A recap of Axis Token (AXIS) @axisrobotics
1. I discovered the new AXIS token contract address a few months ago and started keeping an eye on it.
2. On the 15th, I noticed that 83.5% of the tokens had been transferred into a Binance locking contract (Image 1). Worth noting: lots of projects on BSC transfer tokens to Binance contracts to lock them up, but this is very rare on Base.
3. I found that the dev address behind Binance Alpha had been testing hook functionality for a while, in addition to creating the locking contract. I thought they might set up a PancakeSwap V4 hook on Base, similar to BSC, so I quickly set up monitoring.
4. Then, on the 19th, my monitoring caught them actually creating a pool using a hook (Image 2).
It was a Uniswap V4 hook pool, not PancakeSwap like I’d expected.
5. I didn’t share this news right away, because if I did, launch sniping would get as competitive as it is on BSC. Why?
In the past, Base launches weren’t scheduled, and projects usually started with a very small pool. People would buy a few hundred dollars’ worth to push the price up, then add more liquidity. There was almost no need to snipe—and if anyone did, it was a small blind snipe. Not that exciting.
But now launches are scheduled, with a large pool of 500K USDT + 500K tokens, exactly like on BSC.
The only difference is that on BSC, snipers compete by paying bribes, while on Base they compete with gas. The strategy is still based on the pool range and calculating the average sniping price. Of course, there are plenty of details worth noting, but I won’t get into them here.
6. Also, thanks to 胖哥 @月半771 按头 $DOOD
I’ve written plenty of large-movement monitoring tools for small-cap coins and set up OI monitoring too, but I still feel like I haven’t quite figured it out.
胖哥 absolutely crushes it with small-cap coins. His biggest complaint to me is that he makes so much money that he gets flagged by risk controls. I can’t even relate to that problem.
https://x.com/aLiiDeez/status/2112888051970261211
1. I discovered the new AXIS token contract address a few months ago and started keeping an eye on it.
2. On the 15th, I noticed that 83.5% of the tokens had been transferred into a Binance locking contract (Image 1). Worth noting: lots of projects on BSC transfer tokens to Binance contracts to lock them up, but this is very rare on Base.
3. I found that the dev address behind Binance Alpha had been testing hook functionality for a while, in addition to creating the locking contract. I thought they might set up a PancakeSwap V4 hook on Base, similar to BSC, so I quickly set up monitoring.
4. Then, on the 19th, my monitoring caught them actually creating a pool using a hook (Image 2).
It was a Uniswap V4 hook pool, not PancakeSwap like I’d expected.
5. I didn’t share this news right away, because if I did, launch sniping would get as competitive as it is on BSC. Why?
In the past, Base launches weren’t scheduled, and projects usually started with a very small pool. People would buy a few hundred dollars’ worth to push the price up, then add more liquidity. There was almost no need to snipe—and if anyone did, it was a small blind snipe. Not that exciting.
But now launches are scheduled, with a large pool of 500K USDT + 500K tokens, exactly like on BSC.
The only difference is that on BSC, snipers compete by paying bribes, while on Base they compete with gas. The strategy is still based on the pool range and calculating the average sniping price. Of course, there are plenty of details worth noting, but I won’t get into them here.
6. Also, thanks to 胖哥 @月半771 按头 $DOOD
I’ve written plenty of large-movement monitoring tools for small-cap coins and set up OI monitoring too, but I still feel like I haven’t quite figured it out.
胖哥 absolutely crushes it with small-cap coins. His biggest complaint to me is that he makes so much money that he gets flagged by risk controls. I can’t even relate to that problem.
https://x.com/aLiiDeez/status/2112888051970261211