TerminalPad
Connect wallet

What is TerminalPad?

TerminalPad is a memecoin launchpad on NEAR, where every coin ends up backed by a leveraged position on a real stock, index or commodity — Nvidia, Tesla, the S&P 500, gold — and nobody, not even us, can ever pull the liquidity.

You launch a coin with one wallet prompt. It trades straight away in a Rhea Finance pool against USDC. Once it has traded enough, it bonds: its liquidity is re-paired to a tracker of the stock you picked, at up to 5×. From then on your coin's floor moves with the stock.

Not live yet. The NEAR contracts are written and tested (unit tests, and sandbox tests against the real Rhea DCL code) but nothing is deployed, on testnet or mainnet. Account ids will be listed in Architecture once they are set at deployment; until then, treat any account presented as TerminalPad's as unverified.

For creators

  • A small, fixed launch cost. You attach 0.35 NEAR — it pays for your coin's account, its two pools and their storage on NEAR — and make a $1 minimum opening buy of your own coin, in USDC. The coins that buy gets you are yours. That is the whole cost.
  • Everything in USDC. You pay in USDC and you are paid in USDC — Circle's native USDC on NEAR, not the older bridged USDC.e. The one other thing a wallet needs is a little NEAR, for gas and for token storage.
  • 0.56% of every trade, forever. Every swap pays the pool's 1% fee. Rhea keeps 20% of it; of the 80% the position earns, 70% is yours. Claim it whenever you like. It never expires.
  • You pick the stock and the multiple. Long or short, 1× to 5× on every market listed today.

For traders

  • One honest pool. The whole supply — 1,000,000,000 coins — sits in a single position in one Rhea DCL pool quoted in USDC. The price you see is the price you can exit at.
  • No tax. Zero on buys, zero on sells. The only cost is the pool's 1% fee, and it is in the quote before you sign.
  • Tradable by anything, straight away. Anything that can swap on Rhea DCL — the coin page, bots, aggregators, wallets — reaches the coin in one hop from USDC.
  • A rug is impossible by code. The contract holding the liquidity has no function that withdraws it. Not "locked for a year" — the code that could withdraw does not exist, and the account holding it is left with no key that could replace that code. What that still asks you to trust is in Locked liquidity.

The twist

Once a coin's own trading has put $15,000 of USDC into its pool, anyone can bond it. That USDC mints a leveraged tracker of the stock — NVDAx5, say — and the coin is re-paired to it at the same dollar price. Your tokens do not move. What changes is what stands behind them: once the tracker itself is live on the venue, when Nvidia moves 1%, the coin's backing moves about 5%, even on a day nobody trades the coin.

The position behind a tracker is held on Hyperliquid, on trade.xyz's stock and commodity market (xyz), in an account that only a TerminalPad contract can sign for, through NEAR's Chain Signatures. The dollars cross between NEAR and Hyperliquid in one hop each way through NEAR Intents. How that works, and what it asks you to trust, is spelled out in The hedge book.

How it goes

  1. LAUNCH                 2. TRADE                    3. BOND
  one wallet prompt,        one USDC pool,              $15,000 of backing reached:
  $1 opening buy,           no tax, any bot,            liquidity re-paired to NVDAx5,
  liquidity locked forever  0.56% of every swap to you  floor now moves with the stock

What you can pair with

Long or short, at the multiple you choose, up to 5× — 32 markets, all listed on Hyperliquid's xyz market (read from its market list on 2026-09-25):

  • Stocks — NVDA, AAPL, SPCX (SpaceX), TSLA, GOOGL, META, AMZN, MSFT, AMD, MRVL, INTC, MU, SNDK, DELL, ORCL, SKHY (SK Hynix), MSTR (Strategy), CRCL (Circle), NBIS (Nebius), ZHIPU (Zhipu AI), COIN (Coinbase), HOOD (Robinhood), PLTR (Palantir), CRWV (CoreWeave), CBRS (Cerebras)
  • Indices — SPY (S&P 500), QQQ (Nasdaq 100), EWY (South Korea)
  • Metals & commodities — XAU (gold), XAG (silver), WTI crude, Brent crude

Hyperliquid never closes, so every one of them keeps a price at any hour, weekends included — see Leveraged trackers for what that price is when the underlying's own market is shut.

Where next