Tokenized stocks that can’t leave the real price.
A meme pairs with a stock and the wrapper rips 40% while Nasdaq barely moves. Most venues call that a new price. Kairo’s pools are pinned to the real one, and a trade that would drag them off it is refused by the contract. Every trade that does go through pays the people who provide the liquidity and the people who stake.
On most venues a tokenized stock is just a pool, and a pool believes whatever price it was last pushed to.
One buyer in a thin pool can push a stock token 30% above Nasdaq and the gap just sits there. A memecoin with the same ticker can do it by accident. Over a weekend the pool keeps quoting whatever it closed at. Tokenizing a stock does not make a market.
Kairo does. Every market is pinned to its Chainlink feed, and the contract refuses any trade that would drag it off the real price. Not a spread that widens. Not a desk that decides. A rule the pool cannot break.
Read live from the chain. Drift is how far each pool sits from the real price right now. Past the band, a trade does not fill. That is the whole product, in one column.
Explore markets→| Asset | Price | Pool | Drift | Liquidity | 24h volume | Vault | State |
|---|---|---|---|---|---|---|---|
| Reading the chain | |||||||
USDG, the stock, or plain ETH. One is easier: the vault sells half for the other side on the way in. Two is cheaper, because that swap pays a fee like any other.
A deposit has to be priced, and anything priced can be gamed. So it is refused while the pool sits away from its Chainlink feed. The same rule stops anyone buying your share cheap.
Picking a range and minding it is the hard part of providing liquidity anywhere. The vault does it inside the band, holds the position, and hands you one ordinary ERC-20 for your share.
Nothing to harvest, nothing to claim. Fees land inside the position, so the share price rises and your token is worth more tonight than it was this morning.
Redeeming burns your exact fraction of the position. No oracle check, no pause, no owner. The vault has none, so there is nobody who could stop you.
Want the protocol’s cut too? Stake KAIRO and the protocol’s share of every market’s fees streams to you in the fee tokens themselves. No emissions. Just the trades.
Stake→Trading fees, and nothing else. Providers keep 75% of every fee. The protocol’s quarter is split on chain between stakers, protocol-owned liquidity and the treasury, and the quarter is a ceiling written into audited code. Nobody can raise it. Including us.
Recent trades
From the pools’ own logs
Reading the tape
What Kairo is not
Every line here is a property of the deployed code, not a promise. The short list of things we still could do to you is underneath, because you should read that too.
It is a constant in the audited Liquidity Book code, checked on every write. Liquidity providers keep at least three quarters of every fee no matter who owns the contracts.
The market factory owns the pool factory and its presets are closed, so an equity pool is created and anchored in one transaction. Markets with no oracle are a separate, separately labelled type.
No mint function, no owner, no pause, no transfer tax. The supply that exists is the supply there will ever be.
The vault that compounds fees into liquidity has no withdrawal function at all. What goes in stays as depth in the pools, and it only deposits when the pool agrees with the oracle.
Sweeping fees and turning them into liquidity are functions anyone can call. The keeper we run is unprivileged; if it stops, someone else can do its job.
An anchor that only ran on one side of a swap would let drift reach twice the band. The hook refuses to be installed unless both sides are enabled.
And what is not guaranteed
The rails already moving real stocks on chain. Nothing here is forked, guessed or pretended.
