Documentation

Kubik Market, explained simply.

How real penny stocks become tokens, how memes trade against them, and how the price stays honest.

Overview

Kubik Market turns real penny stocks into tokens, lets anyone launch a meme against one, and uses a market maker to keep the token price close to the real share price.

A stock-token is called a TICKERx. A share of Kartoon Studios becomes TOONx.

Stocks Real shares, tokenized one to one.

Launchpad Memes priced in a stock-token.

Arbitrage Keeps the price honest.

The loop

Buy shares → SPV holds them → Attest on-chain → Mint TICKERx → Launch memes → Graduate

On Robinhood Chain. Not an offer of securities.

Stocks

One token equals one real share. The SPV (a company that only holds shares) buys the share, then mints the token against it. Minting needs no USDG.

Only the SPV / market maker mints and redeems, exactly like an ETF's authorized participant. You never mint or redeem yourself: you buy and sell TICKERx on the open pool, and the market maker keeps that price glued to the real share.

Action	Who	What happens
Mint	SPV / MM only	The SPV holds the share and mints one TICKERx against it.
Redeem	SPV / MM only	The SPV burns tokens and sells the shares, closing its arbitrage.
Trade	Anyone	Buy or sell TICKERx on its pool. This never touches custody.

Backing rule

There can never be more tokens than shares held.

token supply <= shares in custody

Anyone can check the coverage live on the Backing page.

Launchpad

Anyone launches a meme. It is priced in an approved stock-token, not in ETH. It sells on a bonding curve, so the price rises as more people buy.

Setting	Value
Sold on the curve	80%
Kept for the pool	20%
Trade fee	1%

Graduation

When the curve sells out, the liquidity moves into a real Uniswap v3 pool and is locked for good.

Curve fills → Seal → Uniswap v3 pool → Locked forever

Graduated liquidity can never be pulled out. No rug.

Keeping the price honest

A market maker closes any gap between the token price and the real share price.

If the token is	The market maker	Price then
Too expensive	Mints new tokens and sells them	Goes down
Too cheap	Buys tokens and redeems them	Goes up

The profit from selling when the token is expensive pays for the next batch of real shares. That is how the system funds itself. It runs on market hours, so it is not instant.

Reference

Contracts on mainnet

Contract	Address
Launchpad factory	pending deployment
Graduation migrator	pending deployment
Liquidity locker	pending deployment
Buyback	pending deployment
Holder distributor	pending deployment
Transfer restrictor (CEX blocklist)	pending deployment
Issuance controller	pending deployment
Reserve registry	pending deployment
Stock token factory	pending deployment
KUBIK token	pending deployment
TOONx stock-token	pending deployment
DSSx stock-token	pending deployment
AIXIx stock-token	pending deployment

Chain: Robinhood Chain (an Ethereum L3), id 4663. Explorer: robinhoodchain.blockscout.com.

FAQ

Question	Answer
Is this a security?	No. Not an offer of securities or advice.
Do I need USDG to mint?	No. The SPV mints against the share it holds.
Can the liquidity be rugged?	No. Graduated liquidity is locked forever.
What chain is it on?	Robinhood Chain, an Ethereum L3.