The first week of MemeRepublic is officially over. This result speaks volumes about how the TON ecosystem is contributing to the growth and shaping of the on-chain meme coin arena. It wasn’t just about picking a winner within the community, it was about stress testing in real time to see what works, what doesn’t, and how quickly the system adapts.
UTYA enters the first week with an overall strong performance
MemeRepublic’s first winner was UTYA, which topped all metrics including liquidity, volume, and market capitalization. As winners, they received a $100,000 reward. Half of it will be used for direct market purchases and the other half will be used to provide liquidity.
For a contest built around measurable performance, UTYA’s success was not a fluke, but earned through its usefulness and long-term mission, which allowed it to build a thriving community.
Anyone following the contest can also track live leaderboards and current results directly through the MemeRepublic dashboard.
Strong presence from other leaderboards
One thing that was clear from the first week was that while UTYA took the top spot, it wasn’t a runaway victory, it was a very close battle. Here are the tokens that exited UTYA in the first week:
DOGS and REDO are both noteworthy. In fact, DOGS saw significant trading activity throughout the week and nearly overtook UTYA mid-cycle. By comparison, REDO showed strong community traction and liquidity as a first-week contender. It looks like the second week will be even more exciting and intense!
What are UTYA, DOGS and REDO?
UTYA is a community-driven movement dedicated to spreading joy and positivity through the iconic Telegram duck emoji. Duck emojis help bring people together and create meaningful connections.
DOGS is also a community-driven initiative aimed at leveraging Telegram’s vast user base and native meme culture. It was created by Telegram’s founders around their canine mascot and aims to reach millions of people through tokenized stickers and foster a fun and engaging ecosystem.
REDO as a “resistance dog” symbolizes digital freedom and resistance to censorship. The token gained a lot of attention after the TON community adopted a logo in support of Telegram founder Pavel Durov, causing a significant jump in price.
MemeRepublic Dashboard and Participation Rules
MemeRepublic participation rules and eligibility are as follows.
Most of the TON meme coins are eligible, regardless of when they were issued. Meme coins must ensure that their holders are diversified, have locked liquidity, have active social media accounts, especially on Telegram and X, and have full contact information on their profiles. Coins found to be involved in fake indicators, hidden contract features, or any form of market manipulation will be removed immediately. Coins must have at least 100 unique owners and at least $10,000 in liquidity.
For more information on whether your coin is eligible, please visit TON MemeRepublic’s official rules page.
In the first week, the biggest development wasn’t the winner, but the review of the score. In the original formula, compensation was determined by liquidity, market capitalization, and volume.
This is a great way to test and challenge meme coins, but as a community member rightly pointed out, it’s not for beginners. To ensure that competition does not give an unfair advantage to established meme coins, TON reacted quickly and implemented several changes.
Ready to start, the upgraded Formula 2.0 includes:
Price growth: To reward true organic performance. Active trading wallet: Captures authentic user activity on production volumes.
Expanding the ecosystem behind the scenes: more partners, better infrastructure
In addition to formula upgrades, the first week also brought notable expansion to the MemeRepublic ecosystem. New infrastructure teams, analytics providers, and tooling partners are joining this initiative to help build a more reliable data layer. This will also help you improve how you monitor and visualize your competition.
This means that even though MemeRepublic is in its early stages, it is already showing signs of becoming a cultural and economic pillar of the TON ecosystem. Leaderboards get all the attention, but it’s the growth behind the scenes that matters.
Consistency with trading economics: 1% trading fee standard
Another notable change came from the trading side. The TON Foundation required all participating DEXs to consistently apply a 1% fee to pools linked to MemeRepublic contests.
This standardization may seem small, but it has many benefits. include:
Helps improve fluidity depth. Balance risk and reward for LPs. Align incentives across whales, traders, and exchanges. Reduces volatility caused by ultra-short-term agricultural actions.
Early signs of week 2: changes in trading behavior
Formula 2.0 has just started, but in its second week we are already starting to see signs of meaningful change. That’s why early data from the ongoing competition suggests that:
Trading is becoming more organic Wallet activity is increasing New entrants to the industry are seeing strong early performance Trading volumes are becoming healthier and less artificial The community is adjusting strategies in real time
In other words, competition is already becoming more dynamic. Both traders and token teams are learning to play within the new scoring environment, as evidenced by changes to the leadership board.
What did the first week prove about MemeRepublic?
It’s clear that the first week didn’t determine a winner, but rather validated the core idea behind MemeRepublic. This shows that transparent rewards and measurable performance not only foster on-chain competition, but can also be fun, exciting, fair, and economically meaningful.
It also demonstrated that the TON Foundation is willing to:
Listen to the community Recognize design flaws Update the system immediately based on community feedback Treat competing products as evolving products rather than flawed, modified products
In the Web3 space, speed of making changes is more important than getting everything perfect the first time.
Looking forward: What are your goals for week 2 and beyond?
Week two has already begun, and a new formula is starting to move the scoreboard. The following items are expected to arrive by next Friday.
Another $100,000 rolled out New winners More tokens enter the field Community refines trading strategies Ecosystem continues to add partners and tools
Admittedly, MemeRepublic is still in its infancy, but its foundations are becoming clearer through its adaptability, transparency, and level playing field that gives the community an authentic voice.
If the first week is any indication, the coming weeks will not only be competitive, but could begin to impact how the meme coin ecosystem can operate as rules are published and incentives are aligned.
