Everything has a price.
Now it has a market.
ICE Markets is live.
Commodities, onchain.
https://t.co/2ZZ1jpZFUm
icehuuTatbRoRQat6RoxGqBqqGnSvzMuEPz5zAm8ice
We noticed some people tried to launch tokens paired with ice market commodities and the interaction failed
Creating a telegram group for better comms and feedback loops
Lets fix things fast
https://t.co/xyV5uz0uLf
First 2 days on ICE Markets ๐ง
$1.7M+ in volume
2,000+ unique traders
25 tokens launched
$28,000+ in fees generated
$14,000+ paid to holders
16.4M (1.6%) $ICE burned
Commodities were never meant to stay boring @TradeOnIce
Wake up babe! New commodities just dropped on ICE
Four new categories went live today: gaming (GTA 6, FC 26, Elden Ring), liquor (Macallan 18, Dom Pรฉrignon, Lafite), cigarettes (a pack of 20, by market) and drugs (by the gram, pill or tab).
They work exactly like gold or crude. Launch a token paired with one and its price is quoted in that commodity, not SOL. 40% of every trading fee comes back to holders in the same unit, every fifteen minutes.
First day on Ice Markets looks icey ๐ง
$1.45M volume
11,262 transactions
1,973 traders
$25K+ fees generated
$10.4K paid to holders
12.87M $ICE bought back & burned
20 commodities paired
4 tokens graduated
All in the first 24 hours.
Everything has a price. Now it has a market.
$PEPE is now listed on @solana via sunrise.
you can now launch new assets paired with $PEPE
using meteora's dynamic bonding curve (meteora DBC).
๐๐๐
@0xAllocatooor $ICE is built on @MeteoraAG liquidity infrastructure, so we paired $ICE with $MET instead of defaulting to SOL/USDC.
We want the exchangeโs growth to create activity around the ecosystem itโs built
Running the flywheel
ICE has been live for less than a day.
11,117,427 $ICE already bought back & burned.
1.11% of the entire supply permanently gone.
$5,000 in buybacks so far.
usage โ fees โ buybacks โ burn
the machine is running ๐ง
How does ICE bring commodities onchain? ๐ง
We take real-world and internet-native commodities, connect them to their underlying price feeds like @pyth and other then turn them into tradable markets on Solana.
Underneath it all, @Meteora powers the liquidity layer.
Price โ Market โ Liquidity โ Trade.
Everything has a price. Now it has a market.