Space is the first leveraged trading market on Solana offering 10x leverage, allowing users to trade real-world outcomes in crypto, politics, sports, tech, culture, and more, with rewards. Today, they announced the public sale of their native token $SPACE.
The company employs a token flywheel mechanism, with 50% of revenue used to buy back and burn $SPACE.
Space is built by the UFO team, UFO was a top 100 project on CoinMarketCap in 2021 with a market cap exceeding $1.5 billion and a massive on-chain community. This success came from distribution and community, not insiders. The same ethos drives Space.
Core Features
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Central Limit Order Book (CLOB) with no maker fees for traders
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Well-designed user acquisition and retention mechanisms
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<极狐span style="font-family:Arial,Helvetica,sans-serif">50% of revenue used for buyback and burn
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Gamified points, rankings, and seasonal airdrops
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Liquidity and referral rewards
Space's $3 million seed and strategic rounds were led by Morningstar Ventures and Arctic Digital. Additionally, it set a record with 1360% oversubscription on Echo and received participation from Impossible Finance investors.
Now, they are opening up ownership to the community. The team believes that those who use, trade, build, and support Space should own a piece of it. The public sale places ownership in the hands of the community, ensuring everyone can participate at the same price. The public sale uses a variable token distribution model. The number of tokens allocated depends on the final market clearing price. This ensures fair and efficient price discovery while guaranteeing all participants get the same price.
Key Details
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Chain: Solana
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Start Time: December 17, 2025, 18:00 UTC
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Target: $2.5 million
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Minimum FDV: $50 million
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Maximum FDV: $99 million
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FDV Curve: Linear ($0.05 → $0.099)
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Unlock: 100% at TGE
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Accept: USDC, USDT, SOL
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Minimum Contribution: None
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Maximum Contribution: None
How It Works
After the countdown, sale.into.space will open for contributions. The sale starts at a floor valuation of $50 million FDV and maintains this level until the $2.5 million target is reached. After the target is met, the sale enters a price discovery phase where the FDV increases linearly up to the $99 million cap. At the end of the sale, all participants pay the same clearing price. If demand exceeds the tokens available at the final price, the team will manage allocations and refund any excess contributions to ensure fair participation for all contributors.
Tiers & Rewards
Tiers will change every 24 hours. Users who commit earlier achieve higher tiers, increasing their likelihood of allocation: unlocking larger bonus airdrops, lifetime privileges, and benefits on the Space platform.
Minimum contributions are used to unlock tiers and subsequent rewards. There is no minimum contribution requirement to participate in the public sale.
Reward Benefits
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Reward Airdrops: Unlock additional bonus token airdrops
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Points Multiplier: Earn points faster during Airdrop Seasons 1-4 (Q1-Q4 2026)
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Referral Multiplier: Lifetime rewards from trading fees of referred users
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Trading Fee Discounts: Reduced fees on user trades for 12 months
A user's total contribution is cumulative, but a tier is only achieved if the minimum contribution is met during that tier's active window. Once a user earns a tier, it is终身 associated with their Space profile with additional benefits.
Allocation & Refunds
In case of oversubscription, the team will manage allocations to ensure fairness. After the sale concludes, refunds will be processed for any excess contributions, with specific criteria disclosed post-sale.
Tokenomics
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Total Supply: 1 billion
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Flywheel Mechanism
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All platform fees power a self-sustaining loop:
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50% of revenue → Buyback and burn $SPACE
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50% of revenue → Protocol treasury
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Next Steps
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Public Sale: December 17, 2025, 18:00 UTC
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Refunds: Immediately after the sale
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TGE: After the public sale
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Platform Launch: January 2026
How to Participate
Users can:
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Visit sale.into.space
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Connect a self-custody wallet (Phantom recommended)
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For the best user experience, use a desktop device
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Select contribution amount in USDC, USDT, or SOL
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Sign and confirm the transaction
Important: Do not send from a centralized exchange (CEX). Use a self-custody wallet like Phantom.
About Space
Space is a leveraged trading market on Solana, created by the UFO team, UFO was a top 100 project with a market cap exceeding $1.5 billion. It combines a central limit order book, 10x leverage, and zero maker fees to address liquidity challenges common in prediction markets. Space integrates gamified rewards, referral incentives, and seasonal airdrop systems to enhance user engagement.
The protocol raised $3 million, including a round with 1360% oversubscription on Echo.xyz, backed by Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital. By allocating 50% of platform revenue to a buyback and burn mechanism, Space aims to serve as a foundational layer for decentralized prediction markets, supporting traders, developers, and token holders.
Website: https://into.space/
