According to @jessepollak, some centralized exchanges charge 2–9% of a token’s total supply for a listing, source: @jessepollak on X, Oct 10, 2025. Based on that claim, a 2–9% token allocation paid as a listing cost would immediately dilute holders by the same magnitude at listing, directly affecting circulating supply and liquidity estimates used in trading models, source: @jessepollak on X, Oct 10, 2025. Traders should review official listing terms and token allocation disclosures to verify whether any exchange-controlled allocations fall within the cited 2–9% range, source: @jessepollak on X, Oct 10, 2025.

According to @jessepollak, a centralized exchange is charging projects 9% of their token supply to list, with many others charging multiple percentage points, source: @jessepollak. According to @jessepollak, these listing terms are harmful and cartel-like, and he calls for permissionless onchain listings instead, source: @jessepollak. According to @jessepollak, if exchanges take several percentage points of supply, initial tokenomics and circulating supply at launch are materially impacted, which is critical for trade sizing and slippage control, source: @jessepollak. According to @jessepollak, traders should monitor onchain listing activity and DEX liquidity depth as teams may favor permissionless routes highlighted in his statement, source: @jessepollak. According to @jessepollak, awareness of potential supply allocations tied to listings can inform execution around TGE and early trading windows, source: @jessepollak.