★ HOW IT WORKS

$SUNK, in plain words.

Bought high and now the price is below what you paid? Most coins forget you. This one pays you. Here is everything, short.

01The idea

Every trade pays a small fee. Those fees go into a pot. When the price dips, a quarter of the pot buys $SUNK and gives the coins to the people who are underwater. The deeper you are, the bigger your cut.

That is the whole coin. No staking, no signing up, no claim button. If you hold and you are down, you get paid automatically.

02What "underwater" means

Underwater = the price is lower than what you paid.

You bought at $1. The price is now $0.60. You are 40% underwater.

If you bought several times, we use your average buy price.

If the price is above what you paid, you are in profit. You float on top of the water. You are not paid, because you are already winning.

03The pot

Every buy and every sell of $SUNK pays a small creator fee on pump.fun. That fee goes to the pot wallet (we call it the crank).

A bot collects those fees every minute. The pot number on the site is the real amount it collected, on chain.

More trading = bigger pot. The pot fills whether the price goes up or down.

04Payday: when the price dips

At :00, :15, :30 and :45 (UTC) the bot checks the price.
Is the price 10% or more below its highest point of the last hour? That is a dip. If not, nothing happens and the pot keeps growing.
On a dip, the bot finds every wallet that qualifies (next section).
It spends 25% of the pot to buy $SUNK on the market.
It sends those coins to everyone who qualifies, split by their share.
It writes the payday into the ledger with the transaction links.

You are paid in $SUNK, not in SOL. Every payout is a buy of the coin, so paydays push the price up a little too.

Why only 25%? So the pot never empties. 75% stays as the reserve, ready for the next dip. Pumps grow the pot, dips pay it out.

No dip, or nobody qualifies? Nothing is spent. The pot keeps growing.

05Who gets paid

You get paid if all four are true at payday:

UNDER BY

20%+

Your price is at least 20% below what you paid. Slightly red does not count.

DOWN AT LEAST

0.01 SOL

Dust does not count.

HELD FOR

15 min

Since your buy. Stops quick in-and-out farming.

STILL HOLDING

yes

If you sold, you are out (see "Selling").

Only real buys count. Coins sent to you from another wallet do not give you a buy price. The dev wallet is never paid.

06How much you get

Your share grows with three things: how much SOL you lost, how far under you are, and how long you have been under.

your share = SOL you lost × how far under × hours underthe same, added up for everyone who qualifies

Bigger bag down = bigger share. A 5 SOL loss gets more than a 0.02 SOL loss.
Deeper = bigger share. −70% gets more than −25%.
Longer = bigger share. Holding through the dip pays.
Max 5% per wallet per payday, so one whale cannot take everything.
Max 5 SOL spent per payday. Anything above rolls over.

Because of the 5% max: if only a few wallets qualify, only part of the pot is spent (for example 4 wallets × 5% = 20%). The rest stays in the pot for the next payday.

07Example

The pot has 8 SOL. The price just fell 15% from its 1-hour high, so it is a dip: this payday spends 2 SOL (25%). These wallets are underwater:

wallet	SOL lost	under	hours	result
A	3.0	−60%	2	paid, big share
B	0.5	−35%	1	paid, small share
C	0.2	−25%	0.5	paid, tiny share
D	1.0	−12%	3	not 20% under yet
E	0.8	−40%	0.1	bought 6 min ago, wait
F	2.0	+30%	—	in profit, not paid

A, B and C qualify. A lost the most, is the deepest, and held the longest, so A gets the biggest share (up to the 5% max). With only 3 wallets qualifying, 15% of those 2 SOL is spent; the rest stays in the pot.

08Selling

Sell while you are underwater, and your payouts stop that second. You keep what you sold for. You just leave the pot.

The site shows sellers as "sold out" with how much they gave up per day. Buy again later and you start fresh: new buy price, new 15-minute wait.

09Check yourself

Go to the water and click Find my wallet. Paste your address.
The page jumps to your diver. Hover it: your buy price, how far under you are, your share, what you get per hour.
If you are not paid yet, it says why (for example "bought less than 15 min ago").
Click Make my card to get an image of your dive to post on X.

10Proof, everything is public

Contract ($SUNK)

—

Pot wallet (collects the fees, buys, pays). Watch it on Solscan:

61jNxvayvCSDHVmEXkahH7xiCRuvB3N7FoPEJ7EnNbEK

Every fee claim, every buy and every payout is a normal Solana transaction anyone can check.
The ledger lists every payday with its transaction links.
The wallet list shows every wallet, its buy price and its share. Nothing hidden.

11FAQ

Do I need to sign up or claim?

No. Hold $SUNK in your wallet. If you qualify at payday, the coins arrive by themselves.

Why was nobody paid at the last check?

Either there was no dip (the price was not 10% below its 1-hour high), or nobody qualified yet (for example they bought less than 15 minutes ago). The pot keeps growing until the next dip.

Why is the pot never fully paid out?

Each dip spends 25% of it. The other 75% is the reserve, so there is always a pot waiting for the next dip.

Why am I underwater but not paid?

Check the four rules: 20% under, down at least 0.01 SOL, held 15 minutes, still holding. Find your wallet on the site, it tells you which one is missing.

Is it paid in SOL?

No, in $SUNK. The pot buys $SUNK on the market and sends you the coins.

Can a whale take the whole pot?

No. Max 5% per wallet per payday.

What if I buy more while I am underwater?

Your average buy price goes down, and your SOL in goes up. Your share is worked out from the new numbers.

Does the dev get paid?

No. The dev wallet is excluded from every payday.

Is this financial advice?

No. $SUNK is a memecoin. Prices go down as well as up. Only use money you can lose.