The same share trades as five different tokens from five different issuers, each at its own price. Pepticon bonds them into one normalised position, and shows you the gap before you pay it.
The problem
A tokenized share is not one asset. Robinhood, xStocks, Ondo, Binance and Coinbase each issue their own token for it, on their own terms, at their own price. Most of the raw gap between them is not opportunity — it is unit multipliers and stale quotes.
The same underlying share exists as several distinct tokens. They are not interchangeable, and they do not share a price.
Issuers apply their own unit ratios. Comparing raw prices without dividing them out tells you nothing.
Without one reference price, there is no way to say which issuer is cheap and which is simply quoted differently.
The method
A peptide bond joins separate units into a single chain. Pepticon does the same to a fragmented market, in four steps that are all arithmetic on public data.
Take the quoted price from every issuer of the same underlying share, each with its source and its timestamp.
Apply each issuer's own unit ratio, read from that issuer's own source, so every row describes one share.
Express every normalised row in basis points from a single reference price, so the rows become comparable.
The rows become one position with one blended entry, and the spread you accepted is recorded rather than hidden.
A row Pepticon cannot read shows no number. It is marked unread rather than filled with a guess.
Each row displays where its price came from and how old it is. A quote without provenance is not a quote.
Spread tool
Enter a reference price and the quotes you see at each issuer. Pepticon divides out the multiplier and shows you the real distance in basis points. Nothing leaves your browser, and no figure here comes from us.
| Issuer | Quoted price | Multiplier | Per share | Distance |
|---|
Read this before acting on it. These are the numbers you typed, normalised by the ratios you typed. They are not quotes, not advice, and not a claim that any issuer is trading at these levels. Leave a field empty and the row stays unread rather than guessed.
Exposure
Pepticon is being built on a public chain. Rather than claim privacy it cannot deliver, it states plainly which parts of your activity anyone can read.
The token
$PEPTI is a fair launch on pons.family, on Robinhood Chain. It funds the build: the bonding engine, the issuer adapters, the audit and the infrastructure. It carries no yield, no share of fees and no claim on any issuer or any tokenized share.
The contract address will only ever appear on this page and from the official account. Anywhere else is a fake.
FAQ
The spread tool on this page. It runs entirely in your browser, makes no network call, and normalises the quotes you enter against the reference you choose. The bonding engine, the issuer adapters and the execution rail are in development and are not live.
No. Each issuer's token is a separate instrument with its own terms. Pepticon measures them against one reference so they can be compared; it does not make them fungible.
No. There is no custody, no deposit and no account. The tool is arithmetic in your browser.
Development of the bonding engine and the issuer adapters, a security audit before anything touches funds, and infrastructure. Progress is posted from the official account.
Not yet. Nothing that handles funds exists yet either. An audit is part of what the raise funds, and it will be published here when it is done.
No. Pepticon has nothing to do with medicine, pharmaceuticals or supplements, and sells no physical product. The name refers to the structure: a peptide is a chain of bonded units, and so is this.