THE BOND DESK
SGOV 0–3M Treasury ETF QUOTE ASSET1B fixed token supplyLiquidity locked at graduationBuilt for a new kind of market
PREVIEW
A LITTLE CONTEXT GOES A LONG WAY

An idea. A pair. A market.

A straightforward way to launch community tokens with a Treasury ETF quote asset.

01

Give your idea a name

Choose your name, ticker, image and story. Your token has a fixed supply of one billion.

02

Make the SGOV connection

Your token trades on a bonding curve denominated in SGOV. Buys move up the curve; sells move down.

03

Graduate with your community

When the curve reaches its threshold, liquidity moves into a Uniswap v4 pool, where it remains locked.

The details worth knowing

What does “paired with bonds” actually mean?

Markets use the canonical Robinhood SGOV token as their quote asset. SGOV offers economic exposure to a short-term Treasury ETF. A community token paired with SGOV does not become a Treasury bond, a guaranteed investment, or a claim to the pool’s reserves.

Which parts of USBM are live?

Everything. Markets are read directly from the USBM launchpad contract on Robinhood Chain, including ones still on the bonding curve. You can launch, buy and sell on the curve, collect graduated pool fees and claim creator fees from this site. USD values use SGOV’s DEX Screener price; holder counts and 24h volume are not shown yet.

What fees should I expect?

A small ETH launch fee (shown before you sign), a 1% protocol fee on every curve trade, plus the creator fee chosen at launch (up to 1%). After graduation the Uniswap v4 pool charges 1%, split evenly between the creator and the protocol. Keep ETH for gas.

Do I earn the Treasury ETF’s yield?

Simply holding a launched token does not entitle you to Treasury interest. Any economics of the SGOV token itself are defined by its issuer. This interface makes no yield or return promise.

Who can use SGOV?

Robinhood Stock Tokens have jurisdiction and eligibility restrictions, including restrictions on US persons. Review the issuer’s current documentation and applicable terms before using the asset.

Can a creator change the pair or withdraw liquidity?

No. The pair is fixed at launch. At graduation, the raised SGOV and remaining tokens go into a Uniswap v4 position owned by the USBM graduator contract, which has no function to remove liquidity. Unused tokens are burned. The admin can pause new launches but cannot pause trading or move reserves.

Contracts

USBM runs on these contracts on Robinhood Chain (chain ID 4663). Always check addresses before signing.

Launchpad
0x908f57E632D3dd0CE2957f1e4f35CA1417185f34
Graduator (Uniswap v4 hook)
0x3a5bECE316B3380dfdba13cc9D0800E34fDD6000
Fee escrow
0x8c90aF65431474e09a68229B30c36ED239903A13
SGOV (quote asset)
0x92FD66527192E3e61d4DDd13322Aa222DE86F9B5