Catapult Trade raises $6.6 million ahead of PULT token launch

KuCoin Ventures, Oddiyana Ventures, and Venture Vault VC headline the list of investors supporting the project. The company’s funding history includes a $500,000 seed round, a $2.1 million private round featuring various consumer trading founders, and a $3.6 million early public round. Notably, the project has attracted high-profile industry figures, including Blockstreet CMO Kyle Klemmer and former Manta Network CSO Aamir Ghai.

Since its launch in December 2025, Catapult Trade has processed over $6 billion in trading volume and generated $3.3 million in net revenue. Unlike traditional exchanges, the platform uses an algorithmic pricing model based on Geometric Brownian Motion, with audits conducted by Halborn and Hashlock. The upcoming PULT token is designed to capture this ecosystem activity through a model involving fee-funded buybacks and burns. Before the token launch, the team plans to release three new products, including a gamified prediction market, while targeting multi-chain liquidity across networks such as BNB Chain and HyperEVM.