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Cash now, or income later.
Sell a dividend coupon into its onchain pool and get paid today, or trade the share on its own: base units without the dividends, priced below the stock.
ddMETAx
Meta · devnet pool
PoolFair$1.697
Sell dMETAx
dMETAx
You receive today
$0.00USDC
Average price
Price impactEnter an amount
Minimum received · 1.0% slippageEnter an amount
Pool fee0.30%
Slippage tolerance
Trades settle in the dMETAx/USDC constant product pool of the coupon_market program on devnet, paid in test USDC. The fair value on the right uses live mainnet data and set the pool's opening price.
ddMETAx
12 month dividend coupon on Meta
Pool depth · devnet
dMETAx reserve
USDC reserve
Depth
Fair value from mainnet data
METAx priceJupiter live$716.68
× Trailing 12m growth4 real bumps0.2368%
= Fair valueper coupon$1.6973
Pool priceonchain
The pool opened at the midpoint of an 8% seller discount and a 5% buyer discount to fair value. After that, only trades move the price.
Last 12 months of METAx bumps · mainnet
4 totalSep 19, 20261.002298 → 1.002852+0.055%
Jun 14, 20261.001649 → 1.002298+0.065%
Mar 14, 20261.001050 → 1.001649+0.060%
Dec 23, 20251.000482 → 1.001050+0.057%