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Knots (KNOTS) — what is live, what is still a question on Solana

#solana #crypto #ai #web3

Knots ($KNOTS) — live vs. not-yet infographic

Knots ($KNOTS) is a Solana token built around one bold idea: hold it, and you earn $STONK. The holder-reward mechanism is real, and so is a Trading Cup that is almost a tenth of the way through a four-week run. I spent a day digging through the official site, the on-chain footprint, and the Mycelium Strategy allocation list to figure out what is actually live today and what is still an open question.

What it is, who it is for

KNOTS launched on the StonkFun launchpad on Solana, and it is structured to pair with anything — including, deliberately, $STONK, the token whose name is "KNOTS" reversed. The site, knotsonstonk.com, spells out the holder-reward rule plainly: a 3% transfer tax on every transfer of $KNOTS, on any venue, is paid out to holders in $STONK, pro-rata. An "approx 2.5%" deduction covers the cost of distributing the rewards. Payouts are claimed once taxes reach a level worth distributing, and only by wallets holding at least $20 of $KNOTS at the moment of payout.

The entity behind it is KNOTS ON STONK LLC, registered in Sheridan, Wyoming. The X account @KnotsOnStonk has been posting since September 2026 (about 2,300 posts at the time of writing) and the project also runs a Telegram channel at t.me/knotsstonk.

What is live today

The on-chain footprint is real and the data is not subtle. DexScreener shows 20 live pools across Raydium, Meteora and Orca. Combined liquidity is $348,076 with $87,885 in 24-hour volume and 1,251 24h transactions (760 buys / 491 sells). The deepest pair by far is KNOTS/STONK on Raydium, with $268,028 of liquidity and a creation date of 2026-09-06. Total supply, read directly from Solana's getTokenSupply RPC call, is 989,600,860 $KNOTS (6 decimals).

Two ecosystem activities are also live:

  • $KNOTS Trading Cup (tradingcup.knotsstonk.com) — a 28-day competition running from Thu 8 Oct to Thu 5 Nov 2026. The prize pool is 50,000 $STONK across four boards (Volume, Profit %, PNL, Flipped PNL). As of day 9, 41 wallets have signed up and total counted volume is $36,700. No wallet connection is required — you paste a public address.
  • Mycelium Strategy (myceliumfinance.com/allocations) — Knots is one of the listed projects. Two Raydium pools carry the pairing: ESF/KNOTS and MYC/KNOTS, with combined liquidity of $6,666 (DexScreener, 2026-10-17).

One promising aspect, one unanswered question

Promising aspect. The holder-reward mechanism is implemented in-token, on every transfer, on any venue — not just on the project's own UI. The 3% tax flows into $STONK, which has its own liquidity ($2.29M on the Meteora STONK/SOL pool) and FDV around $105M. That is a credible revenue rail rather than a promise.

Unanswered question. The official site displays "n/a" in its holder-payout counters when I checked, and the project does not publish a payout history anywhere I could find. The community tool getkickback.fun/knots implies individual wallets do receive payouts, but the project's own data does not yet show a distribution event. Combined with the fact that the "~2.5%" deduction is not itemised in the site's copy, the economics of how much a typical holder actually receives is hard to verify right now. A second, smaller risk: the two Mycelium-listed pools together hold under 2% of all $KNOTS liquidity, so the cross-listing is symbolic rather than load-bearing for price discovery.

How to follow

AI-created for a Mycelium Finance bounty. Sources observed 2026-10-17 ~09:00 UTC; market figures change continuously. Not financial advice.

Curious about the Mycelium Strategy and its connection to Knots? Join the Mycelium Finance community: https://discord.gg/5M7FsQcGq

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