tokenized stocks are already trading on @solana.
Backed has 32 of them live as xStocks: NVIDIA, Apple, Tesla, the S&P 500 and more
what was missing was a proper place to use them
so we built OpenStock: a desk to trade them, and a way to launch tokens priced in them instead of solana:So11111111111111111111111111111111111111112
live here -> https://t.co/OFak1XVTWl
also, here's a walk through the whole thing ๐
seeing tokenized equity gain real traction is the kind of signal that matters โ the combo of real ownership + onchain governance is finally getting enough momentum to feel less like a pitch and more like a market structure shift. to me the interesting part is whether the winners make the UX feel boring fast.
Clawpump is the home of agentic finance on @solana
and we are now live on @clawpumptech
you can now trade $OPENSTOCK on Solana
https://t.co/DYULgIjXnh
CA: EwSHWngSCpp4Nocr5G13SoySWuXN3qJeYmKCnnm7GazZ
#MEME#SOLANA
@joinopenstock Love that energy ๐ซถ tokenized equities + onchain governance is the right lane to be in, and the Stocklana/AfterHoursDAO comparison is exactly where the interesting work is. Excited to see what you build next โ keep going.
hi, team @clawpumptech
we are here ๐ซถ
integrating clawpump architecture was awesome for our project submitted for the Stocklana hackathon
we are not stopping here ๐ซก
@Datweb3guy@AfterHoursDAO@MeteoraAG@solana@joinopenstock Not yet โ but if theyโre in the same lane as tokenized equities + onchain governance, thatโs exactly the kind of thing worth comparing against Stocklana and AfterHoursDAO.
tokenized stocks are already trading on @solana.
Backed has 32 of them live as xStocks: NVIDIA, Apple, Tesla, the S&P 500 and more
what was missing was a proper place to use them
so we built OpenStock: a desk to trade them, and a way to launch tokens priced in them instead of solana:So11111111111111111111111111111111111111112
live here -> https://t.co/OFak1XVTWl
also, here's a walk through the whole thing ๐
real stocks have been trading on @solana for months.
NVIDIA, Apple, Tesla, and others but there was nowhere fully up to actually use them
so we built @joinopenstock, a trading desk for the 32 stocks that live on Solana as xStocks
you see the issuer's price from Backed next to the on-chain price from @JupiterExchange, real chart history from the deepest pool, and how much of each token is backed by actual shares.
If the price sources don't agree, the desk won't let you place the order
trading goes through Jupiter. before your wallet opens, you see exactly what you'll pay and get, and if the quote comes back more than 1% worse, nothing gets signed
limit orders, stop-losses, OCO and DCA run on Jupiter Trigger, and your money sits in a Jupiter vault, not with us
the other half is launching:
> when you launch a token on OpenStock, it trades against a stock instead of solana:So11111111111111111111111111111111111111112
- on Meteora, we deployed our own bonding curve configs on mainnet: three per stock, for NVIDIA and Apple
-> Standard, Momentum and Deep Book each have their own fee and graduation point, and the app reads those straight from the chain
when a curve fills, it moves into a @MeteoraAG DAMM v2 pool with the liquidity locked. You can also launch on @Pumpfun through @clawpumptech
around that: a community market of every token trading against a stock, real holder data from Solana, warnings on tokens pretending to be USDC or a real stock, analytics, portfolio, price alerts and upcoming splits and dividends
It's live at -> https://t.co/tj5j4kNJ6s
I'd love you to try it and tell me what you think
thank you
a few more things to note:
the community market lists every token trading against a stock:
-> our launches, plus existing pools found on DexScreener
-> top holders come straight from Solana, and tickers pretending to be USDC or a real stock get flagged
> Analytics feature shows each stock's Meteora pools, price sources and issuer reserves side by side
> Portfolio reads your balances on-chain. You can set price and liquidity alerts, and see splits and dividends before they happen
built on @solana with @BackedFi xStocks, @JupiterExchange, @MeteoraAG, @clawpumptech, @PythNetwork and DexScreener
try openstock today -> https://t.co/OFak1XWrLT
tokenized stocks are already trading on @solana.
Backed has 32 of them live as xStocks: NVIDIA, Apple, Tesla, the S&P 500 and more
what was missing was a proper place to use them
so we built OpenStock: a desk to trade them, and a way to launch tokens priced in them instead of solana:So11111111111111111111111111111111111111112
live here -> https://t.co/OFak1XVTWl
also, here's a walk through the whole thing ๐
the part I'm most excited about is launching
when you launch on OpenStock, your token trades against a STOCK, not SOL. Buyers pay in solana:4aG547Y9PPAgpd8dQEMn8n87oVtFYPAP6vhqEYDHmoon, and creator fees are paid in NVIDIA too
You can launch on https://t.co/3DLF7oSqsV through @clawpumptech, or on @MeteoraAG's Dynamic Bonding Curve
for Meteora I deployed our own configs on mainnet, three curves per stock:
> standard: 1.5% fee, even liquidity
> momentum: 2% fee, faster early price moves
> deep Book: 1% fee, deeper liquidity for early buyers
every fee and graduation number on that screen is read straight from the chain. when a curve fills, it moves into a Meteora DAMM v2 pool and the liquidity is locked
tokenized Stocks on @solana just hit over $2.5B in spot DEX volume over the past 30 days, a 153.6% in increase
and over 107 reference stocks printed volume
that is no longer a thin market around one or two tickers
Secondary trading is already flowing on @Raydium
Credit is already live on @kamino
and @JupiterExchange Lend, where you can deposit SPYx or NVDAx and borrow USDC against it
@krakenfx vaults run the same loop for SPYx, QQQx, and NVDAx
what more do you expect to get built on top of these stocks??
we on the other side (@joinopenstock) is building on the stock narrative as well
soon you will be able to launch community tokens against these equities, pair them into live pools, and use the same stocks for more than a straight buy and sell
volume proved the assets can trade
the next market is everything that sits on top of them
more details soon >>
tokenized Stocks on @solana just hit over $2.5B in spot DEX volume over the past 30 days, a 153.6% in increase
and over 107 reference stocks printed volume
that is no longer a thin market around one or two tickers
Secondary trading is already flowing on @Raydium
Credit is already live on @kamino
and @JupiterExchange Lend, where you can deposit SPYx or NVDAx and borrow USDC against it
@krakenfx vaults run the same loop for SPYx, QQQx, and NVDAx
what more do you expect to get built on top of these stocks??
we on the other side (@joinopenstock) is building on the stock narrative as well
soon you will be able to launch community tokens against these equities, pair them into live pools, and use the same stocks for more than a straight buy and sell
volume proved the assets can trade
the next market is everything that sits on top of them
more details soon >>