SIN Singapore DXB Dubai LHR London NRT Tokyo JFK New York FRA Frankfurt
Aviation PayFi · Base · ERC-20

Aviation finance,
rebuilt.

$MXP captures real aviation supply-chain margin, routes profit into weekly on-chain buyback-and-burn, and protects protocol liquidity — without outside market makers.

Aviation Revenue
$0B
Legacy Bleed
$0B
Settlement Cost
0%
Spread
0%
Last burn 142,358 MXP · just now
Real cash flow · $979B aviation market Weekly on-chain burn · 50% of supply-chain profit Senior tranche · 8–12% target APY Junior tranche · up to 8.5× booster Year 3 model · ≈ $159M annualized burn OSL bridge · HKEX 863 · Big-Four audited Real cash flow · $979B aviation market Weekly on-chain burn · 50% of supply-chain profit Senior tranche · 8–12% target APY Junior tranche · up to 8.5× booster Year 3 model · ≈ $159M annualized burn OSL bridge · HKEX 863 · Big-Four audited
The Opportunity

A trillion-dollar industry, bleeding into legacy rails.

Cross-border settlement friction. FX loss. Idle reserves. These are the exact frictions MeridianX converts into on-chain yield.

Supply Side
8–11%

Traditional cross-border settlement cost. IATA BSP runs on T+14 to T+30 cycles. Banks and gateways skim $20B/year.

Demand Side
3–5%

Off-ramp FX loss per transaction. Web3 enterprises hold stablecoins, then bleed converting to fiat for every trip.

Capital Side
$20B

Idle stablecoin capital hunting real, compliant, RWA-backed yield at scale. Aviation supply chain is the exact profile.

MeridianX does not create the spread — it captures existing aviation settlement friction by replacing the settlement layer.

How It Works · One Breath

Stablecoin in. Real inventory out. Profit flows back.

USDC enters → 89% deploys into aviation supply chain → turns every 21–45 days at 15–20% spread → 50% of profit routes to automated weekly buyback-and-burn.

01
USDC enters
Stablecoin capital meets the liquidity path.
02
89% deploys
Into aviation supply chain as prepaid carrier margin.
03
21–45d turn
Inventory rotates at 15–20% real spread.
04
OSL settles
HKEX 863 · SFC-licensed · Big-Four audited.
05
50% burns
Profit routes to on-chain buyback-and-burn.
89%
Deployment
21–45d
Turnover
15–20%
Spread
Why This Works

Three pillars. Stacked, they exist nowhere else.

Any one of these is a category. The thesis only works because all three operate together.

01

No Carve-Up

Bonding Curve replaces listing fees. POMM replaces external market makers. esMXP double-lockup replaces VC unlock cliffs. The value the community creates, the community keeps.

The ladder is the floor, not the ceiling
02

Real Business Drives Burn

50% of supply-chain profit + 40% of D&F revenue route to weekly buyback-and-burn. Y3 model: ≈ $13.25M monthly burn (≈ $159M / yr) — against a fixed 1B cap.

Planes fly daily · MXP burns weekly
03

Engineered Gap

Market price sits structurally above the mint curve. 270-day vest throttles float; Dragonfly + Connectors converge demand on DEX; POMM defends the premium with real-profit ammunition.

Others pray to the market — we engineer
MeridianX Liquidity Vault

Two tranches.
One capital engine.

Classic Senior / Junior structure. Senior protection and Junior upside flow into the same supply-chain pool — strengthening MeridianX purchasing power.

Senior · Stable Vault

Fixed yield, first-claim.

For stablecoin projects, institutional treasury, and blue-chip holders. Target APY band with first-claim rights, backed by real airline-ticket RWA.

8–12%
Target APY
100%
RWA collateral
180d
Lock
USDC
Pure yield
Junior · MXP Vault

Booster-multiplied upside.

For Web3-native users and MXP stakers. Deposit USDC, receive 20% in esMXP at Bonding Curve price, with up to 8.5× Booster acceleration.

20%
esMXP minted
270d
Full unlock
8.5×
Max booster
20%
APY cap
Capital Allocation · 80 / 20

Every USDC deposit splits into 80% real working capital and 20% esMXP exposure. Both tranches flow into one supply-chain pool — Senior absorbs first-claim risk, Junior captures structural upside.

Tokenomics · $MXP

Deflationary by design.

1 billion total supply. Never inflated. New MXP enters circulation only via Sigmoid Bonding Curve. Four exit channels burn it back out.

Fixed Supply · Burn Only
1B

MXP total supply. No inflation. Every buyback permanently reduces float — funded by real aviation profit and Dragonfly revenue.

Bonding Curve Mint 300M30%
Protocol Reserve 150M15%
Core Team 120M · 12mo cliff12%
Connector Incentive 100M10%
Strategic Round 80M8%
Seed + D&F + POL 170M17%
Community + IDO + Advisors 80M8%

Deflation Flywheel · Dual Engine

Deposit USDC → Supply chain buys routes → Earn spread profit → 50% buyback & burn → MXP scarcer ↑

Supply-chain profit (50%) + D&F revenue (40%) compound into continuous burn. Real cash flow, not reflexive emissions.

Travel Platform · Dragonfly D&F

A live travel rail.
Programmable end-to-end.

MeridianX's consumer + B2B travel platform — and the standard interface for AI agents to access real aviation services. Every booked ticket also burns MXP.

Live Travel Rail
SIN DXB LHR
MX20260515-SQ321 · USDC PAID
01

Chat-to-Travel

Natural-language search, compare, book and pay with crypto or cards.

02

B2B Corporate Travel

White-label for CEX, projects, and DAOs. Direct crypto settlement.

03

Smart Pass

Four membership tiers · up to 12% discount · lounges · concierge.

04

AI Agent Rail

CLI · REST API · x402 native payment. Agents book without credit cards.

meridianx-cli · agent session
$ meridianx search --from SIN --to LHR --date 2026-05-15
→ 12 fares found · best $642 USDC
$ meridianx book --flight MX20260515-SQ321 --wallet 0x...
→ Reserved BK-892371 · hold 15m
$ meridianx pay --booking BK-892371 --token USDC --chain base
→ tx 0xab12...c9 confirmed · gas $0.04
$ meridianx status BK-892371
→ ISSUED · ticket NFT minted
Second Burn Engine

D&F net revenue routes 40% to MXP buyback & burn. Every ticket booked shrinks supply.

Travel-to-Earn

Each completed order earns MXP rewards. Stakers receive Booster-multiplied yield on top.

Decentralized Growth · Connector

Airlines don't sign BD deals.
They claim accrued profit.

Single-layer, on-chain revenue rail. Anyone — human, AI agent, or DAO — can become a Connector. Volume tracked, profit accrued, claim automatic.

Cumulative DepositsUSDCesMXP
≥ $2,0001.0%5%
≥ $50,0001.5%8%
≥ $200,0002.0%12%
≥ $500,0002.5%16%
≥ $2,000,0003.0%20%

Single Layer Only

No MLM stack, no shadow incentives. One referral relationship, recorded and settled by contract.

Airline BD Split

0.1% – 0.3% permanent on-chain volume share gives carriers a reason to route inventory here.

On-Chain Forever

Relationships survive campaigns and teams. Accrued profit remains claimable on-chain.

Roadmap

From MVP to global infrastructure.

Five releases compound into one travel rail.

PHASE 0
Testnet
Live now
D&F testnet · points · connector recruit · audit.
PHASE 1
Launch
M1 – M6
MVP · OSL gateway · IDO + Aerodrome · enterprise pilot wave.
PHASE 2
Expand
M6 – M12
Base mainnet · MLV launch · first burn · CEX listings prep.
PHASE 3
Dominate
M12 – Y2
Institutional TVL growth · CEX listings · NDC direct · AI pricing v2.
PHASE 4
Ecosystem
Y2 – Y3+
Full decentralization · 200+ carriers · DAT pathway.
Growth Trajectory · Model

From first burn to eight-figure monthly.

One first principle: TVL drives margin, margin drives buyback, buyback drives scarcity. Below is the protocol's operating model — directional projection at scale, not a commitment.

Year 3 Projection Model
$0M
projected monthly burn · ≈ $159M annualized at operating scale

At Y3 base — ≈ $600M TVL, ≈ $14.5M monthly supply-chain margin, ≈ $15M D&F revenue — burn compounds against a fixed 1B cap. The curve only steepens with capital depth.

Operating model · directional projection · not financial guidance

Built On

Standing rails, already connected.

Compliance, aviation standards, DEX liquidity, social distribution, and OTA inventory — six rails already live.

HKEX 863 · licensed bridge
Coinbase L2 · x402
300+ airlines · NDC
Global hotel inventory
OTA · flight + hotel
Asia OTA leader
"Your margin is
my opportunity."
— Jeff Bezos

MeridianX is not entering a market that needs to be created. It enters a real industry flowing trillions of dollars annually, where profit is still devoured by traditional intermediaries layer by layer. We use Web3 to take back the frictions that should never have existed.

Planes fly every day.
MXP burns every week.

Business grows. Token shrinks. The ladder is the floor, not the ceiling.

Launch App Read Whitepaper