Up to six markets
Pick from 19 tokenized stocks on Robinhood Chain, from SPY and NVDA to MSTR.
Meet LevpadCoins that trade
their own portfolio
Launch a coin
Long or short
Each leg gets its own side and weight. Long Nvidia and short Tesla in one coin.
1x to 5x
One leverage for the whole basket, written on chain at launch and never changed.
Profit burns supply
Three quarters of every winning round buys the coin back and burns it.
The coin
Every trade funds the portfolioand pays whoever launched it
A coin trades on its own curve from the first block. The creator picks a fee from 1% to 5%, and earns another 1% of every trade on top, in ETH. No ETH is needed to launch.
Where the coin's fee goes
Portfolio margin60%
The house30%
Platform10%
Fees in ETH
Every buy and sell pays the fee. Margin waits on chain until the next round collects it and turns it into USDG.
Example basket, 3xMark now
LONG NVDA 60%–
SHORT TSLA 40%–
Every $100 of stake$300 exposed
Live marks
Legs are priced off FivexOracle's anchors, read here from the chain. An anchor can move 1% every five minutes, no faster.
One round
Shortest round1 hour
Most it can winits stake
Closed early at−90%
Hourly rounds
A round opens, runs at least an hour, and settles against the house. Wins and losses are both capped at the stake.
Across every coin
Bought back and burnedread from the pad–
Rounds run–
Burned for good
Burned coins come off the curve and out of the supply. Nothing can mint them back.
A round
Fees become marginand profit becomes
a burn
Anyone can run a coin's round. It is one transaction, and every step in it happens in the same order every time.
Collect the fees
Waiting margin and the house's share come over from the pad and swap to USDG, at no worse than 97% of the pool's own price.
Close the last round
Each leg exits at whichever of mark and spot is worse for the portfolio, so a lagging anchor is never worth trading on.
Open the next
Once every anchor sits within 0.5% of its pool, a new position opens at the basket's weights and leverage.
Burn the profit
75% of a winning round swaps to ETH, buys the coin off its curve and burns it. The rest stays as margin.
Defences
Dumps pay for the burnand bots pay the most
Two rules live in the pad itself. Neither can be switched off, and a trader who is neither dumping nor flipping never notices them.
A sell lands
price now 20% under its high
price now 20% under its high
Defend mode, six hours
✓The portfolio's 60% buys the coin and burns it
✓Traders pay the usual fee, nothing extra
✓The creator still earns 1%
✓Sold within 15 seconds of receiving it: 5% fee
✓Moving the coins to a fresh wallet counts as receiving
Supply goes down
A buyer funds the portfolio.
A dumper funds the burn.
A bot funds both, at 5%.
The house
The other side always paysbecause it is reserved
before the round opens
Every portfolio trades against one pool of USDG, filled by 30% of every fee and by every losing round. A round only opens as large as the free part of that pool, and its stake is set aside the moment it does.
House
–USDG
Reserved for open rounds
–USDG
Portfolio margin
–USDG, every coin
Coins launched
–on Robinhood Chain
Coins
Launched herenewest first
Reading the pad…
Questions
Where does the margin come from?
From trading. 60% of the coin's fee on every buy and sell waits on the pad as ETH, and the next round swaps it to USDG. Nobody deposits margin, and nobody can withdraw it.
Who takes the other side?
The house: one USDG pool shared by every coin. It fills from 30% of every fee and from losing rounds, and pays winning rounds. A round's stake is reserved out of it when the round opens, so what the house owes, it has.
Who runs the rounds?
Anyone. A round is one call to the desk. The coin page has the button, and a round that is not due yet only collects fees. There is no operator key that can open, close or skip a round.
What happens when the portfolio loses?
The loss goes to the house and the margin shrinks. A round can lose at most its stake, and one that has lost 90% of it can be closed early by anyone, who is paid 1% of the stake for doing it. The coin keeps trading, and new fees keep refilling the margin.
Why does my round wait sometimes?
Rounds open and close at the worse of the oracle's anchor and the pool's spot. When the two are more than 0.5% apart, that rule would charge the portfolio the gap, so the round waits while each call nudges the anchor closer. After a day it closes regardless.
Why did my sell cost more than the usual fee?
You sold within 15 seconds of receiving the coin, which charges the fee at its 5% ceiling. Wait 15 seconds and the normal fee applies.
Why only up to 5x?
Prices come from stock token pools, not an exchange order book, and anchors can only move 1% every five minutes. At 5x a 1% move is 5% of the stake, which is as much as that anchor speed can safely carry.
Is anything trusted?
The oracle's curator picks which pools price each stock until the oracle is frozen. The owner can move the ETH/USDG swap route and take out house USDG that is not reserved. Nobody can move a coin's margin, change a basket, or touch the curve.