The whole protocol in one page: the fee, the basket, the distribution engine, and what you actually receive.
SOLDEX is a stock dividend protocol on Solana. Hold $SOLDEX and you receive tokenized stocks — SpaceX, NVIDIA, Tesla, the S&P 500 and more — delivered to your wallet every 5 minutes, funded entirely by creator rewards from trading volume.
The design is deliberately simple: one token, one revenue stream, one basket, one rule. No staking, no lockups, no claims. If you hold enough $SOLDEX at the moment of a snapshot, the stocks arrive.
$SOLDEX carries no token tax. Instead, the launch pool pays creator rewards in SOL on every trade — the standard revenue-share model Solana launchpads give a token's creator, redirected entirely into the protocol treasury.
Because the treasury is funded in SOL rather than in $SOLDEX, stock purchases never require selling the token — no treasury sell pressure on the chart, no transfer-fee warnings in wallets, and holders always receive exactly the amount they trade.
The split is fixed and ledger-enforced: 80% of every claim buys stocks for holders; 20% stays on the treasury as the marketing budget. The engine also only ever spends SOL it provably claimed — the claimed amount is measured from each claim transaction itself, so funds parked on the treasury are structurally untouchable.
A wallet qualifies for distributions when it holds at least 100,000 $SOLDEX at snapshot time. Payouts are pro-rata with an anti-whale cap on payout weight: your share of a round equals your (capped) balance divided by the combined balance of all eligible wallets. Liquidity pools, program-owned accounts and the treasury are excluded automatically, so every drop goes to real holders.
Distributions are paid in xStocks — tokenized US equities issued by Backed Finance on Solana. Each xStock is fully collateralized 1:1 by real shares held with a regulated custodian, and trades on Solana DEXes around the clock.
Distributions rotate through 18 liquidity-verified names, one per cycle, deepest markets first: SPYx, NVDAx, QQQx, TSLAx, MU (Micron), CRCLx, COINx, SKHY (SK Hynix), MSTRx, SPCX (SpaceX), GOOGLx, HOODx, AMZNx, DRAM (memory ETF), METAx, SNDK (Sandisk), AAPLx, MSFTx — a full lap of the basket roughly every 90 minutes. Every name is scanned against Jupiter and must hold at least $100,000 of on-chain liquidity, so protocol buys clear without material slippage. Public equities come from Backed's xStocks; names like SpaceX, Micron and SK Hynix come from Backpack Securities — when the same company exists from several issuers, the deepest market wins. More of the ~60 scanned names join as their liquidity deepens.
Every 5 minutes the engine runs four steps:
Every step is a normal Solana transaction — inspect any round on the distributions page and follow it into the explorer.
You receive the xStock tokens themselves — they sit in your wallet like any SPL asset. You can hold them, sell them on any Solana DEX, or accumulate. They track the price of the underlying share 1:1. They are not brokerage shares: no voting rights, and issuer dividends are handled by the xStocks issuer per their terms, not by SOLDEX.
$SOLDEX mint: launching soon
Basket mints: the 18 xStocks mints are listed in the site config and on each stock card on the home page — every card links to the token on Jupiter.
$SOLDEX is a speculative digital asset, not equity, and can lose value quickly. Tokenized stocks are not available to residents of all jurisdictions (including the United States, per the issuer's terms) and carry their own issuer, custody and liquidity risks. Distribution value depends entirely on trading volume — low volume means small rounds. Nothing on this site is financial, legal, tax, or investment advice. Do your own research.