SODA Is Now Trading on Bound Exchange
A new venue for SODA, and a new way to access the asset powering native Bitcoin execution across DeFi and real-world asset markets.
SODAX Team
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SODA is now trading on Bound Exchange alongside JUP, JTO, jitoSOL and USDC, a decentralized exchange building its full stack native to Bitcoin.
Bound Exchange routes trade through the SODAX execution infrastructure, meaning users can now easily hold the underlying asset of the system they use.
Holding SODA gives you exposure to the SODAX execution system: infrastructure live across blockchain networks, with xSODA aligning long-term holders to protocol revenue and governance.
SODA is now trading on Bound Exchange.
For current holders, that is one more place to buy, sell, and manage your position. For anyone still on the outside looking in, this is as good a moment as any to understand what you would actually be holding.
What is Bound Exchange?
Bound is full-stack DeFi built natively on Bitcoin. Users can invest, borrow, and earn from a single self-custodial account. No KYC, no bridges, no liquidations. Through Bound you can trade crypto majors (ETH, SOL, BNB, USDC) and RWAs with atomic on-chain settlement, secured by your own keys.
Why hold SODA?
In addition to being the protocol governance token of the SODAX execution system, SODA is also built on SODAX’s cross-network token standard, native across integrated networks. You can hold the asset anywhere SODAX operates in order to participate in the protocol and gain additional exposure to its operation across 19 networks today.
Real partners are executing through that infrastructure and generating volume through the SODAX execution system. Holders of the SODA asset benefit from this ongoing activity through several passive and active connections between tokenomics and protocol usage:
All transaction fees from transactions routed are collected in the SODAX fee wallet.
20% of these fees are deployed to buy-back and programmatically burn SODA.
20% is distributed as SODA staking rewards in the staking pool on SODA Exchange.
10% is distributed to the DAO fund, for ecosystem expansion and strategic partnerships.
While the remaining 50% is used to grow Protocol-owned liquidity for increased depth.
Through xSODA, the staking and governance representation of SODA, long-term holders align directly with protocol revenue and decision-making.
SODA now listed
SODAX provides the execution infrastructure behind Bound. When a user trades across blockchain networks on Bound, the SODAX execution system coordinates that transaction. SODA is the protocol governance token for the SODAX execution system, and now available for trade direct to Bound users.
A new listing is a new access point, bringing more venues online to buy and hold SODA and, in the case of Bound, exposure for a user base already active in using the underlying infrastructure.
Head to Bound Exchange now to buy SODA and for everything holders need to know, be sure to check out our holders page and SODA tokenomics.
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