what's test token?
Test Token ($TEST) is a cryptocurrency token deployed on the Base blockchain, serving as the inaugural launch on the Clanker platform—a decentralized tool for fair token deployments similar to Solana's pump.fun but optimized for Base's ecosystem. Mechanically, $TEST demonstrates Clanker's bonding curve and liquidity provision features, where tokens are minted and traded through a user-friendly interface without presales or VC allocations. Its contract at 0x10700769a0c23b1c8a34825208BC09dedb2a011c enables standard ERC-20 interactions, including transfers and approvals, primarily used to validate the platform's smart contract integrity before broader adoption by memecoin creators.
Test token achieved 3392% funding rate arbitrage APR on Dec 31, 2025.
Links
x.com/clankeronbaseAchieves a funding rate arbitrage APR of 3392% on December 31, 2025.
A whale accumulated 127.4M TST ($2.2M) using long positions with 1x-2x leverage on Hyperliquid, funded by 2.47M USDC deposited across 3 wallets, and continues to accumulate long positions.
Market cap reaches 485 million, up from $110,000 recorded on October 29.
On-chain report claims the same wallet addresses involved in POPCAT manipulation (26+ wallets, fake buy walls, LP nuking) are connected to previous $TST manipulation, with ties to BTX Capital founder Vanessa Cao and treasury wallets.
Trader anticipates a large group will accumulate tokens before announcing to millions of followers.
Technical analysis identifies $0.30 as a key breakout level, with renewed buying activity reported.
Market cap is $110,000 with liquidity pool of $95,000.
TEST is the first token launched by Clanker platform, which is receiving significant attention.
Clanker platform acquired by Farcaster, with the Clanker ecosystem experiencing price increases. The token generates revenue and the project claims to be one of the most popular mini apps on Farcaster and Base.
Trading volume nears $1M mark since contract deployment.
A TEST token contract has been deployed.
The token is identified as the first deployment on the $clanker platform.