> For the complete documentation index, see [llms.txt](https://docs.loopad.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.loopad.fun/product/stock-pairs.md).

# Stock Pairs

Loopad tokens don't have to trade against ETH. A launch can be paired with:

| Quote                                 | What it is                                                                                     |
| ------------------------------------- | ---------------------------------------------------------------------------------------------- |
| **ETH**                               | The default — deepest liquidity on the chain.                                                  |
| **USDG**                              | Global Dollar — the chain's native dollar stablecoin. Price targets in USD stay exact forever. |
| **NVDA / AAPL / GOOGL / TSLA / AMZN** | Tokenized stocks live on Robinhood Chain.                                                      |

## What pairing means

The pair is your token's *unit of account*. An AAPL-paired token is priced in Apple shares: its chart, liquidity and fees all denominate in AAPL. Holders effectively hold exposure quoted against the stock — a meme that literally trades against Apple.

* Buyback pots for stock-paired tokens accrue **in the stock** and buy the token back with it.
* Creator LP fees pay out **in the stock** (60%) alongside the token.

## Buying into stock-paired launches

You always pay in **ETH** — the launch transaction routes it through the public pools (ETH → USDG → stock) and into your token's pool automatically. The 5% first-buy cap applies identically whatever the route.

On token pages, buys and sells for stock-paired tokens use the stock itself as the trading asset; the UI handles approvals.

## Starting price

Whatever the quote, launches anchor at **\~$4,000 initial market cap** — the launch price is derived from the quote's live on-chain price at configuration time.


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