What happens to your coins
Figures follow the live Pons curves and Uniswap pools, price impact and fees included. The real fill can differ slightly.
Swap a coin for a stock in a wallet nothing points to
Your coins go into a vault everyone shares on Robinhood Chain. What you asked for comes out somewhere else. On chain, nothing joins the two.
- Coins and stocks listed
- ·
- Batches settled
- ·
- ETH in the vault
- ·
- Last batch
- ·
One swap, start to finish
Worked through with a live quote, so the numbers are today's. Change the amount or the coins above and this follows.
Pons coins and real stocks
Any Pons coin paired with ETH, on its curve or in its Uniswap pool. Paste an address in the picker to list another.
And stocks
Official Robinhood stock tokens, traded in their USDG pools around the clock. Swap into them, out of them, or send them like any coin.
How private is it right now?
Reading the vault…
Every batch the vault has settled, newest first. Click one to open it on the explorer.
What if Fresh disappears?
You leave anyway. Every position in the vault is a leaf in a public tree, and only your recovery code can sign for yours. Enforced by the vault contract …, not by us.
- 48 hours with no batch, and anyone can freeze the vault.
- Once frozen, each owner takes their own leaf out with a proof. No operator involved.
- A deposit nobody credits goes back to the sender after 24 hours.
- Every batch is checked on chain: the tree can never promise more than the vault holds.
One operator runs the batches today and sees the swaps it carries out. It cannot send your coins anywhere your code did not sign for.
Questions people ask
Is this a mixer?
It is a shared vault that trades. Everyone's coins sit in one contract and positions are held by one-time keys, so a deposit and a payout are not visibly connected. It only holds ETH, listed Pons coins and Robinhood stock tokens, and every trade settles on a public Pons curve or Uniswap v4 pool.
Which stocks?
Twenty official Robinhood stock tokens with real depth, SPY, NVDA, TSLA, AAPL, GOOGL, META and more. Each trades in its own USDG pool, so a stock trade goes ETH to USDG to the stock inside one transaction. The vault never holds USDG between trades.
Can I pay without connecting a wallet?
Yes. Pick "Any wallet" and Fresh gives you a one-time deposit address for that swap. Send to it in a single transfer from any wallet or exchange and the swap runs as usual. The address is watched for 24 hours; anything sent late can be refunded with your recovery code.
What does it cost?
Fresh charges no fee. You pay gas for your own deposit. Trades pay the market's own fee, the Pons 1% plus any creator tax for coins, the pool fees for stocks, but only on the part not matched against other users in the same batch. The operator pays gas for every batch, including your payout.
Why does High take hours?
Because timing is a fingerprint. High waits a random few minutes between steps, cuts the trade into pieces, and pays out in two or three round amounts at random times. Standard does it all in one go.
What if the price moves?
You set the least you will accept. If the market will not pay it within six hours, whatever the swap holds goes to your refund address.
What if I lose my recovery code?
The swap still finishes, because the operator holds its keys. You just cannot follow it here or withdraw it yourself. Codes stay in this browser until you clear its storage.