Kabudex
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Each leg carries its own minimum, so a bad price on one stock stops the whole order.

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PortfolioEvery stock you hold.SwapTrade a stock token against dollars or ETH.BridgeBring funds in from Ethereum, Base, Arbitrum or BNB Chain.BasketsBuy a whole portfolio with one signature.EarnPut idle USDG into a lending vault.LendSupply dollars to markets backed by stocks.LaunchCreate a token paired with a stock.
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Documentation/$KABUDEX

The token

$KABUDEX is the token of the marketplace. Its one mechanism is simple: Kabudex's share of launchpad fees buys it in its own pool and burns it.

1 min read

Where it comes from

$KABUDEX was launched by the team on Pons, a launchpad on Robinhood Chain, like any other token there, and trades in its own pool on Robinhood Chain. Its contract address is published on the token page of this site once it exists, and nowhere else on the site.

How fees reach it

  1. 1
    Trades on launched tokens

    Every buy and sell of a token launched through Kabudex pays the creator's fee to its pool.

  2. 2
    The split

    Doppler's hook keeps 5%. Of the rest, 30% is paid to Kabudex's treasury in the pair asset (ETH, USDG or a stock).

  3. 3
    The buyback

    The treasury uses that share to buy $KABUDEX in its pool.

  4. 4
    The burn

    The tokens bought are sent to 0x000000000000000000000000000000000000dEaD, an address nobody controls. They leave circulation for good.

Every buyback and burn is an ordinary transaction on Robinhood Chain and can be checked on the explorer. The token page lists them once the token is live.

What it is

  • A token whose circulating supply shrinks as the launchpad is used.
  • A direct, visible link between activity on Kabudex and the token, with no step that depends on anyone's promise beyond the treasury doing the buyback.

What it is not

  • It is not a share in Kabudex and gives no claim on its treasury or income.
  • It pays no dividend and no yield, and holding it earns nothing directly.
  • It does not give a vote on how Kabudex works.
  • It is not needed to use Kabudex. Every operation works the same without it.

The burn depends on trading activity in launched tokens, which can be large, small or nothing. Nothing on this site is investment advice, and the price of any token can go to zero.