Stocks · ETFs · crypto · on-chain
Trade it with leverage. Buy it. Stake it and keep the dividend.
One terminal for stocks, ETFs and crypto. Go long or short Apple, the S&P 500 or Bitcoin up to 10× from your wallet, buy the tokenized shares outright, or stake them into the pool that backs the market and keep every dividend. No broker, no custody. USDC in, USDC out.
Base Sepolia · chain 84532 · prices by Pyth · shares by a regulated issuer
Every market, the same three promises.
Real shares behind every stock market.
Stock and ETF pools hold the actual tokenized shares a long borrows; crypto pools are backed by USDC. Nothing is pegged to a price it does not own.
Stake the shares, keep the dividend.
Buy a tokenized share outright, or deposit it into its pool. The pool earns fees and borrow on it, and every cash dividend is booked to the pool, so it stays with you.
Your keys, and every number on-chain.
Collateral sits in audited contracts on Base, never with us. Fills, funding, liquidations and dividends are transactions you can open in the explorer.
Three ways in
One wallet, one verification. Trade with leverage, own the shares, or stake them and earn while you hold.
Trade perpetuals
Stocks, ETFs and crypto, long or short up to 10× with USDC. Taker fee 5 bps, funding paid by the heavy side, liquidation at 0.5 % of size.
Open the terminalBuy the stock
Any listed stock as a tokenized share, bought outright on your own account with the issuer and delivered to your wallet during the NYSE session. Sell it back the same way.
Browse the stocksStake and earn
Deposit tokenized shares or USDC into a market's pool and hold its LP token. It earns the fees, the borrow and the traders' losses, and the dividends stay yours.
See the poolsTrading day
Stock and ETF perps follow the NYSE session, because the pool can only hedge while the exchange is open. Crypto trades around the clock. Nobody trades against a stale print.
Where the money goes
- A long borrows shares. The pool reserves them, so it can only be long what it holds. A short borrows USDC the same way.
- Traders pay the pool. Taker fee, borrow, funding from the heavy side, and their losses. Their gains come out of it. The LP token tracks that NAV.
- Liquidation at 0.5 % of size. Keeper first, anyone after a grace period. The penalty funds the liquidator and the insurance vault, which also covers bad debt.
- Dividends are real and they are yours. The issuer pays them to the pool. Longs and shorts get their share; the rest stays in the pool as NAV, so whoever staked the shares keeps them.
Common questions
What is this?+
One terminal for stocks, ETFs and crypto on-chain. Trade them as perpetuals with leverage, buy the tokenized shares outright, or stake them into the pool that backs the market. Prices from Pyth, shares from a regulated issuer, settled in USDC on Base.
How is it different from a synthetic perp?+
A synthetic perp only tracks a price. Here the pool owns the shares a long borrows, receives the dividends, and its NAV is what backs every position. There is nothing to peg.
What do I need to start?+
A wallet (MetaMask, Rainbow or any WalletConnect wallet), USDC on the configured chain, and identity verification once: tokenized shares are securities, so every wallet is checked before it can trade or deposit.
Where are my funds?+
In your wallet or in the pool and position contracts, which you can read on the explorer. The platform never holds custody. One-click trading uses a subaccount signature you can revoke in one transaction.
When can I trade?+
Stock markets follow the NYSE session, because the pool can only hedge while the exchange is open. Extended hours trade with a higher maintenance margin; crypto pools trade around the clock.
What are the fees?+
5 bps taker on perps, a borrow fee per second from utilisation, and funding between the two sides. Pool deposits and withdrawals pay a mint or burn fee of 0 to 80 bps that steers the pool to its target. Buying a tokenized share costs the issuer's fee plus 10 bps.
Can I just buy the stock?+
Yes. The Stocks page lists every tokenized stock. You pay in USDC, the order is placed with the issuer on your own account, and the shares land in your wallet on the fill. You can hold them, sell them back, or stake them.
Who earns the dividends?+
Whoever holds the shares. In your wallet, the issuer pays you directly. Staked in a pool, the dividend is booked to the pool as NAV, so your LP token is worth more; the platform takes none of it. Longs are credited and shorts debited their share at the ex-date.
Stocks, ETFs, crypto. Real shares, your keys.
Leverage, ownership and yield on the same assets, with full self-custody. More markets as the pools grow.