The query useless gmgn is almost always about Useless Coin (USELESS), the Solana memecoin that proudly admits it does nothing, and how it looks on GMGN's terminal. Short version: it trades on GMGN's Solana chain, you pay 1% per side plus a priority fee, and because "useless" and "worthless" are generic words, dozens of lookalike tokens share the name. The security panel is how you pick the right one.
Useless Coin is unusual among 2025 memecoins because it kept liquidity and holders long after its first spike. That makes it a regular on GMGN's Trending tab and a token many traders keep on a watchlist.
What is Useless Coin?
Useless Coin (ticker USELESS) launched on Solana in May 2025 through the Bonk ecosystem's launchpad (letsBONK / Bonk.fun). Its entire pitch is honesty: no utility, no roadmap, no staking, no governance, no promise of anything. That framing was a satire of the memecoin industry's habit of pretending every token has a use case, and it landed.
By mid-2025 USELESS had, according to reports from The Defiant and exchange news desks, overtaken BONK, WIF and Fartcoin to become the highest-market-cap memecoin on Solana. It also won a Kraken trading competition that placed its logo on Atlético de Madrid jerseys, a detail widely reported at the time. The project remains community-run with no revenue beyond liquidity fees.
Which chain and where it trades
USELESS is a Solana SPL token. It is also a magnet for copies: GMGN search will return tokens called Useless, Useless Coin, Worthless and similar on Solana, BSC and Base. Only one is the original. Set the chain to Solana (gmgn.ai/?chain=sol) and look for the token with a May 2025 creation date and deep liquidity.
This page does not print contract addresses. Verify in GMGN's security panel against the project's official X account. If you are unsure which X account is official, the token page on GMGN links socials, and CoinGecko's or CoinMarketCap's listing links the same account. Our GMGN bug bounty guide covers the process.
How to trade USELESS on GMGN
- Log in at gmgn.ai (Telegram, Google, email or Phantom); the GMGN web login guide explains the tradeoffs.
- Deposit SOL and keep 0.05 SOL back for gas and rent.
- Set the chain to Solana and search USELESS. Use the GMGN Robinhood filters guide to exclude tokens under a minimum liquidity if the search list is cluttered with clones.
- Choose priority fee (0.002–0.005 SOL for a manual trade per GMGN's recommendation) and slippage (Auto), then buy. The GMGN guide covers the panel.
- Exit with a limit sell or TP/SL from the GMGN auto sell guide, and check the wallet balance, not the PnL card, for your real result.
What to check before buying
- Mint authority disabled and freeze authority disabled: a mature token should show both.
- Top-10 holder %: high concentration on a community token means a few wallets set the price.
- LP burned %: expected for a launchpad token that migrated to a DEX pool.
- Rug probability and dev rug history: mostly useful for exposing clones, which often share a deployer with previous rugs.
- Bundlers / snipers / insiders %: an original launched in May 2025 will differ sharply from a clone bundled last week.
- Phishing flag: if it appears on the token or on large holders, walk away.
Fees on GMGN for USELESS
| Cost item | Amount | Source |
|---|---|---|
| GMGN fee | 1% per buy, 1% per sell | docs.gmgn.ai fee page |
| Priority fee | 0.0001–2 SOL, user-set | GMGN recommends 0.002–0.005 SOL for manual trades |
| Tip | 0.0001–2 SOL, optional | Private-node routing |
| Anti-MEV | 0.002 SOL priority + 0.0001 SOL tip minimum | Three modes |
USELESS has long since migrated off its bonding curve, so no launchpad fee applies to spot trades. On small tickets the priority fee dominates: 0.1 SOL at 0.002 SOL is 2% on-chain before the 1% GMGN fee. See the GMGN fees guide for break-even math.
Risk notes
USELESS has no cash flow, so its price is purely a function of attention, which arrives and leaves fast. Its name is generic, which makes imposters unusually common and makes typo-search traps ("worthless gmgn") easy to fall into. Large-holder sales can gap the chart.
Key takeaways
- Useless Coin is a Solana memecoin from May 2025, launched via the Bonk launchpad, with no utility by design.
- On GMGN, trade it with the chain set to Solana and confirm the contract in the security panel.
- Expect 1% per side plus your priority fee; keep 0.05 SOL in reserve.
- Filter out clones by liquidity and creation date before you click.
- Watch top-10 concentration; the GMGN app shows it on every token page.
Frequently asked questions
Is Useless Coin listed on GMGN?
Yes. GMGN shows USELESS on its Solana terminal with a candlestick chart, holder data and one-click trading. Switch the chain to Solana, search the ticker, and check the security panel before trading because many tokens use the word useless in their name.
What is the point of Useless Coin?
There is none, by design. The project markets itself as a coin with no roadmap, no staking and no utility, as satire of memecoin hype. Its value is entirely attention and community. It launched in May 2025 on Solana through the Bonk launchpad.
Is worthless coin the same as Useless Coin on GMGN?
No. Searches for worthless gmgn usually mean Useless Coin, but there are separate tokens literally named Worthless. Always match the ticker USELESS and the contract shown in GMGN's security panel to the project's official X account.
How much does GMGN charge to trade USELESS?
A flat 1% on each buy and sell, according to GMGN's documentation, plus a Solana priority fee you set (0.0001 to 2 SOL) and an optional tip. There is no subscription or extra charge for limit orders.
Sign up through our link and the code is applied for you. You pay GMGN's standard 1% with no markup, you get our free setup checklist that trims priority-fee costs by up to two thirds on small trades, and every guide here stays free.
Sources: GMGN documentation, DefiLlama, official app store listings and GMGN's public channels. See our methodology. Last reviewed .
