Koturo: tokens on Solana that hold baskets of tokenized stocks

Koturo is a launchpad on Solana. Anyone can launch a token in a few minutes, and anyone can buy or sell one in USDC.

Three kinds of token

  • Onchain Traded Basket (OTB): one token that holds a basket of tokenized stocks, issued by xStocks (Backed), Backpack and Ondo, in the weights its creator set. Buying mints new tokens at the value of the holdings; selling redeems them for USDC at that value, less a small fee.
  • Onchain Traded Exposure (OTX): one token that holds a leveraged position on a stock or market through Hyperliquid, minted and redeemed at its value. Not available to US residents.
  • Memecoin: a token that trades on its own pool and shares a part of its trading fees with its holders.

Baskets on Koturo

Leveraged exposures on Koturo

Learn more in How it works and the FAQ.