Pulsar Finance

Pulsar Finance is a multi-chain portfolio management platform launched in 2021 to solve one of the most persistent friction points in Web3: the fragmentation of digital assets across dozens of incompatible blockchains, DeFi protocols, and centralized exchanges. Rather than requiring users to log into multiple platforms and manually reconcile positions, Pulsar Finance aggregated tokens, DeFi positions, and NFTs into a single dashboard.

Problem and Mission

As decentralized finance expanded across Ethereum, Cosmos, Solana, and beyond, even experienced users found it increasingly difficult to maintain a coherent view of their portfolios. Tracking a liquidity pool position on Arbitrum, a staking position on Terra, and a token balance on Solana required separate interfaces, manual calculation, and often spreadsheets. Pulsar Finance set out to eliminate this overhead by indexing on-chain data across the widest possible range of networks and presenting it through a unified, read-only analytics dashboard.

Core Platform: Portfolio Tracker

The flagship product is the Pulsar Portfolio tracker. Users can add any wallet address without connecting or signing with that wallet, enabling fully privacy-preserving portfolio monitoring. The platform parses and displays holdings across tokens, NFTs, DeFi protocol positions—including staking, liquidity pools, farms, lending and borrowing, futures, and limit orders—and balances held on centralized exchanges. Real-time updates keep the dashboard current as on-chain activity occurs.

At its peak, the platform supported 96 networks, over 700 DeFi protocols, and eight centralized exchanges. Users could view historical performance, compare holdings across wallets, and monitor position-level data without leaving the platform or exposing private keys.

Pulsar Data: Developer Infrastructure

Alongside the consumer product, the team built Pulsar Data—a set of blockchain data APIs and SDKs aimed at developers. Building a reliable data indexer for even a single blockchain can cost between $300,000 and $1,000,000 per year. Pulsar Data aimed to reduce that barrier by providing pre-indexed NFT, token, and smart contract data accessible via standardized APIs, allowing developers to integrate cross-chain data without managing their own indexing infrastructure.

Scale and Backing

Pulsar Finance grew to more than one million users. The project was backed by Delphi Ventures, a crypto-native investment firm with a broad portfolio of DeFi and infrastructure projects. The founding team of over 20 professionals described themselves as serial entrepreneurs with backgrounds in scaling online products. The company was founded in Lisbon, Portugal.

Terraform Labs Acquisition

In November 2023, Terraform Labs—the Singapore-based company behind the Terra blockchain—acquired Pulsar Finance. The acquisition was announced alongside plans to integrate Pulsar Portfolio directly into Station, Terraform Labs' cross-chain wallet, and to fold Pulsar Data into Foundation, Terraform Labs' developer infrastructure offering. The goal was to provide Terraform ecosystem developers with free access to cross-chain data that would otherwise require large independent indexing budgets. Co-founder Miguel Loures joined Terraform Labs as head of product following the acquisition.

Solana Integration

In May 2024, Pulsar Finance added native Solana support, bringing the total number of tracked blockchains to 113. The integration allowed users to monitor Solana wallet addresses—including those associated with Solana Name Service (SNS/Bonfida) domains—without requiring wallet connection. The platform supported Solana tokens and DeFi positions out of the box, extending its cross-chain coverage to one of the most active networks by trading volume and daily active users. Solana was selected as a strategic addition given its low transaction fees, fast finality, and rapidly growing DeFi ecosystem.

After Terraform Labs: Shotgun

When Terraform Labs filed for Chapter 11 bankruptcy in January 2024 as part of the fallout from the Terra/LUNA collapse, Pulsar Finance was placed among assets under consideration for sale. The founding team—Miguel Loures and Pedro Maurício—eventually regained independence and in June 2026 launched Shotgun, accessible at app.pulsar.finance, a new product built by the Pulsar Finance team with a sharper focus on active Solana traders.

Shotgun is a non-custodial trading terminal designed for speed and cost efficiency on Solana. Its core differentiation is a fee cashback model that returns a minimum of 50% of trading fees to users, scaling up to 100% based on volume—a structural inversion of the standard model used by competing terminals. Trade execution is designed to settle in under one block, targeting professional and high-frequency traders who prioritize latency.

Security is handled through Turnkey, an infrastructure provider that encrypts private keys and ensures only the user can authorize transactions, preserving the non-custodial guarantee. Existing Pulsar Finance portfolio users can recover their saved wallet configurations and migrate to the new interface.

Additional features include real-time token launch tracking (branded "Trenches"), copy trading via a Trader Discovery tool, one-click chart-based instant trading, limit orders with automated stop-loss and take-profit configurations, multi-wallet management, and complete portfolio performance history. A referral program offers up to 50% revenue share distributed across five referral layers.

Solana Ecosystem Position

Pulsar Finance's evolution reflects a broader shift in where value is being created within Solana DeFi. The original portfolio tracker served users across all chains, with Solana added as the ecosystem grew. The pivot to Shotgun makes Solana the primary focus, positioning the product alongside other Solana-native trading terminals competing on execution speed and fee economics. The team's history building infrastructure for more than one million users at the portfolio tracking layer gives them credibility in managing on-chain data pipelines at scale, which underpins the performance claims of the trading terminal.

No public security audits of the Pulsar Finance platform or Shotgun terminal have been announced as of July 2026.