Riflex

Stocks on Solana, at a fair price. RFX precision.

[Riflex @RiflexExchange]

We are live!

Ca: Bt4npH7BNNGLBohhbcrybbkUn6RUJJzJbvnd4hznnMYJ

[Riflex @RiflexExchange]

Pool number six is live. Go try it.

https://t.co/bEiOD5wiqC

[Riflex @RiflexExchange]

Six pools. Amazon just joined META, TSLA, NVDA, AAPL and MSFT on Riflex.

https://t.co/jRaEpAjlUU

[Riflex @RiflexExchange]

Six pools. Amazon just joined META, TSLA, NVDA, AAPL and MSFT on Riflex.

https://t.co/jRaEpAjlUU

[Riflex @RiflexExchange]

We keep getting this question, so here it is again.

RFQ gives you a price when you ask for it.

RFX keeps the price on-chain all the time, so any app, wallet or router can read it and trade instantly.

https://t.co/Lpvtfwobw1

[Riflex @RiflexExchange]

Why RFX, not RFQ

RFQ only quotes on request, and without a Jupiter integration nobody sees it.

RFX is our upgrade of that layer. Same fair price from Phoenix, same hedge on Phoenix, but the price is always on-chain. Any app can trade it instantly, with no request and no sign-in. Every swap is checked against Phoenix, and if our server stops, the pool closes itself.

RFQ waits to be asked. RFX is always there.

[Riflex @RiflexExchange]

The first real trades are coming in.

Different stocks, different sizes, all through the same on-chain price.

[Riflex @RiflexExchange]

Our new dashboard shows every trade, every pool and every price update, fully transparent. See the numbers live.

https://t.co/rTtRPJc9aB

[Riflex @RiflexExchange]

$32,400 in volume through Riflex.

Every trade on-chain, every pool hedged, every number on the stats page.

Thank you to everyone who traded with us.

[Riflex @RiflexExchange]

Nasdaq closes on Friday. The perp doesn't.

That's why Riflex pools keep quoting through the weekend. Every second our publisher posts a fresh price on-chain, derived from the live perp mark and the token's share ratio.

Every swap re-reads that mark inside the same transaction, so a price that drifts more than 1% from it simply can't fill.

Outside US hours the reference is thinner, so we add a 30 bps premium and cap each quote at a smaller share of the pool.

A keeper keeps the perp short in line with inventory around the clock. If the perp's weekend price gets pinned at the edge of its band, the program stops filling on its own.

[Riflex @RiflexExchange]

@capitalist_sd Thank you! Great question.

And yes, that's the long-term goal. Riflex as infrastructure others can build on.

[Riflex @RiflexExchange]

$32,400 in volume through Riflex.

Every trade on-chain, every pool hedged, every number on the stats page.

Thank you to everyone who traded with us.

[Riflex @RiflexExchange]

Our stats page is live. Volume, trades, pools and every price update, read straight from the chain. More to come.

https://t.co/rTtRPJc9aB

[Riflex @RiflexExchange]

@Numerooo0 Thanks for asking @Numerooo0! Dashboard with all of it is coming out today. Volume, trades, pools, everything on-chain so you can verify it yourself.

[Riflex @RiflexExchange]

Microsoft is live on Riflex.

https://t.co/jRaEpAiO5m

[Riflex @RiflexExchange]

What happens before you sign on Riflex.

The fair price is rebuilt from the live perp mark and the token's on-chain share ratio.

Your swap is simulated against current state. Cost is shown in dollars, not a rate, and a minimum received is enforced on-chain.

[Riflex @RiflexExchange]

In case you missed it. Jupiter's router never calls a market maker's server. It reads on-chain accounts, caches them and computes every quote locally.

This article explains what that means for who gets the flow, and why we put our price on-chain instead of behind an RFQ.

[Riflex @RiflexExchange]

https://t.co/1uWLKawuth

[Riflex @RiflexExchange]

41 tokenized stocks on https://t.co/jRaEpAiO5m, sorted by sector.

Tech, consumer, financials, health care, energy, funds and gold.

The top row is Riflex pools. The rest trade through Jupiter at the best route.

[Riflex @RiflexExchange]

Price live.

With RFQ, a price exists only when someone asks for it. Ours is always on-chain, refreshed every second, and expires on its own if it isn't.

Every swap checks it against the live perp mark in the same transaction. Stale or off by more than 1%, and the pool simply doesn't fill.

[Riflex @RiflexExchange]

Not paused.

xStocks are Token-2022 tokens, and the issuer can pause them. A paused token can't move.

The app reads the mint before you sign, and our program reads it again inside the swap. If it's paused, the trade never happens. No stuck tokens.

[Riflex @RiflexExchange]

Share ratio stable.

One xStock isn't always one share. The issuer can change the ratio on-chain for splits and dividends.

Riflex prices per share from the perp and converts with the live ratio. If a change is scheduled, you see the new ratio and the date before you trade.

[Riflex @RiflexExchange]

Most venues ask you to trust the price. An RFQ quote is signed off-chain and only checked when the trade lands.

RFX works the other way. The price lives on-chain, so everything about your trade can be checked before you sign. Four checks, every time.

[Riflex @RiflexExchange]

Our first pool went live yesterday. Today 35% of trades on riflex already filled from our own pools.

Four stocks live, more coming.

[Riflex @RiflexExchange]

64 trades on https://t.co/jRaEpAjlUU today.

65% took the Jupiter route, 35% filled straight from our own pools.

Same app, both routes side by side, you pick the cheaper one.