> For the complete documentation index, see [llms.txt](https://docs.div.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.div.fun/for-traders/the-board.md).

# The board

The board is div.fun's home screen: a live list of every token on the platform, built so you can find the ones that are actually paying. It is dense by design — the data is the interface.

### What a row shows

Each token on the board is one row, with its live state read from the chain:

* **Token** — name and ticker.
* **Reward asset** — what the token pays dividends in (HYPE, a stablecoin, or a tokenized stock).
* **Price and change** — the current price and its recent movement.
* **Market cap** — the token's valuation at the current price.
* **Volume** — recent trading volume, which is what drives dividends.
* **Dividends paid** — how much the token has distributed to holders, over a recent window.
* **Status** — whether the token is on its [bonding curve](/core-concepts/the-bonding-curve.md) (with curve progress) or has [graduated](/core-concepts/graduation.md) to its market.

### Reading the board

The board rewards a particular way of reading. Price tells you what the market thinks. Volume and dividends paid tell you whether holding the token has actually returned anything. A token can have a rising price and pay nothing, or a flat price and pay steadily — these are different things, and the board shows both so you can tell them apart.

A useful scan:

1. Look at **volume** and **dividends paid** together — real distribution comes from real trading. Both curve and graduated tokens pay dividends; volume is what drives them regardless of status.
2. Check the **reward asset** — decide whether you want to be paid in HYPE, a stablecoin, or a stock.
3. Open the token's [page](/for-traders/the-token-page.md) before buying, to read its full dividend history.

### Status: curve vs. market

* **On the curve** — the token is still in price discovery. Curve trades carry the dividend share and pay holders. The row shows curve progress toward graduation.
* **Graduated** — the token trades on a HyperSwap pool and pays dividends on every trade.

### Honest numbers

The board does not flatter. Figures are read from the chain and shown with the precision the data has. There are no inflated APRs and no projected yields. Dividends paid is a record of what holders actually received, not a forecast of what they might. Treat it as such.

To act on a token, open its [page](/for-traders/the-token-page.md).

The board is div.fun's home screen: a live list of every token on the platform, built so you can find the ones that are actually paying. It is dense by design — the data is the interface.

### What a row shows

Each token on the board is one row, with its live state read from the chain:

* **Token** — name and ticker.
* **Reward asset** — what the token pays dividends in (HYPE, a stablecoin, or a tokenized stock).
* **Price and change** — the current price and its recent movement.
* **Market cap** — the token's valuation at the current price.
* **Volume** — recent trading volume, which is what drives dividends.
* **Dividends paid** — how much the token has distributed to holders, over a recent window.
* **Status** — whether the token is on its [bonding curve](/core-concepts/the-bonding-curve.md) (with curve progress) or has [graduated](/core-concepts/graduation.md) to its market.

### Reading the board

The board rewards a particular way of reading. Price tells you what the market thinks. Volume and dividends paid tell you whether holding the token has actually returned anything. A token can have a rising price and pay nothing, or a flat price and pay steadily — these are different things, and the board shows both so you can tell them apart.

A useful scan:

1. Look at **volume** and **dividends paid** together — real distribution comes from real trading. Both curve and graduated tokens pay dividends; volume is what drives them regardless of status.
2. Check the **reward asset** — decide whether you want to be paid in HYPE, a stablecoin, or a stock.
3. Open the token's [page](/for-traders/the-token-page.md) before buying, to read its full dividend history.

### Status: curve vs. market

* **On the curve** — the token is still in price discovery. Curve trades carry the dividend share and pay holders. The row shows curve progress toward graduation.
* **Graduated** — the token trades on a HyperSwap pool and pays dividends on every trade.

### Honest numbers

The board does not flatter. Figures are read from the chain and shown with the precision the data has. There are no inflated APRs and no projected yields. Dividends paid is a record of what holders actually received, not a forecast of what they might. Treat it as such.

To act on a token, open its [page](/for-traders/the-token-page.md).


---

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