> For the complete documentation index, see [llms.txt](https://switch-protocol-1.gitbook.io/switch-protocol-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://switch-protocol-1.gitbook.io/switch-protocol-docs/readme.md).

# Introduction

An autonomous protocol that converts trading fees into the market's strongest tokenized equity and settles it directly into holder balances — once an hour, with

An autonomous protocol that converts trading fees into the market's strongest tokenized equity and settles it directly into holder balances — once an hour, with no claim, no custodian, and no privileged key.

{% hint style="info" %}
**Status**

Switch is pre-launch. This document specifies the protocol in full; figures in §6 are illustrative arithmetic, not forecasts.
{% endhint %}

|             |                        |
| ----------- | ---------------------- |
| **Chain**   | Robinhood Chain (4663) |
| **Ticker**  | $SWTCH                 |
| **Supply**  | 1,000,000,000, fixed   |
| **Version** | 1.0                    |


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