IPO allocations were never meant for you. $IPO changes that.
Wall Street gives allocations to whales. $IPO brings the desk onchain — trade the listing before the bell, then redeem for the real tokenized shares.
Hold one token. Earn off every listing.
Every synthetic listing is priced in $IPO. Holding it is how you get into each new market — no broker, no accreditation, no gatekeeper.
At the listing, each synthetic settles to the real price and becomes redeemable for real tokenized equity (Dinari · Backed) — or the guaranteed $IPO floor. Your call.
Fees route back into $IPO and a share of every fee burns it. The more the listings trade, the fewer tokens there are.
Get in before the bell.
A synthetic now. Actual shares at the bell.
Each listing is its own market, priced in $IPO off the private-market mark. Buy in before the bell — the allocation desks keep for whales.
At the listing, the real clearing price is written onchain. The whole market was a bet on this number — now the curve converges to truth.
The desk deposits real tokenized equity through a regulated issuer (Dinari dShares · Backed xStocks). Redeem 1:1 for the real thing, or take the guaranteed $IPO floor. Your call.
Pre-IPO, a synthetic — cash-settled, priced in $IPO, not equity. At the listing the desk deposits real tokenized shares through a regulated issuer so you can redeem 1:1 for the real asset. Real-share redemption depends on that deposit; the $IPO floor is always guaranteed onchain, so a holder is never stranded.
The private-market watchlist. Onchain.
The first place retail gets the allocation.
SpaceX, Databricks, OpenAI, Anduril — the biggest listings of the decade, on a clock. You're not waiting for hype. It's scheduled.
Hold $IPO and you're positioned across the whole board — not stuck guessing which single name runs.
Every listing routes fees back into $IPO and burns supply as markets trade. No emissions, nothing printed.
No hype. Here's exactly where it stands.
How it actually works.
What is $IPO?+
One token for every onchain IPO listing. Hold it and you earn ETH from the trading on every synthetic — and you get allocation into each new one as it lists.
Do I get actual shares?+
Before the IPO, no — a synthetic is a cash-settled position priced in $IPO, not equity. But at the listing it changes: the desk deposits real tokenized shares through a regulated issuer (Dinari dShares · Backed xStocks), and you redeem your synthetic 1:1 for the real asset. Or you take the $IPO floor instead. Whichever you value more.
What happens at the listing? (settlement)+
The real clearing price is written onchain — the synthetic converges to truth. Then redemption opens with two legs: actual tokenized shares (if the desk has deposited them) or the guaranteed $IPO floor, which stands no matter what. Picking one frees the other back to the desk.
What if the desk never deposits the real shares?+
Then you simply take the $IPO floor — it's frozen onchain at settlement and always claimable. The real-share leg is an upgrade on top of a guarantee, never a replacement for it. You can never be stranded.
How do I make money?+
Three ways. Trade a synthetic — buy the listing, sell it higher. Hold it to the bell and redeem for the real shares (or the floor). Or just hold $IPO and earn ETH from every trade across every listing, while the supply burns down.
What is 'allocation'?+
Holding $IPO gives you priority into each new synthetic listing — the access Wall Street reserves for whales and insiders.
Where does it live?+
Base. Fixed supply, fair-launched, no team allocation — and every contract is public and verifiable on Basescan.