# Stove

> Track Stove with daily standardized on-chain data across 2 chains. Compare Stove with other real-world asset (RWA) issuers. Updated daily.

Source: [Stove on Token Terminal](https://tokenterminal.com/explorer/projects/stove). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Real-world asset (RWA) issuers
- Chains: arbitrum, bsc

## About

### What it is

Stove Protocol issues tokenized stocks on Arbitrum One, HashKey Chain, Pharos and BSC covering companies and ETFs listed in the U.S., Hong Kong and Korea. Each token is a debt instrument that gives holders economic exposure to the underlying share, backed 1:1 by securities held with regulated brokers. Tokens carry no shareholder rights.

### Who uses it

Stove Finance operates Stove Protocol, an onchain issuance and settlement protocol for tokenized equities. The legal entity behind the issuer is not publicly disclosed; the terms of service are governed by British Virgin Islands law.

### How it works

Tokens are deployed from factory contracts as 18-decimal ShareTokens on Arbitrum and whole-unit StockTokens on BSC, minted only against securities the protocol has acquired. Dividends are distributed to holders net of withholding tax rather than reinvested into the token. Offered only to non-U.S. persons under Regulation S after onboarding.

## Metrics

Token Terminal tracks these metrics for Stove daily. Each page has a chart with the full history.

- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/stove/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/stove/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/stove/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/stove/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/stove/metrics/gas-used)

## Links

- [website](https://www.stove.finance/home)
- [docs](https://docs.proto.stove.finance/)
- [twitter](https://twitter.com/stoveprotocol)