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MINDFAK (By Matt Furie) Explained: Tokenomics, Listings, Audit Status, and How to Trade

MINDFAK (By Matt Furie) Explained: Tokenomics, Listings, Audit Status, and How to Trade

Editor's Pick: Check MINDFAK's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

MINDFAK (also stylized as “Mindfak By Matt Furie”) is a meme-first cryptocurrency project that leans on internet culture and the ethos of transparency to push back against the scammy side of crypto. Drawing inspiration from artist Matt Furie, the creator of Pepe the Frog, the token’s narrative is about “clean game, fakked name”—a tongue‑in‑cheek way to say: no hidden fees, no rugs, and community-first growth.

Below is a concise, practitioner-friendly breakdown of what MINDFAK is, how its tokenomics work, where it trades, current market snapshots, and the main risks to watch.

Which chain is MINDFAK on?

There’s been some confusion around the chain and contract:

  • An Ethereum ERC‑20 token widely referenced as “MINDFAK By Matt Furie” uses contract address 0x78cbe...d2ef. You can verify it on Etherscan.
  • A token branded similarly exists on BNB Chain (BEP‑20) at 0x6d53...d0d8.

Why it matters: tokens with similar tickers/names can exist across multiple chains. Always verify the exact contract on the chain you intend to use, and cross-check the project’s official channels (e.g., site, X/Telegram) before trading.

Helpful links:

Tokenomics at a glance

Tokenomics describes a token’s supply, fees, liquidity, and any mechanics that can impact holders.

  • Supply: 690,000,000 tokens reported as the total and max supply, with all tokens circulating. That implies no further minting and no inflation pressure from new emissions.
  • Buy/Sell Tax: 0% stated trading tax to keep trading friction low and remove hidden fee concerns.
  • Liquidity: LP (liquidity provider) tokens reportedly burned. Burning LP tokens is a common anti‑rug measure because it prevents the team from withdrawing the core liquidity pool later.

What this means for traders: fixed supply + 0% tax + burned LP are all trust-forward choices typical of meme tokens that want to distance themselves from common pitfalls.

Utility and what the team signals next

As a meme coin, MINDFAK’s near-term “utility” is community and culture:

  • Meme culture and art: turning internet-native creativity into value via viral content and community campaigns.
  • Community power: growth led by holders through social pushes, contests, and co-creation.
  • Transparency posture: verified contract, no hidden fees, public anti-rug signaling.

Potential roadmap ideas the project has floated:

  • Staking and governance (to let holders weigh in on decisions)
  • Mini-games and other engagement hooks

Note: Some of these items are roadmap‑style and may be subject to change. Always check official updates.

Listings and where to trade MINDFAK

Decentralized exchanges (DEX):

  • Ethereum: Uniswap V2 for the ERC‑20 contract.
  • BNB Chain: PancakeSwap is a likely venue for the BEP‑20 contract.

Centralized exchanges (CEX) and market trackers:

Pro tip for meme traders: Use analytics-first platforms to monitor smart money flows, risks (e.g., honeypots, high taxes), and real-time momentum. One recommended option is gmgn.ai’s MINDFAK page, which helps with rapid discovery, security checks, and trend tracking across memes.

Important: Always confirm you’re interacting with the correct contract on the correct chain before you swap.

Market snapshot (mid–August 2025)

Market data varies by source and can update quickly:

  • Market cap: roughly $8.08M–$8.6M.
  • 24h volume: approx. $321K–$486K.
  • Price: examples include ~$0.0124 USD on MEXC (Aug 11, 2025) and ~0.01559 CAD on Bitget (with noted daily swings).
  • Performance: reports suggest strong multi-month gains (+570% to +580% year-over-year on some trackers), but also sharp intraday volatility.

Takeaway: expect meme‑coin‑standard volatility. Liquidity depth and spreads can vary by venue.

Security posture and audits

  • Verified contract: code is publicly viewable on Etherscan/BscScan, aiding community review.
  • GoPlus audit: the team cites a GoPlus Security smart contract audit. Audits help flag known pitfalls like hidden mints or blacklist functions, though no audit guarantees safety.
  • LP burn: presented as an anti‑rug measure to reduce liquidity withdrawal risk.

What to check yourself:

  • Confirm the exact audited contract address matches the one you plan to trade.
  • Review any renounced ownership or admin function details on the explorer’s “Read/Write Contract” tabs.

How to trade safely (step by step)

  • On Ethereum (ERC‑20):

    1. Verify the Ethereum contract on Etherscan.
    2. Swap on Uniswap V2 with a reputable router; double‑check slippage and token address.
  • On BNB Chain (BEP‑20):

    1. Verify the BSC contract 0x6d53...d0d8.
    2. Swap on PancakeSwap and confirm the exact token you import.
  • On CEXs:

    • Search the MINDFAK/USDT pair (or local fiat cross) on venues like MEXC, Bitget, XT.COM, Toobit, and Biconomy. Compare price, liquidity, and withdrawal fees.
  • For tracking and discovery:

Key risks to keep in mind

  • Meme‑coin volatility: prices can swing rapidly on news, listings, or social buzz.
  • Chain confusion: multiple contracts with similar branding can lead to mistakes. Always copy the contract from the official source you trust.
  • Information gaps: meme coins often under-disclose team details and day‑to‑day development plans. Treat roadmap hints as non‑binding.
  • Market/liquidity risk: depth can vary across CEXs and DEXs, impacting slippage.
  • Brand association: references to Matt Furie are largely cultural/marketing; there’s no clear evidence he’s directly building or operating the token.

TL;DR

MINDFAK is a culture‑driven meme token that emphasizes 0% tax, LP burns, and a “trust‑first” stance. It appears across Ethereum (ERC‑20) and BNB Chain (BEP‑20), so verifying the exact contract is essential. It’s tradable on Uniswap and several CEXs like MEXC and Bitget, with analytics/tracking support available via platforms such as gmgn.ai. As with all meme coins, risk is high—do your own research, size positions conservatively, and never trade without double‑checking the contract and venue.

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