How it works, exactly
Every number on this page is read from the rule set the engine is using at this moment. When a rule changes, the change is published in the changelog first and applies from the next round.
On this page
Rent GPUs. Hold $ENVIDA. Get paid in Nvidia.
Trades and rentals
People trade $ENVIDA on pump.fun and rent GPUs on the marketplace. Both produce fees.
Fees
The coin's creator fees arrive in the engine wallet in SOL. Each rental carries a 15% margin on top of the provider's price.
Swap to NVDAx
Both are swapped to NVDAx, the tokenized Nvidia share, through public pools with a limit on price impact.
Holders and Reserve
NVDAx bought with creator fees is paid to holders every 60 minutes. NVDAx bought with rental margin builds the Reserve, which pays holders at milestones.
Nothing here depends on chance. Every payout is a wallet's share of a pot, worked out from its balance and how long it has held, and every round publishes the full calculation so that anyone can repeat it.
A round, every 60 minutes
Rounds fall on fixed boundaries of the clock, in UTC. The snapshot of balances is taken at the boundary and the steps below run in this order. If a step cannot be completed safely the round does not happen, and what was collected is paid in a later one.
- Transfers of $ENVIDA since the last round are applied, so every wallet's holding clock is current.
- Creator fees are claimed into the engine wallet, once at least 0.0005 SOL is waiting.
- Every holder's balance is checked against the chain. A sale that was missed counts from the moment it is noticed.
- The NVDAx token is checked. If the issuer has paused it, or a dividend adjustment is within 15 minutes, nothing is swapped or sent and the fees wait.
- The claimed fees are swapped to NVDAx.
- If the Reserve has reached a milestone, or an Earnings Week window is open, the Reserve's share is moved in.
- The engine wallet's NVDAx is compared with everything it owes. If it holds less, the engine stops and pays nothing.
- The round file is computed with every wallet, weight and amount, then hashed and stored.
- NVDAx is sent, with the file's hash in the memo of each transaction. A wallet that cannot receive it yet is credited instead.
Who is paid
- Minimum bag
- 100,000
- $ENVIDA held in one wallet
- Counted per wallet, at most
- 1%
- of supply, which is 10,000,000 $ENVIDA
- Round length
- 60 minutes
A wallet takes part in a round when it holds at least the minimum bag at the snapshot. Its weight is its balance, counted up to the cap, times its multiplier from the ladder. Its share of the pot is its weight divided by the weight of all eligible wallets. Holding more than the cap is allowed, but the part above it earns nothing.
These addresses never earn, whatever they hold:
- the pump.fun bonding curve and the liquidity pools of the coin,
- the engine wallet and the Reserve wallet,
- any account owned by a program rather than by a person's key,
- and any address an admin excludes, which would be listed in the changelog. None is excluded today.
The time-held ladder
- 1xAt start
- 2x1 hour
- 3x3 hours
- 7x6 hours
- 8x12 hours
- 10x1 day
The clock starts when a wallet first holds the minimum bag. The multiplier is 1x at the start, 2x after 1 hour, 3x after 3 hours, 7x after 6 hours, 8x after 12 hours and 10x after 1 day. It stays at 10x for as long as the wallet keeps holding.
Buying more never resets it. The larger balance simply counts from the next round, with the multiplier the wallet has already earned.
Selling or sending any amount resets it to 1x. The clock restarts at that moment if the wallet still holds the minimum bag, and stops if it does not. Moving tokens to another wallet of your own is a send: the sender starts again, and the receiving wallet has its own clock. NVDAx that was already credited to the wallet is not affected and stays owed.
A wallet that reaches 10x has held without selling for 1 day.
Receiving NVDAx
NVDAx can only be sent to a wallet that has an NVDAx token account. The engine looks for it at the wallet's standard associated address for the NVDAx mint.
If the account exists, the NVDAx is sent automatically in the same round. There is nothing to do.
If it does not, the amount is credited to the wallet and shown on its page as Unclaimed NVDAx. It keeps adding up round after round and does not expire. To collect it, open the account from the wallet page and press claim. The NVDAx arrives within about 60 seconds, or with the next round if one is about to start. After that every round pays the wallet automatically.
- Smallest payout sent
- 0.0002 NVDAx
- A smaller amount stays credited and is added to the next round.
- Claim delivery
- 60 seconds
- From a claim on the site to the transfer, approximately.
How fees are swapped
Fees arrive in SOL and are swapped to NVDAx through Jupiter, routed only through these public pools: Raydium CLMM, Whirlpool, Meteora DLMM and Manifest. Private market makers are left out because their quotes cannot be checked in advance, and the engine simulates every swap before it sends it.
- Price impact, at most
- 1%
- A swap that would move the price further is halved until it fits.
- Slippage allowed
- 1%
- Between the quote and the swap landing.
- Largest single swap
- 25 SOL
- More than that is split, up to 6 swaps a round.
- Smallest swap
- 0.005 SOL
- Less than that waits and is swapped with the next round's fees.
When the NVDAx market is thin, which is common at weekends and outside United States market hours, a swap may not fit inside the limit. The fees then stay in the engine wallet in SOL and are swapped in a later round when the market is deeper. They are not lost and are not paid in SOL. The status page says when this is happening.
The Nvidia Reserve
Every rental on the marketplace is priced at the provider's price plus a margin of 15%. Once a rented machine is running, its margin is swapped to NVDAx straight into the Reserve wallet, under the same price impact limit as holder swaps. Small margins are collected until they are worth at least $2 and then bought in one purchase. Each rental's page shows how much NVDAx it bought.
When the total the Reserve has bought reaches a milestone, 50% of what the Reserve holds at that moment is moved to the engine wallet and added to that round's pot. It is split between holders by the same weights as any other round. A milestone is counted in NVDAx as wallets display it, and each one pays once.
- 10 NVDAx
- 50 NVDAx
- 100 NVDAx
- 250 NVDAx
- 1,000 NVDAx
The milestones and portions can be changed by an admin. Every change is public in the changelog before it applies. The Reserve's purchases, balance and history are on the Reserve page.
Earnings Week
Earnings Week is a window of time, scheduled in advance around the date Nvidia reports its results. While the window is open, the Reserve matches the NVDAx that creator fees bought for each round, one for one, so holders receive double.
It is based on the clock and nothing else. The engine does not read the results, the share price or any other outcome, and nothing is decided by them. The match stops when the window closes, or earlier if it has used its budget of 25% of what the Reserve held when the window's first match was made. A window can be at most 14 days long.
No window is scheduled at the moment. When one is, its start and end are published in the changelog before it opens.
Renting a GPU
The marketplace lists GPUs that are in stock right now at RunPod, in RunPod's own datacentres (its Secure Cloud). The prices and availability are read from RunPod's live catalogue. Nothing is listed that cannot be rented.
- Margin on the provider's price
- 15%
- All of it buys NVDAx for the Reserve.
- Rental length
- 1 to 168 hours
- Whole hours. A running rental can be extended.
- Price held for
- 10 minutes
- From the moment the order is priced.
- Start limit
- 15 minutes
- After payment. Past it, the whole payment is refunded.
- Disk
- 40 GB
- Container disk, erased when the rental ends.
- You connect a wallet, sign in with a signed message, choose a GPU and a number of hours, and give an SSH public key.
- The total is the provider's price for those hours plus the margin. You pay it in USDC or in SOL, from your wallet, in one transaction. A SOL price is quoted only when two independent price sources agree.
- When the payment is seen on chain the instance is started for you. It comes with PyTorch 2.8, CUDA 12.8, Ubuntu 24.04, JupyterLab. You get SSH access with your key and a JupyterLab address with a password made for that rental.
- The clock starts when the machine is running, not when you paid.
- You can add hours at any time while it runs, at the price it was rented at. The instance ends by itself when the time is up.
- If it does not start within 15 minutes, or the provider has no capacity, the whole payment is returned to the wallet that paid, margin included. A provider's catalogue can list a GPU it then cannot start. When that happens the offer is taken off this site for 30 minutes, so the next renter is not sent through the same payment and refund.
- If the provider loses a running instance, the time that was not delivered is refunded pro rata.
- If you stop a rental early yourself, the remaining time is not refunded. The page says so before you confirm.
- Save your work elsewhere before the end. Nothing on the instance is kept.
Listing your own GPU is not open. There is a waitlist, and no listing is shown until real hardware is behind it.
Fees
Creator fees. pump.fun pays the coin's creator fees to the engine wallet through its fee sharing. 100% of what reaches that wallet is swapped to NVDAx for holders. The size of the creator fee is set by pump.fun and varies with market cap.
Marketplace margin. 15% on top of the provider's price. All of it buys NVDAx for the Reserve. The provider's price itself pays for the machine.
Network and swap costs. Solana transaction fees for payouts are paid by the engine wallet from SOL the operator puts there, not from holders' fees. Swaps go through public pools that charge their own trading fee, which is part of the price received.
Nothing else is taken: no payout fee, no claim fee and no withdrawal fee.
About NVDAx
NVDAx is a token that tracks one share of NVIDIA Corporation. It is issued by Backed under the xStocks name and trades on Solana like any other token. EnvidaCompute buys it on the open market and passes it on. It does not issue it and cannot redeem it for shares.
- Token standard
- Token-2022
- Decimals
- 8
- Display multiplier now
- 1.001701196801074
Why a wallet shows slightly more than a round file. When Nvidia pays a dividend, the issuer reinvests it by raising a multiplier stored on the token instead of sending cash. The number of raw units in a wallet stays the same and the displayed balance grows. Round files and all accounting use raw units. Every amount on this site is shown the way wallets show it, with the multiplier applied.
What the issuer can do. The token gives its issuer the power to pause all transfers, to freeze an individual account, and to move or burn tokens through a permanent delegate. These exist for legal and regulatory reasons and are outside our control.
- If transfers are paused, the engine swaps nothing and sends nothing. Fees stay in SOL and are paid when transfers resume.
- If a holder's NVDAx account is frozen, that wallet's share is credited and waits. Other wallets are paid as usual.
- If the issuer adds a transfer hook to the token, payouts are held until the engine supports it.
- Nothing is swapped or sent within 15 minutes of a multiplier change, on either side of it, as the issuer advises. Rounds fall on the hour and changes take effect at 00:30 UTC, so this rarely delays anything.
EnvidaCompute is not affiliated with, sponsored by or endorsed by NVIDIA Corporation, Backed or xStocks. Holding NVDAx is not the same as holding the share: it carries no vote, and its price on Solana can differ from the share price, most of all when the stock market is closed.
Verification
Each round produces one file that lists every wallet with its balance, the start of its holding clock, its multiplier, weight, share, what was sent and what stays credited, along with the rules used and the swaps that filled the pot. The file is published as it was computed, byte for byte.
The SHA-256 hash of that file is written into the memo of every payout transaction of the round. Each file also names the hash of the round before it, so the history is a chain: no past round can be altered without every later hash changing, and those are already on Solana.
A small script, with no dependencies, downloads a round, recomputes it and compares it with the chain. You do not have to trust this site to run it.
The three wallets
Engine
Receives the coin's creator fees, swaps them to NVDAx and sends every holder payout. It holds the NVDAx that is credited and not yet claimed.
Reserve
Holds the Nvidia Reserve and nothing else. NVDAx enters it from rental margin and leaves it only at a milestone or during an Earnings Week.
Compute
Receives rental payments, pays refunds, and sends the margin to the Reserve as NVDAx. The rest pays the provider for the machines.
These wallets are operated by software, and their keys are held by the operator. The published rules say what each one does, and every movement that follows the rules is recorded in a round file or on a rental. The addresses are public so that anyone can watch that nothing else leaves them.
Risks
Read these before you buy the coin or rent a machine. They are not unlikely edge cases.
- $ENVIDA is a memecoin. It has no claim on anything, its price can go to zero, and nothing here is a promise that it will hold value.
- Payouts depend on fees. If nobody trades the coin, a round has nothing to pay. An hour with no payout is normal, and there can be many of them.
- NVDAx has its own price and liquidity. It can fall like any share. On Solana it can trade away from the share price, and the market is thin at weekends, which can delay swaps.
- The issuer of NVDAx has powers over it. It can pause transfers, freeze accounts and change its terms. If it does, payouts wait or stop, and we cannot override it.
- The marketplace depends on a provider. RunPod can run out of capacity, change prices or have outages. A rental that fails is refunded as described above, and that is the whole remedy.
- Software can be wrong. The engine checks its own books every round and stops when they do not add up, and it has been rehearsed at length, but no software is free of faults. The engine's wallets are hot wallets on a server.
- The rules can change. Round length, minimum bag, cap, ladder, margin and milestones can be changed by an admin. Changes are public before they apply and never alter a past round.
None of this is investment advice, and nothing on this site promises a return.