Retard Finder Coin (RFC) Gains 47% Following Bybit Perpetual Contract Listing

Solana-based memecoin Retard Finder Coin (RFC) has secured a listing on Bybit’s perpetual trading platform. Following the listing, RFC’s price soared by as much as 47% to a trading price of $0.1189.

🚀 #RFCUSDT Perpetual Contract is now LIVE on #BybitContract with @RFindercoin!

Trade with up to 20x Leverage.

📈 Trade $RFC: https://t.co/FQZTb1fMlV#BybitTrading #BybitListing pic.twitter.com/nRK4k4ZfaP

— Bybit Alpha (@BybitAlpha) April 14, 2025

RFC is a memecoin project launched via the Solana-based memecoin generator, Pump.fun. Its origin is inspired by the “I Find Retards” ecosystem on social platform X. According to its whitepaper, the project’s core features include advocacy for free speech, jokes, and decentralization. Like other tokens on Pump.fun, RFC embraces a fair token launch (no presale or airdrops), fixed supply, and zero transaction taxation.

RFC Enters Bybit Futures

Bybit’s announcement revealed that the Solana-based memecoin will be available for perpetual futures trading under the trading pair RFC/USDT. The crypto exchange added that the token can be traded with up to 20x leverage. Typically, higher leverages come with more dramatic price movement toward the upside or downside.

Bybit’s announcement revealed that the Solana-based token was listed in the Perpetual Trading Innovation Zone. The crypto exchange classifies cryptocurrencies in this category as innovative projects that seem promising despite their potentially higher risk. Bybit also mentioned that tokens in this zone introduce higher fees than other contracts in the perpetual futures market.

It is worth noting that listing RFC on Bybit Futures differs from listing on the spot market. The spot market allows users to buy and sell crypto assets at the current price. On the other hand, the futures market enables users to speculate on the future price of a cryptocurrency. Most centralized crypto exchanges often list a cryptocurrency on the futures market when they meet specific criteria before the digital asset qualifies for a spot listing.

Nonetheless, RFC’s onboarding to Bybit Futures allows it to be accessible by over 60 million users using the crypto exchange globally.

How RFC’s Price is Faring

RFC’s price surge after Bybit’s listing is not an entirely shocking move in the crypto market. Prices of crypto assets often soar following a listing announcement, especially when it comes from a reputable crypto exchange. Conversely, their prices plummet severely within a short time after news to delist a crypto asset that no longer meets the listing requirements.

As expected, RFC’s daily traded volume has significantly increased by over 114% to $73.5 million at the time of writing. On-chain data also showed that the price of RFC went on a downward spiral hours after Bybit Futures’ listing news. At press time, the Solana memecoin shook hands with $0.0993, representing over a 16% decrease from its peak around the time the announcement came.

Little wonder the RFC/USDT pair is not among the top 100 contracts on Bybit’s perpetual market at the time of writing.

On the bright side, the price movement of RFC over the past week is applaudable. Its current value represents a 209% surge in the past seven days and an 828% surge in the past two weeks.

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