Disclosures

Nobid is not a broker, dealer, exchange or adviser

Nobid is not registered, licensed or authorised in any jurisdiction as a broker-dealer, an investment adviser, an exchange, an alternative trading system, a multilateral trading facility, a money transmitter or a custodian. It is supervised by no regulator. No page here describes an application for any of those, and no legal entity is named anywhere on this site, because there is none to name accurately yet.

The desk is not open

The book is published. The desk is not open: Nobid is not quoting, holding client assets, or accepting orders. Nothing on this site is an offer, a solicitation, or investment advice.

No client assets are held, and the design holds none either: settlement would be on-chain, same transaction, principal to principal, with ETH out. There is no account to fund, no balance to carry and no order to place. Anyone offering to take your assets in the name of this site is not this site.

Every figure is a snapshot at one block

The survey behind this site was taken at block 55,223,440 on Robinhood Chain on 6 September 2026: 240,350 live curves, 125,256 of them quoted in ether, and 115,094 — 47.89% — not. Curves launch, drain and graduate continuously, so those counts were already drifting as they were written down. Nothing here is live. The reference of 2459.19 USD per ether is stated at full precision so every dollar figure here can be re-derived, not because Nobid runs a price feed.

The per-asset census is unfinished and the site says so rather than filling the gap. Of the 115,094 stranded curves, 1 quote asset has been confirmed by direct call — AMC Entertainment · Robinhood Token — and the run that names the rest is scheduled for 2026-09-14. Any breakdown by ticker attributed to Nobid before then did not come from Nobid.

The reference price on the desk page is yours

Nobid operates no price feed and no oracle. The desk page takes a reference you type in and applies published arithmetic to it. What comes back is the output of your own input: not a market price, not a valuation, not an indication of where anything trades, and not a bid anyone is making. For these assets a reference is strained in a way worth naming — the curve trades 168 hours a week and the equity it prices against trades 32.5, so for 80.65% of the week the reference is a price nobody can transact at.

Tokenised equity exposure is not equity ownership

What this site measures is narrow, and worth stating exactly: 115,094 live curves are denominated in tokens carrying equity tickers, and those tokens hold no pair against WETH or USDG on the canonical Pons factory at that block. That is the whole claim.

This site makes no assertion about what those tokens legally represent, what rights if any they carry, who issues or redeems them, whether they track the security whose name they bear, or what becomes of them in a corporate action. None of that is readable from chain state, and a site that will not invent a market capitalisation should not invent a legal characterisation either.

The deepest curve on the chain reports a reserve of 1,625 and prices in AMC. Read as ether, which is how the screeners on this chain read it, that reserve prints as $3,996,184. It is 1,625 AMC. Treat every derived figure on this chain — including any published here — as wrong until you have checked which asset it is denominated in.

If the desk opens, it is on the other side of you

A dealing desk quoting as principal buys what its counterparty sells, and it profits from the difference between what it pays and what the position turns out to be worth. Its interests and the seller’s are opposed by construction. That is not a conflict to be disclosed and then managed away with a policy; it is what a principal is, and publishing a schedule does not soften it.

What publishing does change is that the size of the wedge is visible before a trade instead of after it. A stranded position in the standard size band, quoted out of hours on a curve early enough to carry no curve term, is 682 basis points all in: 420 for holding an asset with no venue, 202 for the overnight gap, 35 for size, and 25 of desk fee. Every one of those is a cost to the seller, whatever it is called on the desk’s side of the ledger. Argue with each, and take a better price wherever one exists — for an ether-quoted asset one does, which is why the schedule declines those trades and says so.

A stranded position may be worth nothing

Nothing here suggests that any position has a value, that an exit will appear, or that a bid will ever be made for it. Below a ticket of $250 settlement gas is a material share of the trade; above $250,000 there is no schedule at all. Everything this site says about a desk that might open is a plan and not a commitment: no date is given, no funding is described, and no entity stands behind it.