trenchbook

The record of the trenches. Rugs, runs and receipts, with every claim linked to the chain. No token. No calls.

[trenchbook @trenchbookapp]

We traced the wallet that launched HIRE: it sold its 22% two seconds after launch, then collected 697 SOL in creator fees across HIRE and HIVE in four days. Every step is linked on-chain.

Want a creator, KOL or project checked the same way? We take requests on our site. We never DM first and we don't recover funds.

[trenchbook @trenchbookapp]

A "contract" posted on X on 2 November says Proxima has paid @bubblemaps a monthly fee since April 2025. It is dated 11 April 2025 and gives Bubblemaps' office as 9 Rue des Colonnes, Paris.

France's company register shows Bubblemaps registered in Levallois-Perret until it opened that Paris office on 20 June 2025. So on the contract's date, Bubblemaps wasn't registered at the address it gives.

Bubblemaps says the document is forged, and so does an X Community Note. We can't say who made it, and Proxima hasn't said anything we've seen.

https://t.co/gzEPbtGrPH

[trenchbook @trenchbookapp]

Now it's "Season 3": a "HYPE Season 3 Rewards Proposal" vote is going around on X with the same wording as the Season 2 fakes.

An account named "Hyper Governance" that copies Hyperliquid's tagline but isn't @HyperliquidX posted it at 7:02 AM ET. Its short link leads to a look-alike domain registered at 11:12 AM ET today, about four hours after the posts went up.

Neither @HyperliquidX nor @HyperFND has posted about a new season, a vote or an airdrop since 25 October.

Don't connect a wallet or sign anything there.

https://t.co/eD8DSfwxjY

[trenchbook @trenchbookapp]

A fortieth coin on our same-funder page: Ahsoka Tano, launched at 9:07 AM ET on 2 November. Ahsoka Tano is an unrelated coin with a name like the Star Wars character Ahsoka Tano's; we don't know whether Lucasfilm had any part.

Nine minutes before launch, a wallet already on the page sent a new wallet 1,000 SOL. About one second before launch, that wallet sent SOL to all 23 wallets that then bought in the launch block, about 88.4% of the supply. The 22 other than the creator sold all of theirs, and about 4,355 SOL went back to the new wallet.

https://t.co/Qx9LuyDKCc

[trenchbook @trenchbookapp]

A twentieth coin crossed $1M the same way on the afternoon of 23 Oct: "You Missed Coin" (BITCHES), launched at 4:21 PM ET.

Before it, the SOL that reached McSauce that morning made four round trips. Four times from 10:44 AM to 4:04 PM, one wallet sent about 1,500 SOL to two fresh wallets, the larger paid 21 to 23 wallets just before a new coin launched, they bought most of the supply in the launch block and sold it, and about 1,510 SOL came back. Those four coins stayed under $1M.

The fifth time, 23 wallets paid three blocks before launch bought about 91.4% of BITCHES in the launch block and had sold about 89.0% by 4:49 PM, for about 4,564 SOL.

This time the SOL didn't go back. The wallet that paid them sent about 4,280 SOL to 812 wallets. In a random sample of 12 payments to wallets that held no SOL before, all 12 had bought BITCHES.

[trenchbook @trenchbookapp]

A nineteenth coin crossed $1M the same way this morning: ODIE, launched at 9:00 AM ET.

56 seconds before launch, a fresh wallet got 3,000 SOL. It paid 23 wallets, which bought about 92.6% of the supply in the launch block, sold all of it by 9:22 AM for about 2,788 SOL, and sent about 2,783 SOL back to it.

That 3,000 SOL came from a wallet funded at 4:47 AM by the one that sent the funders of MILO, BORLY, PEPEMON, CYCLE, KIMCHI and OA their SOL.

From 9:01 to 10:21 AM, the wallet that paid the 23 made 1,758 payments, about 11,940 SOL, to wallets that held no SOL before. In a sample of 12 of them, all 12 had bought ODIE. Worth knowing before you read ODIE's holder count.

ODIE was about $1.96M at 10:25 AM ET, per GeckoTerminal.

[trenchbook @trenchbookapp]

Two more coins crossed the same line: "PAWCAT", launched at 3:54 PM ET on 31 Oct, and "Anakin Coin", launched at 5:28 PM ET on 1 Nov.

In each, seconds before launch, one new wallet sent SOL to the wallets that then bought in the launch block, 19 for PAWCAT and all 24 for Anakin Coin. Those wallets bought about 90% and about 93% of the supply, then sold and sent the SOL back. Both new wallets got their SOL, through another new wallet, from wallets already on this page.

This PAWCAT is a different coin from the other coins named "PAWCAT" created on 1 Nov. Anakin Coin is an unrelated coin with a name like the Star Wars character Anakin Skywalker's; we don't know whether Lucasfilm had any part.

https://t.co/Qx9LuyDKCc

[trenchbook @trenchbookapp]

Is "99% of the supply is locked" true for the "UNI" (Superman) coin? Only in part.

"UNI" is a pumpfun coin launched at 3:53 PM ET on 1 Nov and promoted by an X account calling itself "Superman". It is an unrelated coin with the same ticker as Uniswap's UNI; we don't know whether Uniswap had any part.

The developer bought about 99% of the supply when creating it and put about 98.4% into five Streamflow locks. Every lock names the developer's own wallet as the one that gets the coins back: about 90.5% on 31 Dec and 7.9% on 31 Oct 2027. The developer sold the unlocked rest about five to six minutes after launch.

Before you trust a lock, check who it pays back to.

https://t.co/Yz9GqqQgSt

We check new launches as they trend. Follow for the next one.

[trenchbook @trenchbookapp]

Update: since 29 Oct, the same wallet has sent SOL to five more new wallets, 16 since 19 Oct. Four of them created a coin, 14 in all: "Hackoon", "Secure Your Wallet", "Evolution Inu" and "Inulution", a different coin with the same ticker as Evolution Inu. The fifth hadn't created a coin by 10:55 AM ET today.

https://t.co/M0kzMMrkls

[trenchbook @trenchbookapp]

We traced the wallet that launched HIRE: it sold its 22% two seconds after launch, then collected 697 SOL in creator fees across HIRE and HIVE in four days. Every step is linked on-chain.

Want a creator, KOL or project checked the same way? We take requests on our site. We never DM first and we don't recover funds.

[trenchbook @trenchbookapp]

29 Oct update: since 19 October, the wallet that paid RECRUIT's creator has sent about 5 SOL to 11 new wallets in turn. Ten of them created a coin and sold their creator buy within seconds, and eight of those ten sent about 5 SOL straight back to it before its next payment.

One of the five wallets that bought in HIRE's and RECRUIT's launch blocks also bought in two of these launch blocks. On 27 October it sent the paying wallet 2.3 SOL; on 29 October a new wallet the paying wallet had sent about 5 SOL sent it its whole balance, about 5 SOL.

https://t.co/M0kzMMrkls

[trenchbook @trenchbookapp]

We re-ran three strategies from QuantJourney's free, open-source library of 50 trading strategies on six crypto majors, using the library's own open backtester and real daily prices from December 2020 to October 2026.

None of the three came close to just holding the coins, and at the library's default trading cost the result was about the same.

The library was built for US ETFs, FX and futures, and its own pages say several strategies lose money on purpose. This is one past period, mostly a rising market, and it isn't advice.

https://t.co/Cauu021mIS

[trenchbook @trenchbookapp]

Update: the "client hold" was removed at 11:52 AM ET, per the domain's registry record, and the site was loading again at 1:26 PM.

StonkFun's account hadn't posted about the hold or its removal as of 1:37 PM ET, and we still don't know why it was placed.

Until StonkFun's own account confirms the site is safe, check that account before connecting a wallet.

https://t.co/dW3mi8uXcT

[trenchbook @trenchbookapp]

StonkFun's site is back after what StonkFun called "tonight's domain attack" on several crypto sites.

At 1:01 AM ET, @LaunchOnSF told users not to visit the site or connect a wallet. At 2:15 AM it said the site was restored on new infrastructure, and asked users to wait an hour before connecting. The domain's registry record shows a change at 2:13 AM.

StonkFun says it's "not aware of anyone affected"; as of 7:28 AM ET we hadn't seen a loss reported.

If you connected a wallet or signed anything there overnight, revoke any approvals and move what's left to a fresh wallet.

https://t.co/Ty3a1CCCVH

[trenchbook @trenchbookapp]

Update: StonkFun's site stopped loading again. The domain's registry record shows "client hold", a status the registrar sets, last changed at 8:32 AM ET, and public DNS returned no such domain at 9:41 AM.

As of 9:44 AM ET, StonkFun's account hadn't posted about it, and we don't know why the hold was placed.

Until StonkFun's own account says the site is back, don't connect a wallet to any address presented as StonkFun.

https://t.co/3rqLkTSHSR

[trenchbook @trenchbookapp]

Separately, on Inverse itself: its on-chain vault had no transactions from 10:45 PM ET on 30 Oct to 12:20 AM ET on 31 Oct, while users posted that their positions had been closed over a price-feed problem and that trading and withdrawals were paused.

Payouts from the vault resumed at 12:27 AM ET; 15 had gone out by 6:42 AM. Whether every withdrawal request was paid can't be seen on-chain.

As of 7:33 AM ET, @useinversexyz hadn't addressed the pause.

https://t.co/jlcvU6CSpG

[trenchbook @trenchbookapp]

Another one: posts on X saying "INVERSE allocation is now live" link to useinversexyz[.]com, a domain registered on 28 Oct through a different registrar.

Inverse's own account, @useinversexyz, links a different site, registered on 27 Oct. As of 11:12 AM ET today, Inverse had announced no allocation or airdrop; on 28 Oct it wrote "Nothing to claim, nothing to stake".

Don't connect a wallet or sign anything there.

https://t.co/gYa5z4NB9C

[trenchbook @trenchbookapp]

@ChimpxAI posted its CHIMP allocation checker this morning from its own account. Two other 'checker' sites being pushed on X today were registered this morning; one copies the official page and asks you to connect a Solana wallet. We haven't seen what they do after you connect. Don't connect a wallet to any checker you can't trace back to their account.

[trenchbook @trenchbookapp]

@jupiter_earn For scale: at 7:27 AM ET, Jupiter's own Lend API showed the USDC vault with about 418 million USDC supplied and about 0.31 USDC available to withdraw.

https://t.co/6YZQ1rEZU7

[trenchbook @trenchbookapp]

Later on 29 Oct, the wallet that paid Zeroday's launch-block buyers sent about 2,774 SOL back to the wallet that had paid it, at 9:57 PM ET, and about 106 more at 9:59.

https://t.co/Al7ISBn1Mu

[trenchbook @trenchbookapp]

At 8:06 PM ET, the wallet that sent the payers of Super Intelligent Beauty and AgenC SI Beauty their SOL sent a new wallet 3,000 SOL.

Between one and five seconds before "Everyday is Zeroday" launched at 8:07 PM, the new wallet sent SOL to all 24 wallets that then bought in its launch block, about 255 SOL; one of the 24 then created the coin. Those 24 bought about 92.8% of the supply.

By 8:25 PM all 24 had sold all of their Zeroday, and they sent about 3,191 SOL back to the wallet that paid them.

https://t.co/Qx9LuyDKCc

[trenchbook @trenchbookapp]

At 8:39 PM ET last night, 29 Oct, the wallet that sent HypeDog's payer its SOL sent a new wallet 1,000 SOL.

In the blocks just before "BitCat Coin" launched at 11:21 PM, the new wallet sent SOL to 23 of the 24 wallets that then bought in its launch block, about 165 SOL; one of the 23 then created the coin. Those 23 bought about 88.1% of the supply.

https://t.co/Qx9LuyDKCc

[trenchbook @trenchbookapp]

At 2:04 PM ET, the wallet that sent Catpoop Coin's payer its SOL sent a new wallet 1,000 SOL.

About two seconds before "HypeDog" launched at 2:35 PM, the new wallet sent SOL to 23 of the 24 wallets that then bought in its launch block, about 163 SOL; one of the 23 then created the coin. Those 23 bought about 88.1% of the supply.

https://t.co/Qx9LuyDKCc

[trenchbook @trenchbookapp]

At 11:52 AM ET, the wallet that paid Stonkodile Tears' launch-block buyers sent SOL to all 9 wallets that then bought in the launch block of "Houseworming", about 257 SOL, 11 seconds before it launched on pumpfun; one of the 9 then created the coin. In the launch block those 9 bought about 92.9% of the supply.

The 8 other than the creator sold all of their Houseworming by 12:01 PM and sent about 1,069 SOL back to that wallet.

https://t.co/Vsr4gcrL5R

[trenchbook @trenchbookapp]

Cattleaxe (CATTLEAXE) launched on pumpfun at 3:35 PM ET on 24 Oct.

At 3:35:18 PM, 39 seconds before launch, one wallet sent SOL in one block to eight wallets that then bought in the launch block, about 269.5 SOL, plus 0.20 SOL to the wallet that then created the coin. The eight bought about 93.0% of the supply in three transactions.

By 3:45 PM they had sold all of their 93.0% in 1,057 sales for about 1,199 SOL, and about 1,203 SOL went back to the wallet that paid them, in 410 transfers.

That wallet's first transaction, at 1:19 PM, was 1 SOL from another wallet, which sent it 299 SOL 19 seconds later. On 20 Oct that wallet had sent 1 SOL and then 269 SOL to the wallet that paid MONEYBIZ's launch-block buyers.

CATTLEAXE's highest 5-minute close so far was about $1.46M, at 7:40 PM ET; its latest, at 8:35 PM ET, was about $1.22M, per GeckoTerminal.

https://t.co/Vsr4gcrL5R

[trenchbook @trenchbookapp]

29 Oct update: at 8:06 AM ET, the wallet that sent CATTLEAXE's payer its SOL sent a new wallet 249 SOL.

Thirteen seconds before "Stonkodile Tears" launched on pumpfun at 8:23 AM, that wallet sent SOL to all 9 wallets that then bought in its launch block, about 240 SOL; one of the 9 then created the coin. In the launch block those 9 bought about 92.5% of the supply.

https://t.co/Vsr4gcrL5R

[trenchbook @trenchbookapp]

This evening, the payers of three of today's launches sent their SOL back to the wallets that had paid them:

HYPERCAT's payer, its whole balance, about 1,134 SOL, at 7:48 PM ET.
HypeDog's payer, about 1,028 SOL, at 7:34 PM.
The second Hyper-Chan's payer, its whole balance, about 1,730 SOL, at 6:45 PM.

https://t.co/Qx9LuyDKCc

[trenchbook @trenchbookapp]

Heads-up: an X account is posting "FLOAT allocation is now live" every few minutes, linking to a site registered today, 29 Oct.

Float's own account, @floatdotxyz, had announced no FLOAT allocation as of 6:53 PM ET.

Don't connect a wallet or sign anything there.

https://t.co/fLnrPkjHct