Useless Coin is a cryptocurrency project that positions itself as "the world's first cryptocurrency that promises nothing and delivers exactly that." Operating on the Solana blockchain, it is characterized by its explicit lack of utility, features, or development roadmap, embracing a philosophy of "pure uselessness" and "honest marketing" within the memecoin sector. The project's core tenet is to be "zero purpose, 100% useless," contrasting itself with traditional crypto projects that aim to provide decentralized finance (DeFi), non-fungible tokens (NFTs), or staking functionalities [1].
Useless Coin (USELESS) was launched with the stated intention of being a memecoin that offers no inherent value or utility, distinguishing itself through a transparent admission of its own pointlessness. This approach is a satirical commentary on the broader cryptocurrency market, particularly the proliferation of projects with vague promises or unfulfilled roadmaps. The project's marketing emphasizes its "honesty," claiming to deliver "exactly nothing" as promised. It operates under the principle of "Proof of No Work," highlighting its lack of employees or active development.
The project gained attention by publicly comparing its market capitalization to that of established companies, often "flipping" them in terms of valuation despite offering no products or services. For instance, Useless Coin has noted surpassing the market caps of companies involved in robotic surgical systems, auto loans, and time management training, using these comparisons to underscore its self-proclaimed uselessness [2].
Useless Coin is built on the Solana blockchain, utilizing its infrastructure for transactions and token management. The project explicitly states that it has no technical specifications, DeFi integrations, NFTs, or staking mechanisms. Its "whitepaper" is presented as a satirical 47-page document that humorously explains its lack of a need for a whitepaper, containing sections like "Technical Specifications (There are none)" and "Use Cases (Spoiler: There are none)." The document concludes by stating, "The whitepaper doesn't actually exist. This is performance art". The token's contract address on Solana is Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk. [1] [2] [3] [4]
As of July 24, 2025, Useless Coin (USELESS) has a circulating supply of approximately 999,940,362 tokens, which also represents its total supply and maximum supply, capped at 1,000,000,000 tokens. This means that the fully diluted valuation (FDV) is equal to its market capitalization, as the entire supply is considered to be in circulation.
The project's tokenomics are designed to reflect its "useless" nature, with no complex emission schedules, burning mechanisms, or lock-up periods that might influence its market price beyond speculative trading. [4]
USELESS tokens are available for trading on various centralized and decentralized cryptocurrency exchanges. The most active trading pair for USELESS is typically against USDT (Tether).
Major exchanges supporting USELESS include:
These platforms facilitate trading pairs such as USELESS/USDT, USELESS/SOL, and USELESS/USDC. [4]
The core philosophy of Useless Coin is to be an "honest cryptocurrency" that openly admits its lack of utility. This is reflected in its marketing slogans such as "Zero purpose. 100% useless" and "We promise nothing and deliver exactly that." The project's website explicitly states, "No DeFi, no NFTs, no staking. Just pure, unadulterated uselessness".
The project's marketing strategy often involves humorous comparisons of its market capitalization to that of established companies, emphasizing that USELESS achieves significant valuations without any tangible product or service. For example, it noted flipping companies like Stereotaxis Inc., which develops robotic surgical systems, and Franklin Covey Co., known for time management training. This satirical approach aims to attract users who appreciate meme culture and a critique of the often over-hyped cryptocurrency market. The project's long-term vision, as humorously stated in its whitepaper, is for USELESS to "still be completely useless" in 2030, maintaining its tradition of non-functionality. [1] [2] [3]