Shotgun.fun Launches, Promises to Return 100% Trading Fees to Users

In a disruptive move challenging the status quo, Shotgun.fun launches today, promising to return up to 100% of trading fees back to users. This new trading terminal is setting out to upend an industry model that's quietly siphoned billions from traders over the years.

Chronology

Let's break down how we got here. For years, the trading world has operated on a standard where each transaction pushed a fee into the pockets of intermediaries. Every buy, every sell, contributed to this quiet extraction. Traders were left with slimmer margins as fees became an accepted norm. Enter Shotgun.fun. Today, October 15th, marks its official entry into the market, and it's not just any launch. Shotgun claims to offer up to 100% fee cashback, beginning at 50% and scaling with volume, shaking a long-standing standard to its core.

Shotgun comes courtesy of Miguel Loures and Pedro Maurício, whose previous venture, Pulsar Finance, grew to over a million users before its acquisition by Terraform Labs. With a background in building user-centered platforms since 2020, the founders are no strangers to innovation. Their vision for Shotgun isn't just a theoretical fantasy, it's an immediate call to action for traders worldwide.

Impact

So, what does this mean for the trading community? First off, the appeal is clear: more money back into traders’ pockets. By potentially reclaiming up to 100% of their fees, traders can significantly boost their profitability. But who loses in this scenario? The intermediaries and traditional trading terminals that thrived on these fees will undoubtedly feel a shift. Their established structures are now under scrutiny.

The introduction of features like Trader Discovery and Trenches means that Shotgun users gain access to real-time insights into market movements and can mirror successful traders. This transparency challenges the opacity that allowed insiders to gain disproportionate advantages at the expense of everyday traders. The terminal's non-custodial nature, ensured by Turnkey encryption, adds a layer of security, putting control firmly back into the users' hands.

Beyond individual traders, there's a broader market implication. If Shotgun's model proves successful, we might see a trend where other terminals are forced to adapt or face obsolescence. Could this be the tipping point that pushes the industry toward a fairer economic model?

Outlook

Looking forward, the trajectory of Shotgun.fun will be a key point of interest. Already supporting Solana, there are plans to expand to other blockchains and introduce agentic trading soon. This expansion could bring in a new wave of users, compounding its disruptive potential.

But here's the thing: the burden of proof sits with Shotgun's team. Can they maintain this generous cashback model sustainably? And as with any new entrant making such bold claims, skepticism isn't pessimism. It's due diligence. Traders and industry watchers alike will be keeping a close eye on Shotgun's execution and the balance between user incentives and business viability.

The referral program offering up to 50% revenue sharing across five layers adds another dimension. It incentivizes users to bring in new traders, which could rapidly scale the platform's user base if executed correctly. But does this model introduce new vulnerabilities, or will it fortify Shotgun's position?

Ultimately, Shotgun.fun's launch could mark a turning point for trading terminals. By daring to return profits where they're truly earned, it not only raises the bar but also forces an industry-wide reflection on practices long taken for granted. If other players in the space follow suit, this could be the dawn of a new era in trading, where transparency and fairness aren't just buzzwords but the groundwork of the industry.