01 · Fund
Bring USDT to Kaia.
Use any exchange or bridge route that works for you. Keep the USDT in your own wallet.
Trade theimbalance.
Rondo lets arbitrageurs compare funded JPYC, IDRX, and IDRP orders against USDT, choose the exact size, and settle atomically on Kaia.
You deliver10,000.00
USDTYou receive1,594,320
JPYCYour quoted edge+2.20%
Above reference output+34,320 JPYC
- Reference output
- 1,560,000 JPYC
- Reference rate
- ¥156.00
Preview figures are illustrative. Live terms are fixed by the selected order and fill size.
Trusted by
Rondo connects above-market stablecoin liquidity with traders who capture the spread.
Makers fund the better rate. Traders choose the size. Rondo settles both sides atomically on Kaia.
JPYC
USDT
01 · Place intentFavorable edge funded
Fund. Choose.
Settle.
Bring USDT to Kaia, choose a funded order, and settle in one on-chain transaction. Route details stay in the funding guide.
02 · Choose
Pick a funded order.
Choose the JPYC, IDRX, or IDRP market, compare the quoted edge, and review the exact output before signing.
03 · Settle
Receive the quoted asset.
Both legs settle atomically on Kaia. The funded order gives you a +1–3% gross edge versus the reference price.
Most prepared rebalancing sessions complete within about 30 minutes.
This assumes exchange accounts, approved withdrawal addresses, balances, and wallet setup are already prepared. Exchange reviews and network congestion can extend completion time.
See what your capital could earn.
Compare JPYC-, IDRX-, IDRP-, and USDT-denominated scenarios. The percentage math stays the same while capital and outputs use the selected currency.
Simple annualized after route cost
234.0%3× / week × (2.0% reward − 0.5% route cost) × 52 weeks
- Gross reward per fill
- ¥40,000
- Annual gross reward
- ¥6,240,000
- Annual estimated route cost
- ¥1,560,000
- Annual net scenario
- ¥4,680,000
Scenario figures are denominated in JPYC and provided for comparison only. Assumes the selected number of fills completes every week for 52 weeks and does not compound returns. Opportunity availability is not guaranteed. Taxes, price movement, withdrawal fees, slippage, and opportunity cost are not fully included.
Keep both sides of your pool tradable.
When flow repeatedly drains one side of a market, Rondo turns prefunded inventory into executable rebalancing opportunities with explicit pricing and fill limits.
Discuss a maker programFrequently asked
questions.
The pilot uses participant-owned capital, accounts, and wallets. Review the operating, risk, and record-keeping terms before taking an opportunity.
01How does it work?
This Pilot is not a deposit or yield product. Invited participants use their own funds, accounts in their own name, and self-managed wallets to independently execute USDT against JPYC, IDRX, or IDRP inventory rebalancing.
02What confirmations are required before participating?
We verify the invitation, basic personal information, residency in Japan, and a signature from the participant's wallet. Bank statements or proof of funds are not required uniformly, but additional verification may be requested based on transaction size, transaction patterns, or a service provider's request.
03Do I hand over my account or authentication information?
No. The program runs on the participant's device, and API keys and authentication information are not sent outside the device. The participant completes withdrawal approvals, OTP, SMS or email verification, and wallet signatures. Operators do not receive passwords, cookies, or private keys.
04Are profits guaranteed?
No. A bounty is fixed when an opportunity is claimed, but opportunity availability, completed fills, route costs, exchange-rate or price movements, and after-tax profit are not guaranteed. Participation is first-come, first-served until each epoch's capacity is filled.
05Will taxes be incurred?
Profits from bounties and the sale or exchange of crypto assets or electronic payment instruments may be taxable depending on individual circumstances. JPYC Rebalance provides a CSV covering transactions, external reference prices, bounties, fees, and transaction hashes. It supports record organization; it is not a tax calculation or filing service. Consult a qualified tax professional for final classification and filing.
06Can I stop participating midway through?
Yes. Participation does not continue unless you claim a new opportunity. Any active claim remains subject to the deadline, settlement, and cancellation conditions shown when it was claimed.
07Which exchange or funding route should I use?
Use a local exchange account in your own name and choose the shortest route it supports. The most common route is ETH withdrawal to Ethereum, an ETH-to-USDT swap, and a bridge to Kaia. If the exchange lists KAIA and supports Kaia withdrawals, send KAIA directly and swap it to USDT on SwapScanner. Binance can also withdraw USDT directly on the Kaia network where available.
08How long does it usually take, and what are the risks?
With account verification, withdrawal destinations, and balances prepared, a direct route may complete within 30 minutes. Exchange reviews, Ethereum congestion, bridge delays, and unavailable withdrawal networks can extend that time. Fees, spreads, slippage, and transfer-asset price movement can reduce or eliminate the quoted edge.
Compare the live edge before you trade.
Open the JPYC, IDRX, or IDRP market against USDT and compare both sides before committing capital.