Lute Lets Users Earn Fees on Token Calls

Social trading platform Lute (lute) introduced a feature on Aug 5 that pays users a fee whenever someone buys a token based on their "calls" — the platform's term for publicly shared trade ideas.

The new incentive model rewards users when their activity leads to purchases by others, giving traders a direct financial upside for broadcasting winning plays. Lute campaigns itself as "the number one way to trade with any asset, on any chain, on any device," underscoring its multi-chain reach. The platform runs on Abstract and supports access via web, mobile, Discord, and Telegram.

The launch follows a stretch of momentum for Lute: its beta suite nearly doubled in 45 days as of late June, and the platform rolled out KOL tracking tools in July and caller discovery features in April. The fee-sharing mechanic now positions calls as a monetizable activity, likely pushing more users to share their trades publicly.