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NewsOct 12, 2026 · 4 min read

Collector Crypt passed $1 billion. The cards are already on-chain.

Graded cards trade as tokens on Solana around the clock. Kadex reads that market, and a vaulted card turns into fractions.

A trading card vending machine at Montreal Central Station
Photo: One of Many Tims, CC BY 4.0, via Wikimedia Commons. Cropped.

Card packs now come out of vending machines in train stations, like the one above in Montreal. The on-chain version runs at any hour. Collector Crypt keeps professionally graded cards in insured vaults and issues one token per card on Solana. The token can be traded at any time and redeemed for the physical card.

About eighteen months after launching its pack product in December 2024, the platform passed $1 billion in total volume, with more than 50,000 cards redeemed. In June 2026 it set a weekly record of 215,000 packs opened.

$1B+Total volume on Collector Crypt
50,000+Cards redeemed for the physical card
215,000Packs opened in one week, June 2026

What Kadex does with those cards

Kadex reads Collector Crypt's marketplace directly. The Vault page lists real tokenized cards with their grade, certification number and appraisal, and every card has its own page.

The index basket comes from the same place. It is ten cards chosen from live Collector Crypt listings: graded by PSA, Beckett or CGC, appraised between $1,000 and $6,000, with no card above 15% of the index.

From a slab to fractions

Vault a graded card and you receive fractions worth its appraised value. The card sits in an on-chain escrow. When you hold all of its fractions again, you can redeem the original card. On devnet you can try this with test copies of cards from the basket.

Kadex is not affiliated with or endorsed by Collector Crypt, grading companies or card publishers. Card images belong to their owners.

Sources

Collector Crypt Chronicles: Collector Crypt surpasses $1 billion in volumeSolana Compass: Collector Crypt sets weekly pack record with 215K opens
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Quick answers

How can we help?

The essentials about Trade, Earn and Vault.

What am I trading?

One index tracking a fixed basket of graded cards. A long or short position follows the index price; it does not give you ownership of an individual card.

How is the index priced?

Card fractions trade in an on-chain pool. Their price is smoothed over a 30-minute window, then limited by a time-scaled clamp. External card sales are a safety check, not the price source.

What is the risk of a trade?

Perpetual positions use margin. A move against your position can liquidate it and you can lose all of that margin. Check the liquidation price in the ticket before opening.

How does Earn work?

You can deposit kdUSD or eligible card fractions for CLP pool shares. The pool collects fees, takes the other side of trades, and its value can rise or fall with trader results.

What happens when I vault a card?

An eligible graded card is held in the vault and you receive fractions. To redeem the card, you must hold and return the full fraction supply.

Is this using real money?

This screen reads the configured Solana cluster. Check the network and token shown in your wallet before signing a transaction.