A \u201cgm\u201d tweet from Sam Bankman-Fried has sparked speculation of his crypto comeback, linking him to a new Solana-based perpetual futures DEX launched by a former FTX COO.<\/p>\n
The project is using a \u201ctokenless\u201d model that rewards users with points, drawing parallels to SBF\u2019s past success with the \u201cSolana playbook.\u201d<\/p>\n
The SBF connection gained momentum after he broke<\/a> months of silence with a simple \u201cgm\u201d post from his official X handle, which quickly went viral. The timing also overlapped with a rally in the ASTER token, drawing parallels with SBF\u2019s infamous early bet on Solana in his 2023 trial testimony.<\/p>\n At his 2023 criminal trial, SBF testified<\/a> that he had invested in Solana (SOL) at $0.20 per token, which increased to over $15 billion at its peak. That gain drove FTX\u2019s early success and later downfall, as the token\u2019s decline added to the exchange\u2019s liquidity crisis.<\/p>\n With ASTER\u2019s recent rampage, some observers see<\/a> similarities to that playbook. The question is whether the rally is random, or if SBF or people in his inner circle could be peripherally involved in trying to replay the Solana trade.<\/p>\n Pacifica is a Solana permanent DEX with leveraged trading, but the twist is that it\u2019s a tokenless launch. Instead of launching a cryptocurrency, it rewards users weekly with 500,000 points unlocked each Thursday.<\/p>\n This is a growing trend in DeFi, where developers build liquidity and user bases quietly, often hinting at a future token airdrop.<\/p>\n Crypto Twitter claims the project is run by a former FTX COO. Constance Wang held the role before the collapse of FTX, but whether she is actively involved in the project\u00a0 has not been verified yet.<\/p>\n On September 23, 2025, Bankman-Fried\u2019s \u201cgm\u201d tweet went viral overnight: 7 million views, 16,000 likes, and thousands of reposts in hours. \u201cGm\u201d is a crypto culture shorthand greeting, but with this tweet, it had symbolic importance. From crypto\u2019s most divisive character, it excited and enraged the community, re-opening questions about his potential role in the next cycle.<\/p>\n The surge in rumors linking Pacifica, ASTER, and SBF has gotten intense attention. If speculation proves true and FTX insiders return to DeFi, it could attract scrutiny from regulators and the $8 billion in FTX collapse victims. Yet, crypto markets have a long history of embracing redemption narratives, with traders often willing to speculate on new ventures regardless of their founders\u2019 pasts.<\/p>\n So far, the connections remain circumstantial \u201cdots,\u201d according to one analyst, but even indirect ties to SBF are enough to stir markets. Whether Bankman-Fried is actively shaping Pacifica or only influencing from afar, the timing of his viral tweet, ASTER\u2019s pump<\/a>, and the launch of a tokenless Solana perpetual DEX has caused widespread speculation across the crypto community.<\/p>\n The post SBF\u2019s \u2018gm\u2019 Tweet Sparks Speculation of Comeback Amidst New Solana-Based Perp Dex<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" A \u201cgm\u201d tweet from Sam Bankman-Fried has sparked speculation of his crypto comeback, linking him to a new Solana-based perpetual futures DEX launched by a former FTX COO. The project is using a \u201ctokenless\u201d model that rewards users with points, drawing parallels to SBF\u2019s past success with the \u201cSolana playbook.\u201d The Solana Playbook The SBF […]<\/p>\n","protected":false},"author":0,"featured_media":99829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-99828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/99828"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99828"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/99828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/99829"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Tokenless Experiment<\/h2>\n