Public Round is now 60% filled, with $1.7 million committed. The round opened after a $720,000 whitelist allocation sold out shortly after launch.
Unlike many crypto launches, Catapult Trade introduced its token after establishing an active product rather than before it. The company says the token will utilize a deflationary token economy removing float from the circulating supply by means of a buy and burn mechanism.
Since launching in December 2025, the platform has reported more than 85,000 monthly active users, over $6 billion in cumulative trading volume, and $4 million in net revenue, all before introducing a native token.
Catapult Trade flagship product, Turbo, generates price charts algorithmically rather than sourcing prices from live markets via a provably fair mechanism. Before each session begins, the platform publishes a cryptographic hash that commits to the chart’s entire price path without revealing it. Once the session ends, the underlying data is disclosed, allowing anyone to verify that the chart remained unchanged throughout trading.
The token is designed to capture value generated by the platform. Under that model, protocol revenue is used to buy back and burn $PULT instead of relying on scheduled emissions.
Earlier this year, Catapult Trade disclosed a strategic investment from KuCoin Ventures and integrated directly with Binance Wallet. The project has also completed audits with Halborn and Hashlock.
Priced at $0.06, the public round allocates 6% of the one-billion-token supply. The round has a $3.6 million hard cap, with no vesting at launch.
The team says listings are planned for Q3, with agreements already in place across eight exchanges. $PULT is expected to launch as a multichain token, including support for Ethereum and Solana.
The sale comes at a time when crypto has increasingly rewarded products that attract repeat users rather than those driven primarily by token speculation. Catapult Trade is positioning $PULT around an existing trading product instead of using the token as the starting point.
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