Every stock trade pays a fee to someone. On Midpoint, that someone is you.
Start earningEvery trade within this range pays you 0.3%.
Apple trades thousands of times an hour, up and down. Every one of those trades needs someone on the other side.
Taking the other side is a business called market making. It collects a small fee on every trade. On Wall Street, trading desks kept those fees for themselves.
Onchain stocks let anyone be the market maker. Put money in a range around today's price, and every buy and sell inside it pays you, whichever way the price moves. What you earn is fees minus price impact.
If the price moves out of your range, earning pauses. We re-center it around the new price, sized by the stock's volatility, so your money is earning again.
*Estimated yield is derived from each pool's trading fees over the last 30 days, annualized for illustration. It varies daily, typically declines as deposits grow, and is not a promise or guarantee. Actual returns may be lower, including loss of principal. Past performance does not indicate future results. Not investment advice.