NOTICE OF LISTING

Equinox

The market is closed.
We are not.

A market maker for tokenized stocks on Robinhood Chain. Both sides quoted through the night, the weekend, and the earnings call. Fees priced like risk. Paid like dividends.

OPEN THE DESK →READ THE DOCS

AGPL-3.0 · CHAIN 4663 · GAS UNDER $0.01

FIG. 1 — THE ANALEMMA, EQUINOX AT NODE

DECLINATION vs. EQUATION OF TIME · 365 OBSERVATIONS

THE DESK

Tokenized stocks trade 24/7.
Liquidity does not.

US markets are closed two thirds of the week. Stock Tokens keep trading against stale prices, so liquidity providers eat the gap at the open and quote thin, or not at all, when retail actually wants to trade.

Equinox is a specialist: it holds an index of Stock Tokens and makes the market in its own constituents, quoting both sides in Uniswap v4 pools on Robinhood Chain.

Fees are priced like a real market maker prices risk: wider when the underlying is closed, wider around the open and earnings, tightest mid-session. Holders are paid from the market’s spread, not from a tax on themselves.

FIG. 2 — THE 24-HOUR SESSION MAP

ILLUSTRATIVE FEE TIERS · FINAL PARAMETERS PUBLISHED ON CHAIN AT LAUNCH

HOW IT WORKS

FIG. 3 — THE BASKET

The basket.

A rules-based index of Robinhood Stock Tokens. Top names by 30-day onchain volume, liquidity-weighted, capped at 20% per constituent, rebalanced on a published schedule. Mint with USDG or constituents. Redeem for constituents. NAV every block.

FIG. 4 — THE ENGINE

The engine.

A governed share of each constituent is deployed as concentrated liquidity in STOCK/USDG pools. The index becomes the deepest book for its own holdings and earns the fees on the chain’s stock flow.

FIG. 5 — THE SESSION HOOK

The session hook.

A Uniswap v4 dynamic-fee hook that reads a market-session feed. Underlying closed: wider. First minutes after the open: widest. Earnings dates: wider. Mid-session: tightest. The overnight risk is finally paid for.

FIG. 6 — THE DISTRIBUTOR

The distributor.

Fees and idle yield are harvested per daily epoch. Holders choose: compound into the index, or take payouts in a single Stock Token of their choice. Hold the index, get paid in NVDA.

THE LEDGER

Where the yield comes from.
And where it does not.

FIG. 7 — SOURCES OF RETURN

SOURCE	THE INDEX ($INDEX)	EQUINOX
Yield funded by	3% tax on its own token’s trades	LP fees on chain-wide Stock Token volume + idle lending yield
Depends on	Churn in their token	Robinhood Chain stock volume
Backing	Treasury promise	NAV of held Stock Tokens, redeemable
Composition	Discretionary	Published methodology, rebalanced, capped
Payout	Every 15 min, many tickers	Daily epochs, compound or single ticker

LIQUIDITY PROVISION CARRIES ADVERSE SELECTION RISK. THE HOOK MITIGATES IT; IT DOES NOT REMOVE IT. THE LP-VS-HOLD DIFFERENCE IS PUBLISHED EVERY EPOCH.

ELIGIBILITY

Robinhood Stock Tokens are tokenised debt securities issued by Robinhood Assets (Jersey) Limited. They are not available to US persons and are restricted in several jurisdictions. Equinox inherits those restrictions and gates minting with signed eligibility attestations. Read the disclosures before you read the yield.

DISCLOSURES ↗

The desk opens with Session 001.
Join the whitelist for the first epoch.

NO TOKEN SALE. NO DEPOSITS BEFORE VERIFIED CONTRACTS.