CHUTE
Snapshot as of Sep 9, 2026 · pulled straight from the Wheel coin page — click through above for real-time numbers.
Chute isn't pitched on a chart pattern. It's built around Wheel's Parachute fee engine — a mechanism designed to run for years, not a headline for a week. No presale, no team allocation: one transaction, a supply that only goes down from here as trading fees buy back and burn it, priced from day one across 57 markets.
0x7D9645f67064348961a57BA3093b660150b67a68
Parachute reserve · seeded with 10,180,995 $CHUTE at launch — no owner, no withdraw
0xE5361C49cD71ddAB4Bf2d2e1ebC5De4423c4d8b1
Every coin launched on Wheel gets its own fee engine, set once at mint and never changeable after. Chute runs in Parachute mode: instead of every fee locking away as static liquidity, a share of it is held back and paid out to the people still holding when price is down from its high — then rolls into permanent liquidity the moment a new high is made.
Fees generated while price sits below its high are held in reserve and paid out to holders, in proportion to what they still hold — up to 33% of the fall covered.
The moment price sets a new high, the reserve for that climb becomes permanent liquidity instead — locked forever, same as Standard mode.
10,180,995 $CHUTE (~10.2M) was deployed straight into the Parachute reserve the moment Chute minted — a dedicated contract with no owner and no withdraw function, verifiable on-chain.
No hidden levers. The rules below are set by the mint transaction and can't be changed later — supply is the one number that moves, and it only ever goes down as trading fees keep buying back and burning $CHUTE.
A real parachute deploys in stages — pack, pilot chute, canopy, descent. That's the order we're building in, too. This is a roadmap of intent, not a promise of price.
Mint on Wheel, seed the bonding curve, publish docs and this page, open the socials, and get the fee mechanism visibly running on-chain for anyone to verify.
Grow the first real holder base, get Chute onto the trackers and screeners, and start publishing plain-language reports each time the Parachute reserve pays out.
Deeper liquidity, wider distribution, and a push to make Chute the reference example of what Parachute mode looks like at scale on Wheel.
The actual goal: still here in a year. Regular transparency reports, community input on how the project evolves, and no reliance on hype cycles to stay alive.
Robinhood Chain, launched through Wheel's factory contract. One mint transaction creates the coin, deploys its dedicated Wheel, and writes this page's link into the token so wallets and explorers can find it.
In Standard mode, every fee becomes locked liquidity, permanently. In Parachute mode — what Chute uses — fees generated while price is below its high are held back and paid to holders instead, covering up to 33% of a drawdown, then convert to liquidity again once a new high is set.
No. A starting supply of 1,000,000,000 was minted in one transaction and distributed entirely through the open bonding curve — nobody, including the builder, holds a pre-allocated share. That number only shrinks from here as trading fees buy back and burn $CHUTE.
No. See the note below — read it before you buy anything.