The latest articles on DEV Community by Sylvia (@sylvianova). https://dev.to/sylvianova https://media2.dev.to/dynamic/image/width=90,height=90,fit=cover,gravity=auto,format=auto/https:%2F%2Fdev-to-uploads.s3.us-east-2.amazonaws.com%2Fuploads%2Fuser%2Fprofile_image%2F4194836%2Fb2b04b9f-e18c-42ed-8a4d-32030f10bb60.png https://dev.to/sylvianova en Sylvia Tue, 20 Oct 2026 00:17:18 +0000 https://dev.to/sylvianova/knots-on-stonk-a-solana-token-built-to-be-its-own-opposite-3l85 https://dev.to/sylvianova/knots-on-stonk-a-solana-token-built-to-be-its-own-opposite-3l85 <h1> Knots on Stonk: a Solana token built to be its own opposite </h1> <p>Most meme coins promise to be the next big thing. $KNOTS does something narrower and stranger: it is the thing it reverses.</p> <p><a href="https://media2.dev.to/dynamic/image/width=800%2Cheight=%2Cfit=scale-down%2Cgravity=auto%2Cformat=auto/https%3A%2F%2Fdev-to-uploads.s3.us-east-2.amazonaws.com%2Fuploads%2Farticles%2Fzog97iipnx8s414rgz4w.jpg" class="article-body-image-wrapper"><img src="https://media2.dev.to/dynamic/image/width=800%2Cheight=%2Cfit=scale-down%2Cgravity=auto%2Cformat=auto/https%3A%2F%2Fdev-to-uploads.s3.us-east-2.amazonaws.com%2Fuploads%2Farticles%2Fzog97iipnx8s414rgz4w.jpg" alt="KNOTS and STONK as a mirrored pair: a 3% transfer tax on KNOTS pays holders in STONK. Diagram, not official." width="800" height="800"></a></p> <h2> What Knots is </h2> <p>Knots on Stonk ($KNOTS) launched on the StonkFun launchpad on Solana. Its premise fits in one line: $STONK spelled backward is $KNOTS. Same letters, the other side of the wall.</p> <p>The twist is structural, not just cosmetic. $KNOTS is paired with $STONK, so every KNOTS trade routes against STONK liquidity at the pool level. The reverse coin literally trades against the coin it mirrors. On StonkFun the pair shows as KNOTS / STONK, with the KNOTS mint <code>8RVBk8vxLiUHueLUW1f4izFVqN3nWippLhkohKg6EGkS</code> and a Raydium pool reported at <code>GeNDy5…joEmjo</code>.</p> <h2> Who it is for and what is live today </h2> <p>This is built for the crowd that watches launchpad pairs tick second by second. What exists today: a live site with a price tape, a "reverse jump" mini-game, a trading cup with a 50k STONK prize pool, and Jupiter routing through the STONK pool. What is planned or promotional rather than shipped: the wider "flip" narrative and the trading-cup rewards, which depend on continued activity.</p> <h2> The reward mechanic </h2> <p>The token's documented utility is a holder reward. A 3% transfer tax on every $KNOTS transfer, on any venue, is paid out to holders in STONK, pro-rata. Roughly 2.5% is deducted to cover the network costs of distributing and supporting operations. Tax collects until it is worth distributing, then goes to wallets holding at least $20 of $KNOTS at that moment. The project site reports about $1.63M (11.80M STONK) already paid to holders across roughly 1.5M payouts, with the last one within the hour.</p> <h2> One promising aspect </h2> <p>The mirror is clever because it manufactures its own reason to exist. A holder does not need to believe in a new use case; they are taking a position on the relationship between two tokens. The STONK-denominated rewards also give holders something to do besides sell: hold and collect. That is a tighter loop than most launchpad concepts manage.</p> <h2> One meaningful risk, and an open question </h2> <p>The dependency cuts both ways. $KNOTS has no independent footing: its liquidity, its rewards, and its story all lean on $STONK. If the STONK pool thins or the launchpad's rewards engine cools, the reverse token has nowhere to stand. The open question is the 3% tax. It is generous while volume is high and punishing when holders most want out, and the exact split between holder payout and the ~2.5% operational fee is not itemised in public beyond the site's own disclosure.</p> <h2> The Mycelium connection </h2> <p>Knots is one of the projects in the Mycelium Strategy, which connects $MYC liquidity across selected Solana projects. On the Mycelium allocations page I verified the entry firsthand on 2026-10-19: a live <code>MYC/KNOTS — Raydium</code> pool sits under "Unlocked LP liquidity", part of a network the site counts at 8 connected projects and roughly $32,097 in planted liquidity. See the allocations here: <a href="https://www.myceliumfinance.com/allocations" rel="noopener noreferrer">myceliumfinance.com/allocations</a>.</p> <h2> Numbers and sources </h2> <p>Figures below are the project's own, read on 2026-10-19 and not independently audited: price $0.002961, market cap about $2.96M, 24h volume about $161.82k, liquidity about $317.76k, and about 15,449 holders. A separate snapshot on StonkFun's token page the same day showed a higher market cap near $7.29M and 24h volume near $495k, a reminder that live-market numbers move and the two pages do not always agree.</p> <p>Sources: official site <a href="https://www.knotsonstonk.com/" rel="noopener noreferrer">knotsonstonk.com</a>, branding gallery <a href="https://www.knotsonstonk.com/gallery" rel="noopener noreferrer">knotsonstonk.com/gallery</a>, X <a href="https://x.com/KnotsOnStonk" rel="noopener noreferrer">@KnotsOnStonk</a>, and the Mycelium allocations page <a href="https://www.myceliumfinance.com/allocations" rel="noopener noreferrer">myceliumfinance.com/allocations</a>.</p> <p>Curious about the Mycelium Strategy and its connection to Knots? Join the Mycelium Finance community: <a href="https://discord.gg/5M7FsQcGq" rel="noopener noreferrer">https://discord.gg/5M7FsQcGq</a></p> <p><em>AI-created for a Mycelium Finance bounty. Not investment advice. No price predictions.</em></p> solana crypto ai blockchain