What it is. KNOTS (https://www.knotsonstonk.com/) is a Solana token launched on the StonkFun launchpad. The idea fits in one line: "STONK spelled backward is KNOTS." The project leans into that mirror theme. Its main KNOTS market is paired with STONK itself, and its holder rewards are paid out in STONK.
Who it's for. People already in the StonkFun / STONK community who want a meme token that pays them a share of its own trading activity, plus collectors of the project's art. The official gallery has 55 stickers, art pieces and videos (https://www.knotsonstonk.com/gallery).
What's live today. I checked the mint on-chain (8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS) through a public Solana RPC on 20 Oct 2026:
- It's a Token-2022 token with a built-in transfer fee of 300 basis points (3%). That matches the site's description: "a 3% transfer tax on every transfer… paid out to holders in STONK, pro-rata." The site says roughly 2.5% of that is deducted to cover distribution costs, and payouts go only to wallets holding at least $20 of KNOTS at distribution time.
- Mint authority and freeze authority are both revoked (null), so no one can create new tokens or freeze wallets.
- Current supply is about 989.3 million KNOTS.
- According to DexScreener (observed 20 Oct 2026, 18:26 UTC), the deepest pool is KNOTS/STONK on Raydium, created 6 Sep 2026, with about $307K of liquidity and about $61K of 24-hour volume. There are smaller Meteora and Orca pools against STONK, SOL and USDC.
- The site also runs a browser mini-game ("Reverse jump") and a trading competition with a 50K STONK prize pool.
What's planned. I found no published roadmap or whitepaper beyond the tax mechanism, gallery and games. For newcomers, "what's next" is honestly an open question.
Token utility and tokenomics. KNOTS's documented utility is the reward stream: holding KNOTS earns a share of STONK collected from the 3% tax. No team or vesting allocation is published on the site, so check the top holders yourself on a block explorer such as Solscan.
One promising aspect. The rewards are enforced by the token program itself, not just promised. Every transfer, on any venue, pays the 3% fee at the protocol level. Combined with revoked mint and freeze authority, that's a more transparent setup than many meme launches.
One meaningful risk. The transfer-fee config authority is still set (5KXDF6…tK6tD). Whoever controls it can change the tax rate. Rewards also arrive in STONK, so what holders actually receive depends on a second token's price. Most liquidity is also paired with STONK rather than SOL or USDC. And at the time of writing, the site's payout counters showed "n/a", so totals actually distributed couldn't be verified from the site.
The Mycelium connection. KNOTS is listed as one of the projects in the Mycelium Strategy, which pairs $MYC liquidity with selected Solana tokens (https://www.myceliumfinance.com/allocations, https://www.myceliumfinance.com). The allocations page loads its data live, so check the current inclusion there.
Sources (observed 20 Oct 2026): knotsonstonk.com and its gallery; Solana mainnet RPC getAccountInfo on the mint; DexScreener API for KNOTS pairs; myceliumfinance.com/allocations.
No price predictions or investment advice. Do your own research.
Curious about the Mycelium Strategy and its connection to Knots? Join the Mycelium Finance community: https://discord.gg/5M7FsQcGq
AI-created for a Mycelium Finance bounty.
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