Introduction

Paboxo lets you borrow against Stock Tokens without selling them, and lets lenders earn yield on the stablecoin the borrowing is denominated in.

If you hold NVDA as a Stock Token and want cash without closing the position, you deposit it as collateral and borrow USDG against it. If you hold USDG and want yield, you deposit it into the Earn vault, which lends it to the markets and earns what borrowers pay. Nothing here is custodial: the contracts hold the assets, and the rules below are the only things that move them.

What makes this different from lending against ETH

A Stock Token tracks an instrument that stops trading. Equity markets close overnight, at weekends, and on holidays, and the price feed stops with them. A lending market built for assets that trade 24/7 gets this wrong in an expensive way — it either treats a stale weekend price as live, or it treats a closed market as an oracle failure and freezes everything.

Paboxo treats a closed market as a distinct, expected state. While the market is closed the last price stands, borrowing and liquidations pause, and repaying, adding collateral and Earn vault withdrawals stay open. Withdrawing collateral pauses only if the position has debt. You are never trapped in a position because the exchange happens to be shut, and nobody is liquidated on a price that has not been able to move.

That single decision shapes most of what follows: market hours, oracles, and the liquidation rules.

What you can do

Where it runs

Robinhood Chain mainnet (chainId 4663), an Arbitrum Nitro chain.

Mainnet was deployed on 12 October 2026 (block 86793701): three markets, one Earn vault, and price-freshness windows of 26 hours in session and 97 hours hard. SPCX/USDG and TSLA/USDG were added on 22 October 2026, MSFT/USDG and AAPL/USDG on 27 October 2026, and QQQ/USDG, GOOGL/USDG and AMD/USDG on 13 November 2026, making ten markets: NVDA, SPY, WETH, SPCX, TSLA, MSFT, AAPL, QQQ, GOOGL and AMD, each borrowing USDG. Two LP markets, NVDA/USDG LP and SPY/USDG LP, were deployed on 4 November 2026 (block 105975390). They take a Uniswap liquidity position as collateral, also borrowing USDG.

Every address, parameter and number in these docs that describes the live deployment says when it was read. The current values are on the parameters page.