How to play Super.exchange, the upgraded version of Pump.fun?

The market has long been suffering from insiders’ trading. This is probably the sigh that every degen who has been harvested by presidential coins and wife coins will make. After barely surviving the leek party and rug pull, yesterday’s plummet face wash brought FUD to the market sentiment again.

Just at this moment, 'No LP, no insider. ‘Bear market is to be saved by us!’ - A project called Super.exchange, like a Super hero, directly hit the pain point with a market-saving declaration, quickly attracting attention in the community. What magic does this new Solana ecological asset issuance platform have?

Upgraded version of Pump.fun

Why are memes circulating frequently, sniping continues, and pool withdrawals are common? In the view of Super.exchange, a large part of the problem lies in the fact that ‘Bonding Curves have been played out’—this is one of the core reasons why tokens cannot achieve price discovery and experience sharp fluctuations.

To address the early control issue, Super.exchange upgraded the traditional bonding curve to the Infinite Bonding Curve AKA Super Curve, making the price increase more gradual. The principle of Super Curve is not complicated. It can be seen as a Bonding Curve composed of 7 different curves. These seven curves are like the gears of a manual transmission car; to accelerate, the car must shift gears. Similarly, to ‘accelerate’ the price of the token, the underlying liquidity must also ‘shift gears.’ The seven ‘gears’ of Super Curve maintain market depth stability while promoting rapid and sustained price growth.

So what does Super Curve solve? Traditional bounding curves can result in certain buyers accumulating a large proportion of token supply due to slow early growth, and later, rapid curve growth can lead to liquidity gaps. Without market maker support, trading can be difficult. However, by utilizing Super Curve, all price ranges have permanently locked liquidity, avoiding rug risk and ensuring sustainable price growth.

Using Super Curve vs. traditional Bonding Curve token growth, image from @_superexchange official account

More specifically, by controlling 80% of the token supply on Pump.fun through the traditional Bonding Curve, it only takes less than $20,000, and the price only rises by 15 times. However, on Super, if you want to buy 80% of the tokens, the price will increase by 40,269 times. In this way, it is also difficult to accumulate a large number of chips at a low price in the early stages of the token.

Market depth characteristics of Super Curve compared to traditional models, image from official account @_superexchange

On Pump.fun, as the market value increases, the depth of the pool plummets rapidly. Super.exchange, by eliminating reliance on liquidity providers and preventing pool withdrawals, ensures sustainable liquidity and creates a secure and growth-potential trading environment.

Super.exchange not only innovates Super Curve, but also sensitively solves another headache for everyone from p little generals to p marshals when facing meme challenges - the uniqueness of tickers.

Do you remember the broccoli battle of BNB Chain half a month ago? A large number of homogeneous tokens were released at the same time, with the same pictures and names flooding the new coin board, and the intense pvp unfolded. However, searching for $SUPER on Super.exchange yields refreshing results. No need to check the authenticity of each one by one anymore, each ticker is the unique identity label of the token, all in uppercase English letters, putting an end to the battle of uppercase and lowercase.

Finally, Super.exchange has also created its own platform token $SUPER. $SUPER is 100% owned by the community, with a deflationary mechanism and a transparent repurchase and burn policy. $SUPER has a total supply of 1 billion, launched fairly with no reservations, no front-running, and no VC quota. 50% of platform transaction fees are used to repurchase $SUPER and burn them, with smart contracts executing every 5 minutes in a transparent and on-chain process. As the platform grows, the repurchase scale expands, driving long-term coin price growth and building a flywheel for community development.

How to play Super.exchange

How to get started on Super.exchange? After users enter the homepage and link their wallets, they can mainly interact with the following three functions.

How to issue coins

The ‘create’ option can be seen in the upper right corner of the homepage. After clicking, enter the token avatar, ticker, and name respectively to complete the creation. If the selected ticker is already in use, the token with the same name cannot be issued, and it supports combinations of numbers and letters within 10 digits. Apart from the fact that the ticker cannot be changed after creation, other options can be modified after a community vote. According to practical results, issuing tokens requires approximately 2.5% in fees, slightly more expensive than Pump.fun.

How to buy coins

Super.exchange also has internal and external markets. Clicking on ‘MARKETS’ on the homepage will show the token dashboard, where ‘Markets’ are the external market; ‘New Pairs’ are equivalent to the internal market. The market value of each token is calculated using Super Curve. Click on the token avatar to enter the purchase page and set the amount and slippage rate yourself. After purchase, you can view the purchased assets in ‘PORTFOLIO’.

How to get $SUPER

Currently, the official website only provides two ways to obtain $SUPER: trading and inviting new users. The higher the performance of the token in trading, the more points you earn; inviting friends allows you to earn 25% of their trading points. 1 point = the right to purchase 1 SUPER, which means that only active traders on the platform have the right to purchase $SUPER. This benefits early users who truly use the platform for trading to enjoy the dividends, rather than allowing whales to lock up millions of liquidity in new DeFi protocols.

Will it be the super hero of memes

It now appears that Super.exchange has indeed addressed to a certain extent the pain points of the much-criticized meme market: market makers’ insider trading, low-price chip stacking, indistinguishable tickers, and rug pulling after a pump. These issues, after memes have completely become a casino, have filled the market with uncertainty and a crisis of trust. In this respect, Super.exchange seems to offer a solution to these chaos through its unique design and mechanism, at least superficially making the trading environment appear more transparent and fair.

But if we look back at the entire meme super cycle, its rise is more of a community-driven cultural phenomenon, rather than something that can be fully covered by technology or token issuance mechanisms. Although Super.exchange has optimized the trading mechanism, it is hard to deny that a large part of the appeal of memes comes from the lottery stations and the myths of wealth creation tailored for it by Pump.fun, which offer hundredfold and thousandfold returns.

Related reading: “Neiro Revival: Trading platforms are becoming the ‘referee of the national football team’ in the meme market | 10 0x Replay”

The current improvements may curb some speculative behavior, but it’s also difficult to answer the following questions: How to quickly build a strong and lasting community consensus without the short-term stimulus of rallying? If the lottery odds of memes are no longer attractive, will it still attract so many people to sit idly and bring new liquidity? Especially in the current bear market, will memes be cleared from the market as oversupply, or will they continue to span cycles with their emotional and ideological value? This may be the real key to the future development of memes.

And for Super.exchange, can it, after the market is full of holes, screen out memes that truly have consensus and value through a more reasonable price discovery mechanism? With the dual drive of innovative mechanisms and community flywheels, can it become the superhero that saves memes? Perhaps only time can provide the answer.