SOCKET is a fully functional concentrated-liquidity AMM with hooks on Solana, currently valued at just $209k market cap despite processing over $2.2M in 24h volume and announcing an upcoming 20% fee…
Announced that 20% of every swap fee will buy back and burn SOCKET.
card:verdict {"call":"SOCKET is a fully functional concentrated-liquidity AMM with hooks on Solana, currently valued at just $209k market cap despite processing over $2.2M in 24h volume and announcing an upcoming 20% fee buyback and burn.","stance":"probe","class":"Before the move · Undiscovered · catalyst ahead","why":"Shipped core AMM features including routed swaps, pool stats, and plain SOL trading."}
card:stats [{"label":"Market cap","value":"$210K"},{"label":"Liquidity","value":"$50K"},{"label":"24h volume","value":"$2.23M"},{"label":"Age","value":"2d","note":"Solana"}]
Why it's on the radar Shipped core AMM features including routed swaps, pool stats, and plain SOL trading. Announced that 20% of every swap fee will buy back and burn SOCKET. The 48h price tape has flattened out at around $0.00021 after retracing from its launch peak.
card:risks [{"text":"The 20% fee buyback and burn mechanism is not yet live or verified on-chain.","level":"medium"}]
card:watch [{"signal":"Probe","trigger":"Buy at current flat levels around $0.00021 to $0.00025","means":"probe"},{"signal":"Ignition","trigger":"First-hour volume above $50K, or holders up 10% in an hour","means":"add"},{"signal":"Wrong if","trigger":"Drop below $0.00015 or team stops shipping updates","means":"exit"}]
card:sources [{"name":"X · @thesocketdotapp","note":"Shipped core AMM features including routed swaps, pool stats, and plain SOL trading.","url":"https://x.com/thesocketdotapp/status/2106243752461554116"},{"name":"X · @thesocketdotapp","note":"Announced that 20% of every swap fee will buy back and burn SOCKET.","url":"https://x.com/thesocketdotapp/status/2106389237570633836"},{"name":"X · @thesocketdotapp","note":"The 20% fee buyback and burn mechanism is not yet live or verified on-chain.","url":"https://x.com/thesocketdotapp/status/2106389237570633836"},{"name":"tape","note":"The 48h price tape has flattened out at around $0.00021 after retracing from its launch pe","url":"https://thesocket.app/"}]