1.1
Dark pools, in one paragraph
When a fund wants to move a large block of a stock, it doesn't put the order on the public exchange. Everyone would see it coming and trade against it. Instead it goes to a dark pool: a venue where buyers and sellers are matched without the order ever being shown.
The trade happens, the price is fair, and nobody watched it approach. Dark Stonk is that venue, built for launchpad coins.
1.2
Why a memecoin needs one
On a launchpad coin, every sell is a red candle the whole holder base sees, usually within seconds. Sell a few percent of supply into a thin pool and the chart drops, the bots pile in, and you end up selling into your own crash. Buying size has the same problem in reverse: you chase the price up on yourself.
Into the pool
Everyone sees it
A large sell lands as a red candle in seconds.
Through Dark Stonk
Chart unchanged
The same size fills wallet to wallet, under the chart.
Dark Stonk takes the trade off the chart. A buyer and a seller meet at a price they both agreed to, and the coin's trading pool is never touched.
1.3
How a trade happens here
- 1You seal an order. Coin, size and price go into an on-chain escrow. The price is stored only as a hash, so nobody can read it.
- 2It rests out of sight. It isn't on any chart or order book. Other traders can't see what you asked for.
- 3Someone crosses it. The matching engine pairs it with a buy or a sell that meets the price, all of it or a part.
- 4Both sides settle at once. The coin and the SOL change hands in a single transaction, wallet to wallet. Either both move or neither does.
- 5The fill is printed. The coin, the size and the price against spot appear on the site. The wallets never do.
1.4
Where it runs
- Solana
- Coins launched on StonkFun and pump.fun, including ones with a transfer tax. Paid in SOL.
- Robinhood Chain
- Every Pons coin that has reached a DEX. Paid in ETH, with an EVM wallet.
Trading works the same way on both. How they differ underneath is in Robinhood Chain.