SURGE Presale Buyers Are Up 11.11% This Week

The SURGE presale ended on October 12th, 2025. The presale was priced at 4 HIVE per 1 SURGE and the average purchase price of SURGE was $0.72 during the presale.

The presale concluded rapidly - as typically happens - when the SURGE sell wall quickly started disappearing and buyers flooded to acquire as much cheap SURGE as possible. Since then, the SURGE price has already risen to ~5.75-6 HIVE per SURGE.

In HIVE terms, SURGE presale buyers are up 50% already.

In USD terms, SURGE presale buyers are up 11.11% already.

Quick Recap of SURGE:

1. SURGE has a $1 Floor Price
2. SURGE has a conversion option into LSTR (50 SURGE into 1 LSTR) which gives it a correlation to LSTR's upside while having the downside mitigated (because of the floor price). One day, when LSTR is $100, 1 SURGE would be worth at least $2 in conversion value only
3. SURGE pays a 15% fixed yield (currently 18.75% effective yield if you buy at the current discount)

Why isn't SURGE $1 and When Will it Be $1?

SURGE has a floor price of $1 but the market is the ultimate determiner of SURGE's current value. The $1 floor price gives buyers the confidence they need to predictably know that 1 SURGE will always be worth at least $1 in the long-run but the open market decides SURGE's day-to-day fluctuations.

Since the average presale buyer bought SURGE at $0.72, they are now able to lock in a profit of 11.11% by selling SURGE on the open market in one of two liquidity pools:

1. SURGE:LEO on Hive-Engine
2. SURGE:USDC on Uniswap V4 (Base Blockchain)

Some presale buyers will always naturally exit right after the presale concluded. These buyers bought for a short-term flip to profit on the repricing of SURGE after the presale.

This is not a bad thing. This is a normal effect. If presale buyers of any LeoStrategy product want to sell for a quick buck right after the presale closes, that is totally fine.

Consider LSTR: LSTR had a very similar effect. Right after LSTR went live for open trading, the presale buyers' average price was $0.90 per LSTR. LSTR dipped right after the presale concluded and then steadily rose to the valuation it is at today: ~$5.05 per LSTR.

If you wanted a quick flip, you got the chance to do so with LSTR. If you were in it for the long haul, you got fabulously wealthy from the long-term value proposition of LSTR.

SURGE will perform similarly. A short-term dip while early presale buyers who want a quick flip exit from SURGE. Then SURGE will steadily rise toward its intrinsic value.

Today, SURGE's intrinsic value is $1.101. The floor price of SURGE is $1 and the conversion value of SURGE is $0.101.

As LSTR's price rises, SURGE will rise alongside it. SURGE has mitigated downside but theoretically unlimited upside. This makes it an incredibly valuable instrument for anyone who wants to protect their profits but still participate in some future upside while getting paid yield to wait for that upside.

In other words, we fully expect early volatility after a presale ends. But once those early flippers exit, the instruments created by LeoStrategy will always naturally magnet back toward their pegged/stated value proposition.

Here's a Thread from Khal showing the SURGE price hitting $0.8729 after fluctuating from $1 (opening price) to $0.75 and then all the way back to $0.9261 before finally settling at $0.87.

Then, some more SURGE presale buyers locked in profits and sent SURGE back down to ~$0.80 (where it is right now). This kind of volatility is very natural as early buyers flip their SURGE for a quick profit and make room for the open market to do its thing.

Khal's Thread

In SURGE's case, this is the intrinsic value of SURGE (the $1 floor price + conversion value). As LSTR rises in price, watch as SURGE rises alongside it - like a magnet being pulled to its intrinsic value.

SURGE on Base

SURGE is LIVE on Base and this is performing very well for us already. LeoStrategy profits in 3 ways from SURGE on Cross-Chain:

1. SURGE:USDC pool on Uniswap V4 pays a ~197% APR currently to the treasury's LP Positions (this APR is from the 1% LP Fee that is earned by all liquidity providers in the pool every time a user swaps)
2. The SURGE Cross-Chain Oracle (@surge.oracle) charges a 2% bridging fee every time a user wraps/unwraps SURGE between HE and Base
3. SURGE has a native Market Maker that is owned and operated by the LeoStrategy fund. This Market Maker generates profits to buy additional LEO. Currently generating ~$70 per day since the launch of SURGE on Base

These 3 mechanisms are profit centers for LeoStrategy. As we continue to scale SURGE and scale our other products (LSTR will launch on Base soon), we expect our profitability to grow.

LeoStrategy is built on the core principle of hyper-profitability. By being hyper profitable, we can continue to expand our balance sheet by purchasing additional LEO and growing our perma-stake treasury.

The more that our balance sheet expands, the more that we can scale existing products + release new products.

As we expand our product suite, each new product adds a new profit stream to LeoStrategy which then leads to additional daily scaling of our balance sheet.

LeoStrategy is a flywheel ecosystem. As we successfully scale existing products + release new products, the flywheel spins and generates more income for our balance sheet which means more LEO Purchases.

The additional effect this has is raising the LEO price. As the LEO Price rises, the existing LEO on our balance sheet grows in USD value. This growth in USD value then leads to more natural scale and over-collateralization of all existing LeoStrategy products.

The name of our 10M/10M gameplan is simple:

1. Acquire as much LEO as possible
2. LEO price rises while LEO on our balance sheet rises = exponential USD value growth of our balance sheet
3. Leads to scaling of existing products + new products which repeats the cycle

Is SURGE Over?

The SURGE presale discount might be over but SURGE is far from over. We look at the SURGE launch as a "birthing event". This is really the creation of a whole new fixed income instrument.

When a company IPO's their stock, is trading of that stock over?

No. It's only just begun after the IPO Event. SURGE is not dissimilar to this. Now that the presale is over, SURGE is live in the open market. This means that the market can price SURGE and users can buy SURGE to get:

1. Limited downside ($1 floor price)
2. Unlimited upside (correlation to LSTR)
3. Yield while you wait (15% stated, 18.75% effective at current price)

If SURGE is trading for $0.80 right now, then you have the opportunity to buy it and lock in a $0.20 instant profit when it magnets back to the $1 floor price. While waiting, you're getting an 18.75% effective yield ($0.15 / $0.80) and theoretically unlimited upside as it has the conversion to LSTR option attached.

Posted Using INLEO