> For the complete documentation index, see [llms.txt](https://docs.bbx.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bbx.com/zhs/he-xin-ye-wu/quan-qiu-zi-chan-dai-bi-hua/shuang-bi-mo-xing.md).

# 双币模型

为兼顾合规与链上交易的高效率，BBX 独创 "双层代币模型" —— t 代币与 bb 代币。以 NVDA 为例：

<figure><img src="/files/s36Fd0bHfuFxZk7Rnbf0" alt=""><figcaption></figcaption></figure>

**NVDAt — 数字产权证（Security-based Token）**

* 性质：合规确权锚点。
* 功能：NVDAt 是用户拥有真实股票的法律凭证，由持牌机构合规代币发行商发行，1:1 锚定持牌券商隔离账户中的真实股票。它相当于一张 "数字产权证"，确保所有权的法律地位。
* 特点：携带严格的合规信息，NVDAt 本身不直接参与高频交易，以确保其法律地位的稳固。

**NVDAbb — 高速交易工具（Liquidity Utility Token）**

* 性质：流动性效用凭证。
* 功能：当 NVDAt 存入 BBX 的智能合约金库（Vault）后，协议 1:1 生成可自由流通的 NVDAbb。它为高频交易和 DeFi 集成而生，提升证券类资产在链上生态中的互操作性和流动性。
* 特点：NVDAbb 受 BBX "智能门控合约" 的无感合规检查（IP 地理位置、OFAC 名单等），确保交易始终在合规框架内进行，同时不影响用户体验。

#### 合约地址

BBX 已完成以下标的的合规代币化铸造，并将陆续在链上订单簿 DEX 中开放现货交易。得益于高性能全链架构，用户可突破传统市场休市限制，实现 7×24 小时全天候的现货资产配置。

|       |        |                                                                                                                                                                                                                               |         |                                                                                                                                                                                                                               |          |
| ----- | ------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------- |
| 股票代码  | t代币    | 合约地址                                                                                                                                                                                                                          | bb代币    | 合约地址                                                                                                                                                                                                                          | 网络       |
| AAPL  | AAPLt  | [0xfbabcd2f510bbbf6fbf1c54a2b4b3fbfd7a7f09e](https://www.google.com/url?q=https://arbiscan.io/token/0xfbabcd2f510bbbf6fbf1c54a2b4b3fbfd7a7f09e\&sa=D\&source=editors\&ust=1776685791309694\&usg=AOvVaw1lDlCLKBe1t93QXeSEfHmV) | AAPLbb  | [0xe5e6dbb9259d8459fa4b9548df19ba9ea39a3186](https://www.google.com/url?q=https://arbiscan.io/token/0xe5e6dbb9259d8459fa4b9548df19ba9ea39a3186\&sa=D\&source=editors\&ust=1776685791310052\&usg=AOvVaw18nVQdY1po6JmN7pkw9QCo) | Arbitrum |
| AMZN  | AMZNt  | [0xe5f075e5d031a9360792d1c57bb14ab37d149251](https://www.google.com/url?q=https://arbiscan.io/token/0xe5f075e5d031a9360792d1c57bb14ab37d149251\&sa=D\&source=editors\&ust=1776685791310583\&usg=AOvVaw1UPTmVPFTbKINCmDbWz3H5) | AMZNbb  | [0xa115b0256c6dce0a9b4a007b49100b65f7bc16f3](https://www.google.com/url?q=https://arbiscan.io/token/0xa115b0256c6dce0a9b4a007b49100b65f7bc16f3\&sa=D\&source=editors\&ust=1776685791310920\&usg=AOvVaw2FBmOyGLcFaTO360ExXqjb) | Arbitrum |
| GOOGL | GOOGLt | [0x0fe7b1939ef64ee7413c8334edb02f93974237f3](https://www.google.com/url?q=https://arbiscan.io/token/0x0fe7b1939ef64ee7413c8334edb02f93974237f3\&sa=D\&source=editors\&ust=1776685791311466\&usg=AOvVaw3ZlEOABntfYe0tUCi0ogzC) | GOOGLbb | [0xa40c38c30da848754f2308a2fd37573baf84ca3c](https://www.google.com/url?q=https://arbiscan.io/token/0xa40c38c30da848754f2308a2fd37573baf84ca3c\&sa=D\&source=editors\&ust=1776685791311767\&usg=AOvVaw27ydiZVI2Xha9a2Bs-jBHz) | Arbitrum |
| PLTR  | PLTRt  | [0xfbd7fd27e1a7117f6331595167d89dd9356e3813](https://www.google.com/url?q=https://arbiscan.io/token/0xfbd7fd27e1a7117f6331595167d89dd9356e3813\&sa=D\&source=editors\&ust=1776685791312273\&usg=AOvVaw3P4G-GsOD-8s4y3vf1Wii7) | PLTRbb  | [0x9ac96785d3c325f91b9ff37426f183d34b1e82a5](https://www.google.com/url?q=https://arbiscan.io/token/0x9ac96785d3c325f91b9ff37426f183d34b1e82a5\&sa=D\&source=editors\&ust=1776685791312577\&usg=AOvVaw3NHMZfJClI5w7si_Psh4jr) | Arbitrum |
| CRCL  | CRCLt  | [0x91f065dffab8fa5829368b1c6c8fc86a13b96226](https://www.google.com/url?q=https://arbiscan.io/token/0x91f065dffab8fa5829368b1c6c8fc86a13b96226\&sa=D\&source=editors\&ust=1776685791313086\&usg=AOvVaw31f95NOWXGu3j6EygqDB13) | CRCLbb  | [0x653f56245705aef339768fade62c95da03165ced](https://www.google.com/url?q=https://arbiscan.io/token/0x653f56245705aef339768fade62c95da03165ced\&sa=D\&source=editors\&ust=1776685791313391\&usg=AOvVaw15Fkzh2M-6MWQshaF2tRyJ) | Arbitrum |
| MSTR  | MSTRt  | [0x7526047633fef858dfb740b7fc79a591bb7fe8cf](https://www.google.com/url?q=https://arbiscan.io/token/0x7526047633fef858dfb740b7fc79a591bb7fe8cf\&sa=D\&source=editors\&ust=1776685791313901\&usg=AOvVaw1-p40nv3m0CbvO7JJ_Vdzr) | MSTRbb  | [0xf006a779d429798a1cba0d7544542713a7473342](https://www.google.com/url?q=https://arbiscan.io/token/0xf006a779d429798a1cba0d7544542713a7473342\&sa=D\&source=editors\&ust=1776685791314179\&usg=AOvVaw0BCr358ptZ1U1Sz3-U8AIC) | Arbitrum |
| HOOD  | HOODt  | [0xc4513eb06e86a262be8dbeb152c72c61520c5828](https://www.google.com/url?q=https://arbiscan.io/token/0xc4513eb06e86a262be8dbeb152c72c61520c5828\&sa=D\&source=editors\&ust=1776685791314748\&usg=AOvVaw3Z8hW71BU4zGqxRgDiIp_G) | HOODbb  | [0x8a5a98053562dbefae511b827d400f539b6420a2](https://www.google.com/url?q=https://arbiscan.io/token/0x8a5a98053562dbefae511b827d400f539b6420a2\&sa=D\&source=editors\&ust=1776685791315079\&usg=AOvVaw2K6C35vVmPaHKXAm8WOREl) | Arbitrum |
| TSLA  | TSLAt  | [0x3bFfBF70015733A3A36A118E328bD720c2500F2C](https://www.google.com/url?q=https://arbiscan.io/token/0x3bFfBF70015733A3A36A118E328bD720c2500F2C\&sa=D\&source=editors\&ust=1776685791315591\&usg=AOvVaw2n7Xa7zVqThq5rbZzR0Z29) | TSLAbb  | [0xb5c810224a46894650da0db93b61b9beb4b33d6c](https://www.google.com/url?q=https://arbiscan.io/token/0xb5c810224a46894650da0db93b61b9beb4b33d6c\&sa=D\&source=editors\&ust=1776685791315926\&usg=AOvVaw0VrMVkGaxp9TOwMKGtmkgk) | Arbitrum |
| AMD   | AMDt   | [0x354637c9d2FB6701D7f03007d100fe29D82665Fa](https://www.google.com/url?q=https://arbiscan.io/token/0x354637c9d2FB6701D7f03007d100fe29D82665Fa\&sa=D\&source=editors\&ust=1776685791316524\&usg=AOvVaw0o0Qdfw2VSASr665_kETXT) | AMDbb   | [0x1c2b9e6c8b59292ad3e98b9f0b57a893dc42c743](https://www.google.com/url?q=https://arbiscan.io/token/0x1c2b9e6c8b59292ad3e98b9f0b57a893dc42c743\&sa=D\&source=editors\&ust=1776685791316851\&usg=AOvVaw3nNSKsRLoWdoBgl__ICrHH) | Arbitrum |
| NVDA  | NVDAt  | [0x14a145639f8eC2C30a582Abb68569DbFfE377c28](https://www.google.com/url?q=https://arbiscan.io/token/0x14a145639f8eC2C30a582Abb68569DbFfE377c28\&sa=D\&source=editors\&ust=1776685791317425\&usg=AOvVaw3v-3bWGdsZRQezeZp36nYQ) | NVDAbb  | [0x879292708da2b467cbb6590e207f56bb90d946c0](https://www.google.com/url?q=https://arbiscan.io/token/0x879292708da2b467cbb6590e207f56bb90d946c0\&sa=D\&source=editors\&ust=1776685791317758\&usg=AOvVaw1zOosFeVUIrXgt6iub2uZw) | Arbitrum |

**审计报告：**

[https://d.cobo.com/public/documents/blocksec\_CoboTokenization\_v1.0-signed.pdf](https://www.google.com/url?q=https://d.cobo.com/public/documents/blocksec_CoboTokenization_v1.0-signed.pdf\&sa=D\&source=editors\&ust=1776685791318150\&usg=AOvVaw3X2aZwaH8soxnEkpIcQLoJ)

[https://github.com/CoboGlobal/cobo-tokenization/blob/master/docs/blocksec\_cobotokenization(CoboERC20Wrapper)\_v1.0-signed.pdf](https://www.google.com/url?q=https://github.com/CoboGlobal/cobo-tokenization/blob/master/docs/blocksec_cobotokenization\(CoboERC20Wrapper\)_v1.0-signed.pdf\&sa=D\&source=editors\&ust=1776685791318370\&usg=AOvVaw0bTQFyAl3AljYlMcN_vbGf)

**核心恒等式**

流通的 NVDAbb 总量 = 锁定的 NVDAt 总量 = 托管的真实股票总量

这一恒等式通过智能合约强制执行，可在链上实时公开验证，确保每一份交易凭证背后都有足额的真实资产支撑。
