Shotgun.fun launches terminal returning up to 100% fees

Shotgun.fun launched a non-custodial trading terminal that returns up to 100% of trading fees to users. Cashback begins at 50% and increases with trading volume. The terminal opened with initial support for Solana markets.

The platform executes orders without holding users’ private keys. It uses Turnkey for key encryption so private keys remain under user control while the terminal handles order execution.

Available tools include one-click chart trading called Instant Trade, a real-time feed named Trenches that lists new token launches and migrations, and Trader Discovery to identify and copy active traders. Programmable limit orders support buy-the-dip, stop loss and trailing strategies. A Portfolio view records historical performance across wallets and tokens, and multi-wallet management brings separate addresses into a single interface.

Cashback tiers start at 50% and scale with trading volume; the top tier is intended to return the full fee amount to traders. Company materials describe the 100% rebate as a target and indicate tiers are structured to be reached through increased activity on the terminal.

The platform includes a referral program that shares up to 50% of revenue across five referral layers, enabling users to earn when people they refer trade on the terminal.

Shotgun was founded by Miguel Loures and Pedro Maurício. Their earlier project, Pulsar Finance, was backed by Delphi Ventures, grew to more than one million users and was later acquired by Terraform Labs. The founders have been building products in the sector since 2020.

Security and product roadmap details were published with the launch. Turnkey handles encryption for non-custodial access. The team plans to add more blockchains and to introduce agentic trading features in future releases.

Miguel Loures wrote in a statement: “Until now, traders have been treated as the product, not as users. We built Shotgun to give the power back to the people.”

Shotgun is available now and can be accessed through the company website.