Attention moves on, volume dries up, and the only exit is finding someone willing to pay less than you did.
Every trade stacks the S&P 500 under your coin.
Lorex is a coin launchpad on Robinhood Chain. A 1% fee on every buy and sell, 70% of it converted into $SPY and locked into that coin's reserve. Holders can burn coins for their slice of it, no buyer required.
- 1% per trade
- 70% into $SPY
- Burn any time
Trade
1% fee
Buys $SPY
Coin reserve
Burn to redeem
The problem
A chart is not a floor.
Each trade adds $SPY to a reserve that belongs to holders. If the crowd leaves, the reserve stays — and any holder can claim their share.
How it works
Launch, trade, stack, redeem.
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01
Launch
Pick a name and ticker, launch in one transaction. The whole supply goes into the pool and liquidity is locked forever — nobody can pull it, including the creator and us.
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02
Every trade
1% is taken from each buy and each sell. In the same transaction, 70% of it buys $SPY — the S&P 500 token on Robinhood Chain — and adds it to the coin's reserve.
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03
The floor
The reserve is split across every coin in existence. That's a price below which selling makes no sense — you can redeem at it any time $SPY isn't paused.
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04
Redeem
Press “burn”. Your coins are destroyed and you receive your share of the reserve in $SPY. No counterparty required.
The floor
The $SPY behind each coin only stacks up.
floor per coin
=
$SPY in reservetotal supply
- Every trade adds $SPY to the reserve.
- The S&P 500 moves the dollar value of what's there, up or down.
- Redemptions don't hurt it. Burning a share of the supply removes exactly the same share of the reserve, so the floor for everyone else stays put.
Play with the numbers
Example, not a forecastEvery coin has a fixed supply of 1,000,000,000.
Reserve value, after S&P change—
Floor per 1M coins, after S&P change—
You can redeem for—
Reserve = volume × 1% × 70%, then moved by the S&P 500. Real coins depend on real volume.
Where the 1% goes
70% of every fee goes back to holders.
Split is preliminary and can change before launch.
Coin reserve
Buys $SPY. Belongs to the holders, redeemable any time $SPY isn't paused.
Coin creator
So launching and growing a coin is worth it.
Platform
How Lorex earns.
Under the hood
A Uniswap v4 hook with rules nobody can edit.
Coins on Robinhood Chain trade on Uniswap. Its latest version lets a pool run custom code on every swap — a hook.
Ours takes 1% of the trade and puts 70% of it into $SPY for the reserve, inside the trade itself. Its rules can't be changed after deployment. If $SPY is paused, reserve buys queue up until it resumes.
// simplified
fee = trade × 1%
reserve += buy($SPY, fee × 70%)
creator += fee × 20%
platform += fee × 10%
// on burn(amount)
payout = reserve × amount ÷ supply
supply -= amount
Why now
Hooks and tokenized funds, finally in one place.
Robinhood Chain has Uniswap hooks, and Robinhood issues tokens tracking real funds like the S&P 500 on it. Lorex puts the second under the first.
What it doesReserve under the coinBurn to redeem
LorexEvery trade buys $SPY into the coin's reserveYesYes
Hookr.funRules builder: burns, launch bot protection, buyer rafflesNoNo
PonsThe chain's main launchpadNoNo
Read before you ape
What can go wrong.
We'd rather you hear it from us.
Robinhood controls $SPY
The issuer can pause the token or block a specific address. While it's paused, reserve top-ups and redemptions don't work.
The floor starts small
The reserve grows from volume. For it to hold 3.5% of a coin's value, the coin needs to trade about five times its market cap. Active coins build a real floor; dead ones don't.
Not visible everywhere at first
Trading terminals may not understand pools with a new hook right away. Early on, you may need to trade through our site.
Code can't be patched
Onchain code doesn't change after launch. A bug would mean a new hook. That's why everything is tested on a fork of the real network first.
$SPY is a token, not a share
The reserve holds a Robinhood token that tracks the fund's price. It's not the fund's shares and pays no dividends.
Not live yet
Lorex hasn't launched. Nothing here is investment advice, and the numbers on this page are examples.
FAQ
Questions.
What exactly is in the reserve?
$SPY — the “SPDR S&P 500 ETF Trust • Robinhood Token” on Robinhood Chain. It tracks the price of the S&P 500 fund. We start with $SPY because it's the one with real onchain volume; other funds can follow once they trade.
Do I need a buyer to exit?
No. Burning your coins pays out your share of the reserve directly. The market price can be higher than the floor — then selling is better — but redeeming is there whenever $SPY isn't paused.
Can the creator rug the liquidity?
No. At launch the whole supply goes into the pool and the liquidity is locked forever. Nobody can withdraw it — not the creator, not Lorex.
What happens to the floor when someone redeems?
Nothing. Their coins are burned and they take exactly the matching share of the reserve, so reserve-per-coin stays the same for everyone else.
Why Robinhood Chain?
Robinhood issues tokens tracking real funds like the S&P 500 there, and Uniswap's hook-enabled version is live on it.
Coming to Robinhood Chain.
Explore the app, read how the reserve works, and follow along for launch day.