Broker FinanceBroker.DocsLaunch app

Introduction

Broker Finance lets you hold real-world and cross-chain assets as broAssets on Sui. You pay USDC; a broker sources the real underlying, custodies it 1:1, and mints you a Sui coin that tracks it. Your order is protected on-chain by a minimum output and an expiry, so a fill can never be worse than you agreed.

Broker Finance architectureYou pay USDC on Sui; the broker mints a broAsset to you and hedges by buying the real underlying on its native chain, held in custody that backs the broAsset 1:1.SUI · customer sideNative chain · hedge & custodyYoupay USDCBroker on Suiescrow · fill · mintbroAssetminted to your walletHedgebuy the real underlyingCustodyholds the underlyingbacked 1:1supply = custody
The customer side (order, mint) settles on Sui; the hedge and custody settle on the underlying’s native chain. Every mint is matched by a real purchase held 1:1 in custody.

What you can trade

Every market is a broAsset: a Sui coin backed 1:1 by the real underlying the broker holds in custody. The mainnet launch set is a Solana major and three tokenized equities:

  • broSOL — Solana, 24/7.
  • broTSLAx, broNVDAx, broSPYx — Tesla, NVIDIA and the S&P 500, tracking Backed’s xStocks and best traded during US market hours.

How it fits together

  • You place a buy or sell on Sui, locking funds in an on-chain escrow and setting the worst price you will accept plus an expiry.
  • The broker fills the order, mints or burns the matching broAsset, and immediately hedges — buying (or selling) the real underlying on its native chain so its net exposure stays ~0 and every broAsset stays fully backed.
  • The chain enforces your min-out and expiry: a fill can never pay less than you signed for, and unfilled funds are always reclaimable.

Where prices come from

Quotes are not a single oracle — the engine reads executable prices from multiple Solana DEX aggregators (Jupiter, Raydium, OpenOcean) two-way at size and quotes you the consensus mid plus a spread. That is the same price the broker can actually fill its hedge at, so the spread reflects real hedging cost rather than a reference number.

Trust model

A single broker handles pricing and sourcing; the escrow is trustless. You are protected by min-out and expiry; the broker is protected by a short grace period against place-and-cancel griefing. Reserves sit at a public custody address, so anyone can check that custody covers supply — see Proof of reserve.

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broAssets are offshore-issued exposure for non-US persons and are not investment advice.