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The fees buy a basket.
The basket pays you.
The liquidity cannot be pulled.

A Solana token whose trading fees buy tokenized stocks and pay them to holders every 15 minutes.

+4% fee
Treasury
payout, every 15 min
Default basketweights in %
  • SPYx40
  • NVDAx25
  • TSLAx20
  • GOOGLx15

Up to 4 stocks per holder. Change yours any time; it applies from the next epoch.

$DVR treasury animation

How the money moves

One fee, five steps, no discretion in between.

  1. 01

    A trade pays the fee

    $DVR trades on the degen.zone curve carry a 4% creator fee. It is the protocol's only revenue.

  2. 02

    The program splits it

    1% of volume to holders, 1% to protocol liquidity, 2% to operations. Fixed in the program, no setter.

  3. 03

    The keeper buys the basket

    Every holder names up to 4 xStocks and the weights between them. The keeper sums those baskets, buys each stock on one Jupiter route inside a Pyth price guard, and the stock lands in a program vault.

  4. 04

    An epoch every 15 minutes

    Holders are snapshotted, the allocation is written to a Merkle tree, the root is published and the vault is funded before it activates.

  5. 05

    You claim, or it is pushed

    The largest holders are paid automatically. Everyone else claims with one signature. Unclaimed stock returns to the treasury after the window closes.

4% in, split three ways on chain.

Of every 4% the venue passes to the treasury, the program books 25% for the holder basket, 25% for protocol liquidity and 50% for operations. The ratios are compile-time constants. There is no instruction that can change them.

On the curve a trader pays 5.4375% all-in: Meteora keeps 1.0875%, degen.zone 0.348%, and 4.002% reaches the protocol. Planned tier, stated before it exists.

Of 4% of curve volumeto scale
1%
1%
2%
Holders
Buys the stocks in every holder's basket, up to 4 per holder at weights they set. Paid out as stock, in kind.
Protocol liquidity
Buys the stock side of the next market and pairs it in a Raydium pool the program owns.
Operations
Team, keeper gas, a reserve for later staking rewards paid in stock.

A pool per stock, owned by a program.

The liquidity leg opens one Raydium CLMM position per market and the position NFT is held by a program address. No wallet can withdraw it; the only exit is a governance path with a seven-day pause. Fees arrive in both tokens: the stock side joins the holder pot in kind, the $DVR side is burned.

Markets open in this order, each gated on verified two-way depth, not on a calendar.

See the rollout
Paid to holdersAvailable after activation
Epochs publishedAvailable after activation
Holders in the last epochAvailable after activation
Protocol-owned markets4 planned. Rollout after launch

What you accept

Real stocks come with real strings.

Issuer powers on xStocks
Every xStock is a Token-2022 mint with a permanent delegate held by its issuer, Backed. The issuer can freeze or move balances under its terms. Holding one is holding exposure, not a share.
No fixed yield
Payouts are whatever the fee actually bought. Low volume means low or zero payouts. No annual rate is quoted anywhere on this site, and none ever will be.
Volume can bypass the fee
The creator fee is taken on the launch venue. Trades in other pools pay that pool’s fee instead; only protocol-owned pools return anything to the treasury.
Trusted operator, bounded
The keeper is a hot key that can only move money into program vaults. It computes allocations honestly by assumption; once published, a root cannot be rewritten and an epoch cannot overpay.
Not audited yet
The programs port audited Divvy code with documented deviations and carry their own test suites. An independent review has not been completed.