Documentation
ReferenceFirm reference. Stocks, pairs, and fees.
A plain-language reference for J.T. Marlin: how we sell tokenized stocks, how each pair's fixed daily fee pool is calculated, how $JTM weighting decides the way that pool is divided, and the risks to weigh. $JTM is live on Robinhood Chain; the token-stock pairs it boosts launch one at a time.
To holders
20% of fees
Distribution source
Trading fees
Distributions
Every 24h
Fees start
Day 2
Hold rule
Full 24h
Pairs planned
12
Status
Pre-launch
What J.T. Marlin is
J.T. Marlin is an onchain marketplace on Robinhood Chain. We list tokenized stocks and other real-world assets. Separately, we issue token-stock pairs: firm tokens launched against listed stock tokens such as MU or NVDA. Every trade on a pair pays a fee, and 20% of the fees that pair collects each day is paid to wallets holding its pair token. Use at your own risk.
There is no staking, no lockup, and no claim button. You buy a pair token once and hold it in your own wallet. If you are holding at the daily snapshot, your share of the pool is settled to you. Hold $JTM as well and your percentage of the pair is multiplied before the pool is divided, so the same position earns more.
In one line
Trade stocks on the marketplace. Hold a token-stock pair to receive a daily share of its trading fees. Add $JTM to increase that distribution on the same position.
How it works
The whole program is one transaction on your side. Everything after that runs automatically onchain.
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.
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.
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.
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
A pair earns a trading fee on every trade. At the end of each day, 20% of what it collected is pooled and split across every wallet holding the pair token, in proportion to how much it holds. The rest funds the market making, liquidity and operations that keep trading tight.
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.
01Pair earns
$10,000
The trading fees a pair collects in a day. Moves with volume.
02Pool for holders
$2,000
20% of the fees the pair collects. The rest funds liquidity.
03Your share at 2%
$40
Hold 2% of supply, receive 2% of the pool.
Figures are only an illustration. The pool is 20% of whatever a pair actually collected that day, so a quiet day pays less and a busy day pays more. Nothing is fixed or guaranteed.
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).
Worked example
A pair collects $10,000 in trading fees in a day, and 20% of it makes a $2,000 pool. Every holder's units total 125, so a unit is worth $16. Four wallets hold the same 1% of the pair:
- Base · 1% × 1.0x = 1.0 units$16
- Bronze · 1% × 1.25x = 1.25 units$20
- Silver · 1% × 1.5x = 1.5 units$24
- Gold · 1% × 2.0x = 2.0 units$32
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.
What weighting does not do
Weighting never increases the size of a pool. $JTMmultiplies your percentage of the pair to set your units, and the fixed pool is divided by the total of everyone's units, so the payouts always sum to the pool. That total rises above 100 units as holders take weight, which is why the same 1% earns $16 at Base rather than the $20 it would earn if nobody carried weight. If most holders carry weight, the advantage of any one tier narrows. No amount of $JTM earns anything without a pair position to multiply.
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.
Supported token-stock pairs
The planned roster of J.T. Marlin token-stock pairs. Each pair is a firm token issued against a listed stock token, and it pays its own holders from its own trading fees. None are deployed yet.
Security
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.
Risk
01Distributions are variable
Daily payments depend on trading volume and fees collected on each pair. They rise and fall with activity and are never fixed or guaranteed.
02Market risk
Stock tokens and pair tokens can lose value with the underlying equity and with market demand. Fee distributions do not protect against a falling price.
03Smart contract risk
Onchain systems can contain defects. Only interact with official contract addresses published by J.T. Marlin, and verify them before you transact.
04Use at your own risk
Nothing on this site is a recommendation to buy, hold, or sell any asset. These are experimental digital assets. You can lose everything. Decide for yourself and only use funds you can afford to lose.
Deployment status
Status notice
Stock trading is live on the marketplace, and $JTM is deployed on Robinhood Chain at 0x556178235f3eA771b37a85E1BEcdA6f4eC9aDdf9. The token-stock pairs are not deployed yet, so no pair rewards are being paid and no weighting is active. The mechanics, splits and weights on this page describe the model for launch and may change before pairs go live. Only ever interact with official contract addresses once they are published here.
FAQ
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.
Get started
Read it, then trade it.
The marketplace is live for stocks and RWAs. Our pairs launch one at a time, and holding one earns a daily share of its trading fees.