$SOON +46.64%, CoinCodex says it was the biggest gainer on that day among the top 200 by market cap.
Today, this coin is being used as a trading currency. At 15:13 (Taipei), the project account announced that 100xSOON has been launched on BNB Chain, for financial AI agents to execute leveraged trades, with everything denominated in SOON. The project says that 80% of platform revenue will be used to buy back and burn SOON.
So its current use case is for pricing and settlement of entering this leveraged product—not another type of stablecoin. A maximum leverage of 10,000x, settled every 30 seconds, are all rules written by the project itself.
The price increase can’t be directly recorded as the reaction after the announcement. CoinCodex’s timestamp for the numbers is 14:00 Beijing time, which is earlier than this launch post. How revenue is calculated, and whether buybacks have actually occurred, can’t be matched to on-chain activity at the moment.
Today, this coin is being used as a trading currency. At 15:13 (Taipei), the project account announced that 100xSOON has been launched on BNB Chain, for financial AI agents to execute leveraged trades, with everything denominated in SOON. The project says that 80% of platform revenue will be used to buy back and burn SOON.
So its current use case is for pricing and settlement of entering this leveraged product—not another type of stablecoin. A maximum leverage of 10,000x, settled every 30 seconds, are all rules written by the project itself.
The price increase can’t be directly recorded as the reaction after the announcement. CoinCodex’s timestamp for the numbers is 14:00 Beijing time, which is earlier than this launch post. How revenue is calculated, and whether buybacks have actually occurred, can’t be matched to on-chain activity at the moment.