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Stock tokens + $JTM coming soon

J.T. Marlin
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How it works

Buy the pair. Receive the fee share.

J.T. Marlin pays 20% of each token-stock pair's trading fees to wallets holding that pair token, once every 24 hours. Each pair is a firm token issued against a listed stock token on Robinhood Chain. Holding qualifies you. The distribution is automatic. This page shows the calculation.

To holders

20% of fees

Distribution source

Trading fees

Distributions

Every 24h

Staking

None

Lockup

None

Claim button

None

The process

Four steps. One purchase on your side.

  1. 01Acquire

    Buy a token-stock pair

    Choose a live pair and purchase our pair token on Robinhood Chain from the official contract listed on its row. That single purchase is the only step you need to take.

  2. 02Hold

    Hold in self-custody

    No staking, no lockup, and no further signature. Keeping the pair token in your own wallet is what qualifies you for that pair's daily distribution.

  3. 03Accrue

    Trading fees accrue

    Every trade through the pair pays a trading fee. A fifth of the fees a pair collects, 20%, is reserved for its holders. The rest funds liquidity and operations.

  4. 04Distribution

    Receive the daily payment

    Once every 24 hours that reserved pool is allocated across wallets holding the pair token, in proportion to balance, and settled directly to you.

The fee split

20% of the fees goes to holders, every day

Each token-stock pair earns a trading fee on the volume routed through it and splits what it collects. A fifth is pooled and paid to holders once a day. The rest funds market making, liquidity, and operations that keep the pair orderly.

The 20% is a share of the fees the pair collects, not a share of your trade. Each token-stock pair earns a trading fee on the volume routed through it, and a fifth of what it collects is paid to holders every day. Only token-stock pair holders receive this. Buying a listed stock on the marketplace does not earn a distribution.

Paid to holders daily

20%

of the trading fees each token-stock pair collects, pooled daily and split across holders by position size.

01The pair earns fees

$10,000

The trading fees a pair collects on the volume routed through it in one day. This moves with volume; it is only an illustration.

0220% reserved for holders

$2,000

Twenty percent of the fees the pair collects is set aside for holders. The rest funds market making, liquidity, and operations.

03Your distribution

$40

Hold 2% of the pair token's supply and you receive 2% of the $2,000 pool, settled straight to your wallet.

Illustration only

The dollar figures above are only an illustration. Distributions are variable: the pool is 20% of whatever the pair actually collected that day, so a quiet day pays less and a busy day pays more. Nothing is fixed or guaranteed.

The $JTM firm token

Your % of the pair times your $JTM weight

Two percentages decide your payout, multiplied together: the percentage of the pair token you hold, and the percentage of the $JTM supply you hold. Your pair percentage times the weight your $JTM percentage earns gives your units, and each pair's daily pool is divided across every holder's units. Both sides are token balances, so no prices are involved.

Your % of the pair x your $JTM weight = your units. Your payout = the day's pool x (your units / every holder's units).

$JTM live on Robinhood Chain

01Base

No $JTM

1.0x

Hold the pair on its own and 1% of the pair counts as 1.0 units.

02Bronze

0.01% of the $JTM supply

1.25x

1% of the pair counts as 1.25 units, a quarter more than the same position with no $JTM.

03Silver

0.05% of the $JTM supply

1.5x

1% of the pair counts as 1.5 units, half again as many as the base tier.

04Gold

0.10% of the $JTM supply

2.0x

1% of the pair counts as 2.0 units, the highest weight available.

Worked example

A pair collects $10,000 in trading fees in one day, and 20% of it makes a $2,000pool. Every holder's units add up to 125 that day, so each unit is worth $16. Four wallets hold an identical 1% of the pair and differ only in the percentage of the $JTM supply they carry:

Base · 1.0x

$16

1% × 1.0x = 1.0 units

Bronze · 1.25x

$20

1% × 1.25x = 1.25 units

Silver · 1.5x

$24

1% × 1.5x = 1.5 units

Gold · 2.0x

$32

1% × 2.0x = 2.0 units

Every wallet above holds the same 1% of the pair and differs only in $JTM. The pair's holders carry 125 units that day because some of them carry weight, so a unit is worth $16. These four take 5.75 units and $92 between them, and the remaining 119.25 units and $1,908 go to the rest of the holders, which adds up to the $2,000 pool exactly. Figures are an illustration: the pool is 20% of whatever a pair actually collected, so a quiet day pays less and a busy day pays more.

Tiers are a percentage of the total $JTM supply, read from balances at the daily snapshot. A tier therefore costs the same whatever the size of the pair position behind it, and there is no price to read and nothing to value in dollars. The pool is always 20% of a pair's daily fees, so weight decides how that pool is divided, not how large it is. Every holder's units are added together and the pool is divided by that total, which is why the payouts always sum to the pool exactly and the firm never owes more than the fees it actually collected. $JTM is deployed on Robinhood Chain at 0x556178235f3eA771b37a85E1BEcdA6f4eC9aDdf9. Weighting goes live for a pair once that pair launches.

Read the full documentation ↗

Custody and controls

Self-custody. Onchain verification.

01Self-custody

You hold your stocks and pair tokens in your own wallet. The firm never takes custody and cannot move your assets.

02Scheduled distributions

Payments run on a fixed 24-hour schedule by contract. There is no claim window to miss and no discretionary approval step.

03Onchain record

Fees collected and distributions paid are recorded on Robinhood Chain, so any wallet can verify amounts and timing.

04Hold to qualify

Eligibility is measured from your wallet balance at each daily snapshot. Nothing is delegated. You hold only what you choose to keep.

Robinhood Chain · Chain ID 4663

Common questions

Clear answers on stocks, pairs, and fees

What does J.T. Marlin offer?

An onchain marketplace for tokenized stocks and other real-world assets, plus our own token-stock pairs. You can buy listed stock tokens today. Our pair tokens, each launched against a stock such as MU or NVDA, pay holders a daily share of that pair's trading fees when they go live. Everything is experimental. Use at your own risk.

How do I buy a stock?

Open the marketplace, connect or create a wallet, fund it, choose a ticker, and buy at the live price. Orders settle onchain to your wallet. A flat 5% desk fee applies on every buy and sell.

What is a token-stock pair?

A J.T. Marlin pair is one of our tokens launched against a Robinhood stock token, for example a pair token tied to MU or NVDA. Each trade through the pair pays a trading fee, and 20% of the fees it collects is paid to holders of the pair token every 24 hours. Buying a listed stock on the marketplace does not earn distributions; only pair tokens do.

Do I have to stake anything?

No. There is no staking and no lockup. Hold a pair token in your own wallet and you are eligible for that pair's daily distribution.

When are distributions paid?

Once every 24 hours. At each daily snapshot, 20% of the fees that pair collected is split across holders of its pair token, in proportion to balance, and sent to their wallets. The remaining fees fund market making and liquidity.

Is the 20% taken from my trade?

No. Holders receive 20% of the trading fees the pair collects across all activity, never a share of your position or your trade size. The 20% is a share of the fees the pair earns, paid out of what it has already collected.

What does $JTM do?

$JTM multiplies your percentage of a pair. Holding 0.01%, 0.05%, or 0.10% of the total $JTM supply earns 1.25x, 1.5x, or 2.0x weight, so 1% of a pair can count as anywhere from 1.0 to 2.0 units when the daily pool is divided. Both sides are percentages of tokens held, so there is no price to read. $JTM is live on Robinhood Chain; the token-stock pairs it boosts launch one at a time.

How is my daily payout calculated?

Take your percentage of the pair token, multiply it by the weight your percentage of the $JTM supply earns, and that is your units. Add up the units of every holder, divide the day's pool by that total to get a rate per unit, then multiply by your units. Example: a $2,000 pool across 125 units pays $16 a unit, so 1% of the pair at Gold weight counts as 2.0 units and receives $32, while the same 1% with no $JTM counts as 1.0 units and receives $16.

Do I need $JTM to earn anything?

No. Holding a pair token on its own counts at 1.0x weight and earns a share. $JTM raises the multiplier applied to your pair percentage, so it increases what the same position earns rather than being a requirement to earn at all. The reverse does not hold: $JTM with no pair position earns nothing, because there is no pair percentage to multiply.

Are the tiers based on dollars or on tokens?

Tokens. A tier is a percentage of the total $JTM supply held at the daily snapshot, so it costs the same regardless of the size of the pair position behind it and does not move with the price of either token. Your pair side is a percentage too: your pair balance divided by that pair's supply.

Does the 20% ever go higher?

No. Twenty percent of a pair's daily fees is a hard cap on what is distributed. Weight decides how that pool is divided across holders rather than how large it is, so the payouts always sum to the pool and never exceed the fees the pair collected.

Where do the distributions come from?

The trading fees on each pair. Twenty percent of the fees a pair collects goes into its daily pool for holders, and the rest funds market making, liquidity, and operations. Marketplace stock trades pay a separate 5% desk fee that does not fund holder pools.

Is J.T. Marlin affiliated with Robinhood?

No. Robinhood Chain is the public network these tokens trade on. J.T. Marlin is an independent project and is not affiliated with, or endorsed by, Robinhood Markets, Inc.

Next step

Trade stocks today. Hold pairs when they launch.

Buy tokenized stocks on the marketplace now. When a token-stock pair goes live, hold it and the daily fee distribution arrives on schedule.