the coin
$DESKX pays for the desks, and the desks buy it back. That is the whole arrangement.
the coin, in two figures
as of --:--:--- fees in
- 0.0000SOL
- bought back
- 0.0000SOL
capital in
The coin is a pump.fun launch, so trading it pays creator fees to the wallet that launched it. The worker claims those fees and books them as money in, never as profit. They are what the desks have to trade with.
The pass prints that figure as fees in. It only ever goes up, and it is counted apart from anything the desks earned or lost.
buyback and burn
When a position closes up, half of what it realised is owed to the coin. The treasury lane adds that up, buys $DESKX with it on the open market, and burns what it bought. The share is set by the worker, and half is the setting it ships with.
Small amounts wait. A burn only goes out once at least a twentieth of a SOL is owed, so the fund is not paying network fees to burn dust. The pass prints the running total as burned.
every order linked
There is no deposit, no share and nothing to subscribe to. The desks trade one wallet, their own, and the book is public because the coin is the only thing anyone can hold.
Every order in the book links to its transaction. In paper mode no swap is sent and the row says paper instead, which is the honest label for a fill booked at the mark.