Shotgun.fun Launches Non-Custodial Trading Terminal With 100% Cashback
Shotgun.fun has launched a high-performance, non-custodial trading terminal promising to return up to 100% of trading fees to users. The company says cashback starts at 50% and scales with trading volume.
The platform positions its edge around “fee-free” style execution rather than charging standard terminal fees, with tools including one-click chart trading, limit orders (dip buys, stop-loss, take-profit, trailing stops), trader discovery and real-time copy trading, and multi-wallet management plus portfolio performance tracking.
Shotgun.fun also highlights incentives and transparency: a multi-layer referral program (up to 50% revenue share across five tiers) and features aimed at exposing insider-wallet activity so traders can view trades and potentially mirror them.
Leadership is Miguel Loures and Pedro Maurício, founders behind Pulsar Finance, which reportedly grew to over one million users before acquisition by Terraform Labs. Shotgun.fun launches with Solana support, with more blockchains and “agentic trading” planned.
For traders, Shotgun.fun’s fee-rebate model could slightly improve trading economics and encourage higher turnover, especially for high-volume users and active strategies using limit orders and copy trading. However, as this is a sponsored launch announcement, market-wide impact is likely limited near-term unless adoption metrics and execution quality prove out.
Neutral
Shotgun.fun’s headline claim—returning up to 100% of trading fees—can be a tactical positive for users’ trading economics. If the rebates are real, persistent, and tied to measurable execution quality, active traders may see marginal improvements in ROI, and higher-frequency strategies could gain traction. That mechanism resembles how fee reductions or rebates in crypto infrastructure historically attracted incremental volume to specific venues or tools.
However, this article is explicitly a sponsored press release and does not provide independent verification (e.g., historical uptime, slippage metrics, rebate enforcement, or tier qualification conditions). Without those details, traders may treat it as an early marketing signal rather than a confirmed market-structure change. As a result, the likely near-term effect is limited to user migration and sentiment within the terminal/DEX-trader workflow, not broad market stability.
Longer term, if Shotgun.fun demonstrates consistently competitive execution and the cashback model sustains across market cycles, it could reinforce a competitive trend among trading platforms—potentially compressing fees industry-wide. For now, the market impact is best categorized as neutral: economically interesting for certain traders, but not yet a catalyst strong enough to shift overall crypto asset demand.