How tokenization works
1
Buy a position
The user submits a signed intent and transfers capital into an on-chain escrow contract. AGG
purchases the requested position on the off-chain venue and mints the corresponding SPL tokens
to the user’s Solana wallet.
2
Sell a position
The user submits a signed sell intent. AGG burns the corresponding SPL tokens, sells the
off-chain position, and returns USDC based on the position’s execution value.
3
Redeem a winning position
When a winning contract resolves to $1, AGG funds a USDC redemption pool for the market. The
user burns the winning SPL tokens and redeems them for USDC at a 1:1 rate.
What builders get
- Self-custody for users. Users control the Solana wallet that holds their tokenized positions.
- Standard Solana assets. Positions are SPL tokens on Solana, fully collateralized by the corresponding off-chain venue positions.
- Battle-tested infrastructure. The tokenization API uses dFlow’s production-tested Solana contracts. Builders already using this infrastructure can adopt AGG’s APIs with minimal additional integration work.
- Flexible deployment. Use the system through AGG’s unified APIs to access liquidity across seven venues, or integrate the tokenization layer as a standalone product.
Supported venues
Tokenized off-chain markets are launching with ProphetX. Additional venues will follow. To discuss venue support or an integration, contact builderprogram@agg.market.Compliance
Users must complete KYC through Veriff before trading tokenized off-chain markets. AGG provides the KYC flow through ready-made components or an API integration, and records the resulting attestation on Solana. Veriff charges $0.80 per verification.Funding models
Choose the operating model that fits your integration:- Bring your own venue credentials and capital. Each integration requires capital at the destination venue to execute trades through its API, plus on-chain capital to mint the corresponding SPL tokens on Solana.
- Use AGG-managed venue credentials and capital. Build on AGG’s existing venue integrations, in-venue balances, and on-chain capital to launch in minutes.
Builder grants
Solana is supporting a builder grants program for new dApps built with AGG and ProphetX. To apply, email builderprogram@agg.market with information about what you are building.Next steps
Setup Guide
Install the packages and configure AGG for your application.
Packages
Choose between the SDK, hooks, UI components, and authentication package.