The PocketFi crypto project is officially listing its $SWITCH token today, May 20, 2025. The token will first appear in the SWITCH/TON trading pool on Ston.Fi, a decentralized platform built on the TON blockchain. There is no confirmed launch on centralized exchanges (CEX) like Binance, OKX, or MEXC as of now.
Source: X
The project is using a Dutch Auction model to allow its community to claim their tokens without creating heavy sell pressure, which often crashes the price on launch day. Instead of an instant full unlock, the team has spread out the SWITCH claim process over several days.
Users can start claiming their $SWITCH tokens today through the old version of the Telegram bot. However, claiming is not instant. Instead, a Dutch Auction system is being used to gradually release tokens to users over a period of 20 days.
Here’s how the auction works:
The claim window opens today, May 20, at 15:00 UTC and ends on June 9, 2025.
On Day 1, 100% of coins will go into a 3-month staking lock.
Each day, the locked portion will reduce by 5%.
By June 9, users can claim 100% of their tokens without any staking lock.
All claims require a small TON balance in your wallet to process on-chain transactions.
The gradual release is designed to avoid sudden mass selling and help stabilize the price after the launch. Claimed tokens will show up in users’ balances on PocketFi 2.0, the newly upgraded app.
Launched on May 17, PocketFi 2.0 lets users trade Solana using their TON wallet. The app supports gasless swaps and offers best-price routing without needing SOL — all swaps are handled in USDC.
After a 2% burn, the total supply stands at approximately 3.11 billion. The distribution is as follows:
Source: Whitepaper
Mining: 51%
Team: 20%
Treasury: 13%
Launchpool: 9%
Liquidity: 7%
The large portion reserved for mining shows the project's long-term goals to involve more community participants. One of PocketFi’s major strengths lies in its massive community support, with 715,300 Twitter followers, 3.1 million Telegram subscribers, and over 532,829 active users. This strong social presence highlights the project's growing popularity and user engagement, reinforcing its credibility and potential for sustained growth in the crypto space.
Despite no CEX listing yet, early forecasts suggest the token may list between $0.050 and $0.080. However, due to limited exchange access and low initial liquidity, the price may dip before stabilizing.
In the future, if $SWITCH gets listings on large centralised exchanges and its user base keeps growing, its price can reach $1–$5 in the long run. These are forecasts, and anything could be otherwise.
By not listing on centralized exchanges at initial release and going the DEX-only route on Ston.Fi, it is seeking to maintain initial trading free from corruption. The Dutch Auction system prevents instantaneous price crashes typical of new tokens. Individuals are incentivized to wait for official channels and grab tokens only through the authorized bot.
Investors should not forget that there is always risk with any crypto token. Always research for yourself before investing in anything.
Deepmala Upadhyay is an experienced crypto journalist, content strategist, and News writer with over 5 years of expertise in writing and the crypto industry. Holding a Bachelor's Degree in Computer Science and a deep understanding of blockchain technology and financial markets, she excels in delivering exclusive news, in-depth research blogs, and expertly crafted on-page SEO content. As a team lead and content writer at CoinGabbar, Deepmala is responsible for analyzing blockchain technologies, cryptocurrency, price movements, and the crypto market with precision and insight. Her keen ability to create well-researched, impactful content, combined with her expertise in market analysis, makes her a trusted voice in the crypto space.