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TRANSPARENCY / PRODUCT STATUS

All cards
on the table.

Rebate should be easy to understand. See what you can try today, how the economics are designed, and what needs to happen before a live launch.

Product version 02 · September 2026

01 / TODAY

An experience you can try.
Integrations still to come.

The current version simulates a complete trading journey. No blockchain transactions are sent, and no deposit is required.

Available in the preview

Market search, assets, order summaries, buying and selling with practice funds, portfolio, cashback balance, and trade history.

Available in the preview

A cashback calculator with fees and proposed membership prices. Compare tiers without signing up.

Available in the preview

MetaMask and Phantom EVM account connection, account and network change detection, and a Robinhood Chain switch request. Phantom cannot manually add custom networks.

Not connected

Live prices, trade execution, token contracts, and blockchain settlement.

Not connected

Deposits, real payouts, identity verification, and paid memberships.

02 / FOLLOW THE MONEY

The fee funds it.

The proposed Core model charges a 0.10% trading fee and returns 30% of that fee. The remainder must cover integrations, operations, and business margin. These rates are not guaranteed to be available at launch.

Trade amount$1,000.00
Fee$1.00
Your cashback$0.30

The Plus and Black membership concepts have proposed monthly prices. They may cost more than Core, even with higher cashback rates. The calculator shows net costs including membership.

Cashback reduces a cost. It is not an investment return and does not remove trading risk.

Costs outside the calculator

Spreads, network fees, any currency conversion, and taxes are excluded from these illustrative calculations. Before live trading, orders must show the total cost and the actual token amount to be received.

03 / THE UNDERLYING PRODUCT

Exposure is not ownership.

Robinhood Stock Tokens are tokenized debt instruments providing economic exposure to underlying securities. They are not direct shares in the underlying company and do not provide voting rights.

Rebate is an independent product concept. There is no documented partnership agreement with Robinhood. Names such as Apple and NVIDIA are illustrative asset examples and do not imply a partnership.

Supported assets and countries for a live version must be confirmed with relevant issuers and trading partners. Displaying an asset in this preview does not confirm live availability.

Read the Robinhood Stock Tokens overview

04 / YOUR SESSION

No account with real funds.

Practice trades, favorites, holdings, and cashback are temporarily stored in browser memory. Your selected wallet type is saved locally so an existing authorized connection can be restored. Your wallet address and keys are not stored by Rebate. Reloading or leaving the trading workspace resets your practice balance. You can download your practice trade history as a CSV beforehand.

Rebate does not ask for a seed phrase, private key, payment card, or identity documents in this version. There is no Rebate customer database. Access to the private website is handled by the hosting platform, separately from the practice account in the app.

05 / BEFORE REAL TRADING

The road to live.

01

Product experience

An interactive preview connecting trading, portfolio, and cashback.

AVAILABLE TO TRY
02

Wallet and market data

Wallet connection is implemented. Live assets, prices, and liquidity integrations still need verification.

IN PROGRESS
03

Trading and settlement

Integrate order execution, verified transactions, and funded cashback.

PENDING
04

Access and launch

Confirm the target market, identity checks, product terms, security, and operational readiness.

PENDING

No launch date has been set. The development roadmap is not a promise of availability, rates, or returns.

See the model in action.

Open the trading workspace