LOOT Field Notes
LOOT (loot.family) is a launchpad that tags pump.fun coins with a consumer brand. 80% of each coin's trading fees become holder rewards, which holders redeem as that brand's gift card. These notes explain how it works, what is enforced on-chain, and what the $LOOT token's data shows.
Technology
One custom Solana instruction locks a coin's fees at launch. Everything after the fee split, including crediting and redemption, runs on LOOT's servers.
link_coin in the same transaction. It sets the brand, the payout mode and the holder floor.Launch options (locked forever)
| Setting | Options | How it behaves |
|---|---|---|
| Payout: Dividends | byte 0 | Pro-rata on each claim: balance × lamports / total qualifying. Measured at claim time. |
| Payout: Giveaway | byte 1 | Draws every 10 min. Winners = pot ÷ (cheapest US card + 10%). Tickets = whole tokens held. Max one win per wallet. |
| Holder floor | 100K · 1M · 10M tokens | Below the floor earns nothing. The bonding curve and pool are excluded. |
On-chain accounts
- Brand registry: one PDA at
["brands"], 69-byte records (id, name, colour). It currently holds 17 brands: Twitch, DoorDash, EA, Nintendo eShop, Walmart, Target, Starbucks, Google Play, Steam, GameStop, Uber Eats, PlayStation, Hulu, Netflix, Xbox, Disney+ and Fortnite. - Link account:
["link", mint], 100 bytes. Stores the mint, brand, creator, payout and floor. - Randomness: the giveaway seed is the newest claim's transaction signature. Whoever submits claims (mostly the operator) could in principle grind it.
Because the brand tag lives in pump.fun's standard fee-sharing config, trading terminals like Axiom display it natively ("80% of fees → Giveaway · hold 100K+"). The project gets that distribution without any integrations.
Infrastructure & wallets
All operational wallets are ordinary keypairs with "Loot…" vanity prefixes, not program-controlled accounts. A person holds each key.
| Role | Address | What we saw | Status |
|---|---|---|---|
| LOOT program | LootzMHHCubYFZEgg7kjbyfdsEFBxfPkrUPNzuoExCk | Deployed 1 Oct 2026. | Upgradeable |
| Upgrade authority | LootrAyroCF5WMNjZCmFKoSn9PvXpGXJuaAnuLo3SVW | One key can replace the program logic. | Single key |
| 80% credit / custody | LoottDgEBhsA8Ym6U7xAD9b2MGRMR3zhy2FiCTGi8Gx | 52.47 SOL. Signs the fee sweeps. Only inflows apart from micro test transfers. Seeded through an exchange withdrawal. | Custodial |
| 20% buy & burn | LootB4Gs68YAg4GwjqKqgdpQhLrrsErmnxekLArG6Bq | Only buy-and-burn outflows. 15.28 SOL spent → 3.65M $LOOT burned. | Reconciles |
| $LOOT deployer | BkxpTQZUmpq2RhV2kosAjnHV2YtSAahuDRX1ZjCrHMeA | Funded 2.12 SOL from an exchange-style hot wallet 14 min before launch. Three transactions total. | Holds 5.07% |
- Backend: React single-page app with a public JSON API (
/api/stats,/api/coins,/api/leaderboard,/api/loot/burns,/api/regions). Wallet login works by message signature or by a small "sign in with a transfer" deposit. - Gift cards: catalog across 49 regions. Package pricing (e.g. a €1 Google Play card priced at $1.18) points to a reseller aggregator. The provider isn't named publicly.
- Funding trail: both the team wallets and the deployer were funded through exchange hot wallets, so there's no direct on-chain link between them. The link is public branding: the CA is in @lootfam's bio, and the DexScreener profile links loot.family.
$LOOT tokenomics
$LOOT is pitched as the platform token, with 20% of every linked coin's fees buying and burning it. Its own trading fees aren't routed anywhere near holders.
| Property | Value |
|---|---|
| Standard | Token-2022 via pump.fun · 6 decimals · 1B initial supply |
| Mint / freeze authority | Revoked Metadata immutable. No transfer fee, hook or permanent delegate. |
| Launch | 19:02 UTC, 6 Oct 2026. Dev buy of 1.48 SOL → 50.49M (5.05%). Graduated to PumpSwap ≈21:34 UTC. |
| Pools | PumpSwap XDTrVqPD…LMP5M (LP burned) · Meteora DLMM Fph8kwyo…BB1w (third-party, unlocked) |
| Value accrual | Buy & burn from 20% of all linked coins' fees: 15.28 SOL → 3.65M tokens burned so far. |
| $LOOT's own creator fees | To deployer No link account, no fee-sharing config. 216.74 SOL (PumpSwap) + 1.94 SOL (curve) sat unclaimed about an hour after graduation. |
Platform economy
Most-paired brands: Disney (34), Steam (21) and Fortnite (20). The rest of the 80% (fees not yet credited) is waiting in undrawn giveaway pots. One example: the "REDEEM" coin (Google Play, giveaway mode) had 21.4 SOL undrawn and zero payouts, even though US Google Play cards were in stock.
Market activity
Heavy, fast trading after graduation. The flow is mostly real pump.fun traders plus a normal bot load, not a fresh-wallet wash farm.
- Pace: about 17 trades per second. A 300-trade sample covered 17 seconds, with 235 unique wallets, a median trade of $22.65, and 181 buys to 119 sells.
- Wallet ages (25 sampled): 21 were established traders, 3 were high-frequency bots and 1 was a fresh wallet.
- Caveat: $3.6M of hourly volume on $61K of liquidity is inflated by arbitrage bots cycling between PumpSwap and Meteora.
Holders & bundles
About 14% of supply sits with identifiable coordinated groups, including the dev. That's typical for a pump.fun launch. The launch-window snipers had all exited within three minutes.
| Group | Wallets | Share |
|---|---|---|
| Dev | BkxpTQZU…HMeA | 5.07% |
| Bundler | 5ZMJoEtFarVD62YYuLbHZgrsYRovDEzkZg8FbuSq3jEj | 2.16% |
| Bundler | 9rTAXfoDySq413K154Ycb7cmJZBx3KVgjNi4ZcocyaGD | 1.70% |
| Network A | 16 wallets incl. four "DULT…" vanity addresses | ≈1.47% |
| Network B | 7 wallets around hub 8iCDM8go…V4Pz | ≈1.56% |
| Network C | 5 wallets consolidating into FEDt3TPM…KG9s | ≈1.57% |
| Networks D–F | Small distribution clusters | ≈0.55% |
Launch window
- 19:02:19: create plus dev buy. One sniper (Qdtu7FFw…943L) buys in the same block, and two MEV bots ping with dust.
- 19:02:31: three wallets buy about 0.3 SOL each in the same slot. All three sell in the same slot at 19:03:43. They're long-lived bot wallets, which fits copy-traders better than dev side-wallets.
- 19:03:09: a wave of 15 buys, most flipped within 5–80 seconds.
- By 19:05: everyone from the launch window has exited except the dev and one holder (AowTUid5…k92, 1.07%).
Risks
| Risk | Level | Why |
|---|---|---|
| Custodial holder funds | High | All 80% flows sit in one hot wallet. Balances are database entries. |
| $LOOT fee routing | High | Its creator fees go to the deployer. Not disclosed. |
| Redemption unproven | Medium | No gift cards redeemed yet. One giveaway pot has never drawn. |
| Upgradeable program | Medium | A single key controls the program. Fee splits already locked can't change. |
| Reward gaming | Medium | Point-in-time snapshots on predictable sweeps. The one-win cap rewards splitting across wallets. |
| Brand / trademark | Medium | Brand names and logos are used without partnerships. |
| Token contract | Low | Authorities revoked. Dev hasn't sold. |
Better incentives than gift cards
Keep the brand pairing, since that's the novel meme surface, and change what gets paid out. Gift cards are region-locked, custodial, and lose value to reseller margins and unspent balances.
Pay in the brand's stock
Route the 80% into tokenized equities on Solana (NFLX, WMT, DIS…) and distribute them on-chain.
Same narrative, an appreciating asset, no custodian. Tokenized stocks are geofenced (usually not available to US persons), and brands without a ticker fall back to SOL.
Non-custodial SOL claims
A program-owned distributor with Merkle claims. Gift cards become an opt-in with a bonus instead of SOL carrying a penalty.
Removes the hot-wallet risk.
Time-weighted eligibility
Average balance since the last claim, with a hold-streak multiplier.
Stops buy-before-sweep farming and rewards holders.
Creator share
A 70/20/10 split (holders / burn / creator), or a vested creator cut.
Creators earn 0% today, so a cut would pay for memes, raids and art.
Verifiable randomness
Switchboard or ORAO VRF, with tickets weighted by √balance.
Removes seed grinding and blunts sybil splitting.
Link $LOOT itself
Send 100% of $LOOT's creator fees to burn or to stakers.
Closes the biggest credibility gap in one transaction.
Social & documentation
The documentation is far better than typical for pump.fun. The social presence is brand new.
llms.txt. States plainly that crediting and redemption are off-chain.