Space is the first trading market on Solana to offer 10x leverage.
Space is the first trading market on Solana to provide 10x leverage, allowing users to trade real-world outcomes in areas such as crypto, politics, sports, technology, and culture, and rewarding them for it. Today, they announced the public sale of their native token $SPACE.
The company employs a token flywheel mechanism, with 50% of revenue used for the buyback and burn of $SPACE.
Space is built by the UFO team, which was ranked among the top 100 projects on CoinMarketCap in 2021, with a market cap exceeding $1.5 billion and a large on-chain community. This success stems from distribution and community rather than insiders. The same philosophy drives the development of Space.
Core Features
Central Limit Order Book (CLOB), traders incur no maker fees
Well-designed user acquisition and retention mechanisms
50% of revenue used for buyback and burn
Gamified points, rankings, and seasonal airdrops
Liquidity and referral rewards
Space's $3 million seed and strategic round financing was led by Morningstar Ventures and Arctic Digital. Additionally, it set a record with a 1360% oversubscription on Echo, with participation from investors of Impossible Finance.
Now, they are opening ownership to the community. The team believes that those who use, trade, build, and support Space should own a part of it. The public sale places ownership in the hands of the community, ensuring that everyone can participate at the same price. The public sale adopts a variable token allocation model. The number of tokens allocated depends on the final market clearing price. This ensures fair and efficient price discovery while guaranteeing that all participants receive the same price.
Key Details
Chain: Solana
Start Time: December 17, 2025, 18:00 UTC
Target: $2.5 million
Minimum FDV: $50 million
Maximum FDV: $99 million
FDV Curve: Linear ($0.05 → $0.099)
Unlock: 100% unlock at TGE
Accepted: USDC, USDT, SOL
Minimum Contribution: None
Maximum Contribution: None
How It Works
After the countdown ends, sale.into.space will open for contributions. The sale starts with a floor valuation of $50 million FDV and maintains this level until the $2.5 million target is reached. Once the target is met, the sale enters the price discovery phase, with FDV increasing linearly to a cap of $99 million. At the end of the sale, all participants pay the same clearing price. If demand exceeds the available tokens at the final price, the team will manage the allocation and refund any excess contributions to ensure fair participation for all contributors.
Levels and Rewards
Participation levels will change every 24 hours, with users who commit earlier having higher levels and greater chances of receiving allocations: unlocking larger bonus airdrops, lifetime privileges, and benefits on the Space platform.
Minimum contributions are used to unlock levels and subsequent rewards. There is no minimum contribution requirement to participate in the public sale.
Reward Benefits
Bonus Airdrops: Unlock additional bonus token airdrops
Points Multiplier: Earn points faster during airdrop seasons 1-4 (Q1-Q4 2026)
Referral Multiplier: Lifetime rewards from trading fees of referred users
Trading Fee Discounts: Reduced fees on user trades for 12 months
Users' total contributions are cumulative, but the level can only be achieved if the minimum contribution is met during the valid window for that level. Once a user achieves a certain level, it will permanently belong to their Space profile, along with additional benefits.
Allocation and Refunds
In the event of oversubscription, the team will manage allocations to ensure fairness. Any excess contributions will be refunded after the sale ends, with specific criteria disclosed after the sale concludes.
Token Economics
Total Supply: 1 billion
Flywheel Mechanism
All platform fees drive a self-sustaining loop:
50% of revenue → Buyback and burn $SPACE
50% of revenue → Protocol treasury
Next Steps
Public Sale: December 17, 2025, 18:00 UTC
Refunds: Immediately after the sale ends
TGE: After the public sale
Platform Launch: January 2026
How to Participate
Users can:
Visit sale.into.space
Connect a self-custody wallet (Phantom recommended)
For the best user experience, a desktop device is suggested
Choose the contribution amount in USDC, USDT, or SOL
Sign and confirm the transaction
Important Note: Do not send from centralized exchanges (CEX). Please use a self-custody wallet like Phantom.
About Space
Space is a leveraged trading market based on Solana, created by the UFO team, which is 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 common liquidity challenges in prediction markets. Space integrates gamified rewards, referral incentives, and seasonal airdrop systems to enhance user engagement.
The protocol raised $3 million, including a record 1360% oversubscription round on Echo.xyz, supported by Echo, Impossible Finance, Morningstar Ventures, and Arctic Digital. By allocating 50% of platform revenue to buyback and burn mechanisms, Space aims to provide a foundational layer for decentralized prediction markets, supporting traders, developers, and token holders.
Official website: https://into.space/
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