Catapult Trade Secures $6.6 Million to Scale Solana-Based Trading Platform
Catapult Trade has closed $6.6 million across four completed funding rounds, with KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC now publicly attached to the cap table for the first time, according to the Solana-based platform's confirmation.
The capital lands ahead of a fall 2026 PULT token generation event and effectively monetizes a live product rather than a forward narrative.
Capital Stack and Skin in the Game
The round architecture exposes a deliberate layering of incentive structures. The $500,000 seed brought in the three named funds plus an undisclosed T1 backer and three angels: Kyle Klemmer, Co-Founder and CMO at Blockstreet and advisor to WLFI and USD1; MacnBTC, a 2017 OG trader; and Aamir Ghai, formerly CSO at Manta Network and a Harvard Blockchain mentor. The $2.1 million private round pulled in operators from consumer trading — the founder of LIS Skins, a CS:GO skin marketplace operating in the $50 million AUM range, and the founder of Trady, a multichain trading terminal. A KOL round added $400,000 from more than 30 tier-1 traders and analysts, while the early public round closed at $3.6 million on Catapult Trade's own rails at $0.06 per token. Strategic round participants remain unnamed until closer to TGE.
Revenue Mechanics and Audit Posture
Catapult has been live since December 2025, reporting more than $6 billion in cumulative trading volume and $3.3 million in net revenue ahead of the token launch — metrics that reframe the raise as a monetization event rather than a speculative bridge. Halborn and Hashlock have audited a system that prices each session via Geometric Brownian Motion, commits the curve to a public cryptographic hash pre-session, and reveals it post-close so participants can verify the chart was never altered mid-trade. A 1% notional fee splits between protocol and token creator, with an additional charge applied to profitable positions; protocol revenue is routed into buybacks, burns, and ecosystem reward pools, which structurally binds token supply to activity already booked rather than to forward promises.
What to Track Into TGE
Three product launches precede the token event: Gamified Futures, a gamified prediction market powered by Obsidian, and TradFi & Crypto Classic Futures. PULT is structured as an omnichain asset through LayerZero, with liquidity planned across BNB Chain, Robinhood, and HyperEVM alongside more than eight centralized exchange listings. Joint campaigns with Binance, KuCoin, and Gate wallets have run through the raise. The full investor roster across all rounds is expected weeks before TGE — and until then the open variable is execution: whether the disclosed buyback-and-burn pipeline absorbs the volume already logged, and how the undisclosed strategic round pricing benchmarks against the $0.06 public round floor.