Documentation

Docs.

Subscribe, redeem and verify the reserve behind $BYTODE — the SDK, the token mechanics and the read APIs.

Quick start

Connect a wallet on Robinhood Chain (chainId 4663, gas paid in ETH), deposit USDC, and the transfer agent issues $BYTODE at the live NAV. The whole flow is a few calls through the SDK:

npm i @bytode-protocol/sdk

import { Bytode } from "@bytode-protocol/sdk";

const fund  = await Bytode.connect(signer);      // Robinhood Chain · chainId 4663
const quote = await fund.quoteSubscribe({ usdc: 25_000 });
const tx    = await fund.subscribe(quote);           // → $BYTODE issued at live NAV

// redeem any time — burns the token, returns USDC (T+0)
await fund.redeem({ tokens: tx.received });

The token & NAV

$BYTODE is a standard ERC-20 token on Robinhood Chain. It is fully reserved — one token is a pro-rata claim on a basket of 0–3 month U.S. Treasury bills, overnight reverse-repo and a USDC settlement buffer.

Rather than pay a coupon, the token rebases: as the underlying bills accrue toward par, NAV rises so one BYTODE is worth progressively more than one dollar. Current flagship yield is 4.52% net APY after a disclosed 0.15% management fee, against a weighted-average maturity of 21 days. Read the live NAV any time with fund.nav().

REST API

Read endpoints are served from your resolved API base. Every response for reserve data is the same record hashed into the on-chain attestation, so you can reconcile independently.

GEThttps://api.…/v1/nav

Live net asset value and daily rebase factor for the flagship token.

GEThttps://api.…/v1/holdings

CUSIP-level reserve breakdown, weighted-average maturity and the maturity ladder.

GEThttps://api.…/v1/attestations

The proof-of-reserve log — each signed attestation with its on-chain hash.

POSThttps://api.…/v1/subscribe

Quote and submit a USDC subscription for a whitelisted wallet.

POSThttps://api.…/v1/redeem

Burn tokens back to USDC at NAV with T+0 settlement.

Eligibility & KYC

Subscriptions are offered under Reg D 506(c) and Reg S to eligible non-U.S. persons and qualified purchasers. A wallet must pass KYC and eligibility checks before it is whitelisted to subscribe. Bytode is not available to U.S. persons. Redemption to USDC is unrestricted for an already-whitelisted holder.

Risk & disclosures