SPL-wrapped equities · Solana mainnet
Launch tokens
paired with
penny stocks.
OTON wraps listed micro-cap equities into SPL tokens — each one backed by a real share sitting in custody with on-chain attestation. Every wrapped ticker plugs straight into Solana DeFi: bonding curves, AMMs, whatever you build on top.
Mint ticket
- You send
- USDC (SPL)
- Price oracle
- on-chain attestation
- You receive
- 1 SPL token / share
- Backing
- 1:1 custodied equity
Runtime
SVM
Solana mainnet-beta
Wrapped tickers
11
listed micro-caps
Token standard
SPL
composable everywhere
Settlement
USDC
via Solana-native mint
The engine
Off-chain equity → on-chain SPL token in five steps
An SPV acquires listed shares through a regulated broker and parks them at a qualified custodian. The custodian posts a signed attestation to Solana. The program's mint authority checks the attestation before issuing any SPL tokens — supply can never exceed the attested count. The result: a composable, Solana-native wrapper around real equity.
- 01Off-chain
Acquire & settle
A dedicated SPV fills the order through a prime broker. Shares settle T+1 into segregated custody.
- 02Attestation
Post proof on-chain
The custodian signs a Solana transaction attesting the exact settled share count. The attestation is public and verifiable by anyone.
- 03SPL mint
Mint the SPL token
The mint authority issues one SPL token per attested share. Any mint call that would exceed the attestation is rejected by the program.
- 04Bonding curve
List on the floor
The wrapped ticker becomes a base or quote asset. Permissionless bonding curves go live on Solana — no order book, no listing fee.
- 05Burn & redeem
Burn to redeem
Burn SPL tokens to unlock the underlying shares via the custodian. The attestation decrements atomically — no stale backing.
Peg mechanics
Pegged to equity, not to a dollar.
Each SPL token represents one underlying share — no rebasing, no synthetic exposure. When the stock moves, the token moves with it. Price drift on Solana DEXs gets corrected by mint-and-burn arbitrage, the same mechanism that keeps ETF shares in line. Corporate actions like reverse splits apply a multiplier on-chain instead of burning supply.
- Backing
- 1 custodied share
- Rebase
- Never
- Peg restore
- Mint / burn arb
- Reverse splits
- On-chain multiplier
Program constraint · checked every mint
spl_supply × multiplier / 1e18
≤ attested_shares (on-chain account)
The Solana program rejects any mint instruction that would push token supply past the attested share count. On burn-to-redeem, the attestation decrements in the same transaction — no window for stale backing.
Read this first
Experimental protocol — use at your own risk
Programs are unaudited
The Solana programs handling minting, attestation, and bonding curves have not been audited by a third party.
Equity + on-chain risk
You hold real equity exposure — halts, delistings, and reverse splits all apply — plus smart-contract and bridge risk.
Not a securities offering
Nothing on this site is investment advice or a solicitation. Not available to US persons.
The floor is live.
Pick a ticker, mint the SPL wrapper, and start trading on Solana. No order book required.