Desk volume, 7 days
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opens when the broker id is live
FIFTYX · a perps desk on Robinhood Chain · margin in USDG
Lever up on Tesla on a Sunday night. Every fill pays holders.
A perps desk on Robinhood Chain for tokenized stocks, margined in USDG. The desk's cut of every fill goes to whoever holds $50X, every Friday.
The cage
Every number on this page was read from Orderly or the chain in the last half minute. A dash means the number does not exist yet.
Open interest, our markets
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24h volume -, all of Orderly
Next payout to holders
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Friday 20:00 UTC, in USDG
Fee wallet, USDG
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paid to holders so far -
The chip trays
Stock perpetuals, 24 hours a day, seven days a week, margined in USDG. Max leverage is whatever Orderly's risk engine allows per market right now; it is printed on each chip and never rounded up.
TSLA
Tesla
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24h-
Open interest-
Funding-
-NVDA
NVIDIA
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24h-
Open interest-
Funding-
-GOOGL
Alphabet
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24h-
Open interest-
Funding-
-AAPL
Apple
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24h-
Open interest-
Funding-
-HOOD
Robinhood
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24h-
Open interest-
Funding-
-MSTR
Strategy
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24h-
Open interest-
Funding-
-SPX
S&P 500
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24h-
Open interest-
Funding-
-XAU
Gold
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24h-
Open interest-
Funding-
-How the rake works
A casino keeps the rake. This desk hands it to the people holding the chips.
1 · a fill
Someone trades Tesla on the desk
Taker fee 5 bps, maker 0. Orderly keeps its 3 bps base; the desk's 2 bps is the rake.
2 · the drop
The rake lands in one wallet
Withdrawn from Orderly to the fee wallet on Robinhood Chain as USDG, next to half the token's creator fees. The balance is on the Holders page, live.
3 · Friday 20:00 UTC
Holders get paid
Pro rata to every wallet holding at least 1,000 $50X at the 19:00 UTC snapshot, in USDG, with the transaction hashes in the ledger.