KRWA DEX
Early access

Real Stocks.
First of Their Kind.

The first DEX where tokenised stocks trade at real stock market prices with zero slippage.

All tokenised stocks on Solana at launch, from every issuer who issues 1:1 backed stocks.

The problem

Tokenised stocks are broken today

Split across issuers

Backpack, Sunrise, xStocks and every other issuer mints their own Apple token. Liquidity is scattered and thin.

Prices off the market

Crypto AMM pools drift away from the real stock price, so you often pay more than the share is worth.

Unfair execution

Bots jump ahead of your order and pocket the difference. Retail traders lose every time.

Why we built KRWA DEX

One exchange, real prices

Real stock market prices

Every trade is anchored to the live stock market reference price, not a pool's guess. Our RAHCL engine (Referenced Anchored Hybrid Concentrated Liquidity) replaces the AMM guesswork.

One Omni Pool

Tokens from every issuer whose shares are 1:1 backed with voting rights, whether Backpack, Sunrise, xStocks or anyone else, land in one pool, so liquidity is deep from day one.

Fair batch auctions

Orders are grouped and filled at one fair price, so no one can cut in front of you.

How it works

Three steps, that's it

1

Pick a stock

Search Apple, NVIDIA, Tesla and more, each with its real logo and price.

2

Pay with USDC or SOL

Enter an amount, see your shares and fees, review, and confirm.

3

Hold or earn

Keep your shares, or deposit them into the Omni Pool to earn from trades.

Put your stocks to work

Deposit tokenised stocks (from any issuer whose tokens are 1:1 backed shares with voting rights, including Backpack, Sunrise and xStocks) or USDC into the Omni Pool, and earn a share of every trade's fees through RAHCL. Withdraw whenever you like.

BackpackSunrisexStocks+ every issuer
The difference

AMM pool vs KRWA DEX RAHCL

Typical AMM (Automated Market Maker)

  • ✕Price set by pool balance
  • ✕One pool per issuer token
  • ✕Bots jump ahead of your trade
  • ✕Big trades move the price
  • ✕Any token, backing unclear

KRWA DEX, powered by RAHCL

Referenced Anchored Hybrid Concentrated Liquidity

  • Anchored to the real stock market price
  • One Omni Pool for all issuers
  • Fair batch auctions
  • Deep liquidity, zero slippage
  • Only 1:1 backed stocks with voting rights

Be first to trade real stocks on chain

Join the waitlist