Fee-claim token
CLAY
CLAY is minted only from realised trading losses. No pre-mint, no team or investor allocation, no airdrop. Staked CLAY earns a share of every settled trade.
CLAY CAComing soon
Circulating supply—Every token minted by a loss
Staked—
Staking APR—Trailing 7 days, paid in USDC
Mint rate10 / $1Per dollar of realised loss
Where staking rewards come from
- 11% of settled PnL. Every closed trade, winning or losing, sends 1% of its realised PnL to stakers while the debt queue is empty.
- 2Kiln overflow. Above the $5M staker cap, all further Kiln growth is distributed to staked CLAY.
CLAY is not transferable at launch: it can be staked and unstaked. Read the token docs.
- Your CLAY
- —
- Staked
- —
CLAY reaches your account when a losing trade settles.