Robinhood Chain · Now live

The
Terminal for
Tokenized
Equities.

Stock tokens trade 24/7. The stocks they track don't. Kerdos tells you when that matters and what it costs you.

Market clock · True-cost calculator · Exit planner · Contract check · Live screener

Free accessNo wallet neededUpdated every minute
01TimeLive

Markets close.
Tokens don't.

ProblemA stock token trades at 3am on a Sunday, but the NYSE price it follows froze on Friday at 4pm. Most people can't tell which kind of price they're looking at.

KerdosA live clock for the NYSE session next to the chain's, with a countdown to the next open or close and what the current session means for the price you see.

Market session
02TimingLive

Your week, in your time zone.

ProblemTraditional exchange schedules are bound to New York time, making it difficult for global traders to track active market windows.

KerdosView NYSE session hours mapped directly to your local clock, including holiday calendars and early closes, ensuring you never miss live pricing periods.

Your trading week
03CostLive

The price on screen isn't the price you pay.

ProblemA thin pool moves against you with every dollar you trade. A $5,000 order can cost several percent more than the quoted price, where a broker would charge a few cents.

KerdosPick a listed pool or set its depth, enter your order size, and see the real cost against a brokerage - plus the largest order that stays under 1%.

True cost to buy
vs. buying the stock
On-chain cost above spot
4.30%
≈ $215.05 on $5.0K
Same order at a broker
0.020%
On-chain costs $214.05 more
Keep orders under $873.87 in this pool to stay below 1% total cost.

Estimate for a full-range constant-product pool; concentrated-liquidity pools can be cheaper near the current price. Excludes gas.

Show the math

A full-range pool holds equal dollar value on each side and keeps reserves x times y constant. Buying pushes the price up as you go, so you pay more than the spot price on average.

  1. 1. Dollar side of the pool$125.0KQ = liquidity / 2 = $250.0K / 2
  2. 2. Order after the pool fee$5.0Kn = order x (1 - fee) = $5.0K x (1 - 0.3%)
  3. 3. Average price vs spot1.0430x(1 + n / Q) / (1 - fee)
  4. 4. Cost above spot4.30%average price vs spot - 1
  5. 5. Largest order under 1%$873.87solve (1 + n / Q) / (1 - fee) = 1.01 for the order
Run the same formula on any token's deepest live pool: /api/cost?address=0x... (TSLA shown), or on a pool size with /api/cost?liquidity=...
04ExitLive

Getting out without moving the market.

ProblemSelling a large position into a small pool in one order drives the price down on yourself. The bigger the position relative to the pool, the more you lose on the way out.

KerdosSet your position and the most you'll pay to exit. Kerdos works out how many equal orders to split it into, and how much that saves versus selling all at once.

Exit planner
0.3% pool fee
Sell all at once
24.41%
Split plan
0.99%
46 orders of $869.57
saves ≈ $9.4K

Space orders out during NYSE hours so arbitrage refills the pool to fair price between each one.

Assumes each order lands after the pool has been arbitraged back to fair value. Outside market hours that refill is slow, so splitting helps less.

Show the math

Selling into a constant-product pool pays out less per token as you go. Splitting the position means each order sees a fresh, refilled pool, so each one moves the price less.

  1. 1. Dollar side of the pool$125.0KQ = liquidity / 2 = $250.0K / 2
  2. 2. Received for one order of size sper orderQ x n / (Q + n), with n = s x (1 - 0.3%)
  3. 3. Sell everything at once24.41%1 - received / $40.0K
  4. 4. Smallest number of equal orders under your limit46 x $869.57try 1, 2, 3... orders until cost <= 1%
  5. 5. Cost per order in that plan0.99%1 - received / $869.57
05IdentityLive

A ticker is a label, not proof.

ProblemAnyone can deploy a token named TSLA. Lookalike contracts rely on buyers trusting the symbol instead of checking the address.

KerdosPaste any contract address and check it against the Kerdos registry of tracked stock tokens before you trade - listed, delisted, or unknown.

Contract check
Kerdos registry
Listed
In the registry and actively tracked.
Delisted
Known, but no longer tracked - check why.
Unknown
Not in the registry. Treat as unverified.
06FAQ

Straight answers about stock tokens.

What they are, why their prices drift, and what Kerdos does - and doesn't - do about it.

What problem does Kerdos actually solve?

Stock tokens on Robinhood Chain trade 24/7 in on-chain pools, but the stocks they track only price during NYSE hours. That mismatch shows up as unanchored prices, thin liquidity and hidden trading costs. Kerdos makes it visible - which hours are anchored, what a trade costs at your size, and how to exit without moving the price.

Is a stock token the same as owning the share?

Usually not. Most stock tokens give price exposure to the share, not legal ownership, voting rights or a claim on the company. The exact terms depend on the issuer, so read them before you buy.

Why does the token price drift from the stock price?

When the NYSE is closed nothing anchors the token, so it moves on on-chain sentiment alone. Even during market hours, a thin pool means every trade moves the price, and arbitrage takes time to pull it back.

How accurate is the true-cost calculator?

It models a full-range constant-product pool (x·y=k) and includes the pool fee, not gas. Concentrated-liquidity pools can be cheaper close to the current price, so treat the number as an upper bound - it is the cost you should be prepared for, not a quote.

Why split an exit, and why only during NYSE hours?

One big sale walks the price down the pool. Several smaller sales cost less only if the pool refills to fair value between them, which arbitrageurs do quickly when the reference price is live. Off-hours that refill is slow, so splitting helps less.

What does the contract check prove?

It tells you whether an address is in the Kerdos registry of tracked stock tokens. A ticker on a token is just a label anyone can set, so an unknown address is a reason to stop and confirm with the issuer - not proof that it is fake.

Where does the data come from, and how fresh is it?

Pool prices, volume and liquidity come from DexScreener for every pool of each token in the Kerdos registry, and live trades from GeckoTerminal. The terminal refreshes every minute while it is open; to stay within data provider rate limits, the numbers for each token are updated in rotation, at least every three minutes.

Can I trade on Kerdos? Do I need a wallet?

No and no. Kerdos is a free, read-only information tool - nothing to connect, nothing to sign. It is not financial advice, and you trade wherever you choose.

Who is allowed to buy stock tokens?

It depends on the issuer and where you live; many stock-token offerings are not available to U.S. persons. Check the issuer’s eligibility rules for your country before trading.