What changed
At the 2026-09-03 Stockify observation, the active index held NVDAc, AAPLc, GOOGLc and METAc at 25% each, with 317 settled cycles, $69,736.08 and 211.1 shares distributed, and 328 eligible holders. The current index adds SPCXc and sets all five assets to 20%. Cumulative distributions increased by $13,354.66 to $83,090.74, or about 19.2%; settled cycles rose by 71 to 388, or about 22.4%; and eligible holders increased by 47 to 375, or about 14.3%. The desk shows 6.63 SPCXc shares, worth about $981, distributed cumulatively.
Why it matters
The use of tokenized stocks as protocol-revenue settlement assets is progressing beyond a one-off design into an actively changing basket with continued distributions. Adding SPCXc extends Stockify's fee-to-equity loop from four listed-equity-linked B20 assets to a five-asset basket that also includes SpaceX-linked exposure. The funding source remains STFY trading flow rather than dividends on the underlying equities or lending yield.
Evidence
- Stockify distribution desk — The active index lists NVDAc, AAPLc, GOOGLc, METAc and SPCXc at 20% each. The desk displays 388 settled cycles, $83,090.74 and 253.07 shares distributed in total, 375 eligible holders, and cumulative SPCXc distributions of 6.63 shares worth about $981.
- Stockify official site — The site states 'Thirteen listed. Five in the index' and shows NVIDIA, Apple, Alphabet, Meta Platforms and SpaceX at 20% each. It describes a 3% hook fee with 90% allocated to stock acquisition and a 1% LP fee for v4 liquidity providers.
- Stockify protocol documentation — The technical reference describes an ETH/STFY Uniswap v4 market whose 3% native-ETH hook fee is sent to DividendVault, with 90% deployed into B20 stock purchases and 10% accounted for as protocol revenue. It explicitly states that the code is unaudited.
- SIGNA ET STRUCTURA — prior Stockify observation — The prior public observation recorded an active index weighted 25% each to NVDAc, AAPLc, GOOGLc and METAc, 317 settled cycles, $69,736.08 distributed, and 328 eligible holders.
Limitations
Stockify is not a conventional yield vault, and its distribution desk explicitly says there is no yield counter. It does not publish a comparable vault APY or TVL, so cumulative distributions are not annualized here. Distributions depend on STFY trading volume, and ownership can change index constituents and weights between cycles. The eligibility threshold is currently 100,000 STFY; the owner can set it between 10,000 and 100,000 STFY and can exclude selected addresses from rewards. The official documentation states that the code is unaudited. B20 assets also carry issuer/custody, transfer-policy and jurisdictional-eligibility constraints. Public status labels remain inconsistent: the site shows live deployment and distribution history while its footer still says 'Pre-launch. No STFY market is live.'
Disclosure
This is a public-market observation and does not constitute investment advice.