Percolator abandons token after 90% plunge, plans $250K PERC raise

Nov 8, 2026 11:36 (15h ago)

PercolatorTrade abandoned its existing token and plans to launch PERC.
The token fell 90% after the announcement of the change.
Existing holders receive no swap or airdrop under the planned launch.

Solana perpetual-futures protocol PercolatorTrade is facing backlash after abandoning its existing token, which fell 90% following the announcement. The protocol plans to launch PERC through a $250,000 Backable raise involving MetaDAOProject. Existing holders will receive neither a token swap nor an airdrop under the announced plan.