How Manta Swap works

01 Overview

Trading tokenized stocks usually means an account, a form, and a desk that sees your order before you do. Manta removes all of that. You bring ETH, pick a stock, and sign one transaction. The router finds the best route across every venue it can reach and settles the equity on chain, to any address you name.

• Private by default. Your order never rests on a public book, so there is no size to read and no price to front run.
• One quote, best route. Manta compares centralized and on-chain liquidity in a single quote and routes down the cheapest path.
• Real equity, self-custodied. Every swap lands a real tokenized stock in your own wallet, tradable any hour.
• Cashback in stock. A share of each trade's fee comes back to you as tokenized stock.

02 How a swap works

A swap is four steps and one signature. What you see quoted is what you get, because the fill is priced against live pool state the moment before you sign.

1. Pick a stock. Choose the equity you want, from SPY and NVDA to AAPL, TSLA and more.
2. Enter your ETH. Type the amount to spend. Manta simulates your exact trade against the live pool and shows the tokens you will receive, the effective price and the minimum out.
3. Choose where it lands. Paste the wallet that should receive the stock, or connect your own. The wallet that pays and the wallet that receives can be different.
4. Sign once. One transaction settles the trade on Robinhood Chain. The stock arrives at the address you picked.

03 Manta Routing

Every trade is quoted across CEX and DEX liquidity at once. Manta compares venues and routes your trade down the cheapest private path, choosing the pool version and fee tier that give the best fill. You never pick the venue. The router does.

Most routes settle through a USDG hop into the deepest pool for the stock you want. Manta reads each candidate pool, prices your size against its live reserves, and picks the venue and fee tier with the best output.

04 Dark Orders

Your order never sits on a public book. There is no resting size to read and no price for bots to jump ahead of. The market learns about your trade after it settles, not before.

• No size to read, no venue building a profile on you.
• No order-book footprint for anyone to trade against.
• Move real size without moving the market.

05 Stock Cashback

Every swap pays you back. A share of each trade's fee returns to you as tokenized stock, straight to your wallet. You are not renting the position, you keep it. The more you move, the more you hold.

Cashback stacks on top of the equity you already bought. Keep swapping and the stock keeps landing, on names like NVDA, AAPL, TSLA and SPY.

06 Holder Fee Tiers

Holding the Manta token does something. Your fee tier is read straight from your wallet and applied on every route. Hold more, pay less. No staking, no lockups. The token trades on the same private router it discounts.

07 Non-custodial & settlement

Manta never touches your keys or your funds. You sign one transaction and it settles on Robinhood Chain. No account to create, no form to fill, no counterparty holding your assets.

• Non-custodial. Your stock, your keys, your address.
• No KYC. Nothing to sign up for, no desk deciding your price.
• Always open. Pools price the market live, any hour of any day.

08 Using the app

Open the desk and start small. The flow mirrors the steps above, with a live quote that updates as you type.

1. Open the app and select the stock you want to receive.
2. Enter an ETH amount. The quote shows expected tokens, effective price, minimum received and the route.
3. Set the receiving wallet. Paste any address, or connect a wallet to use your own.
4. Connect and sign. One signature settles the stock to your chosen address.

Open the app →

09 Assets

Manta prices tokenized equities live on chain. Apple, Nvidia, Tesla, the S and P 500 and many more, tradable at any hour, settled on Robinhood Chain.

The full list of tradable names is shown in the token picker inside the app.

10 FAQ