PAYBO
The reward token of PaybookClub, issued on Stellar
PaybookClub is a social platform where members are paid for what they post. They are paid in PAYBO, and they withdraw it to their own Stellar wallets.
PAYBO was issued on the Stellar network in 2018 by Capexsales Ltd, a company registered in the United Kingdom. Every issue, payment and withdrawal is a public Stellar transaction that anyone can read.
Where things stand
The platform in numbers
- About 31,900 members
- 11,289 completed withdrawals
- 58.4 million PAYBO distributed
- Reserve held for around 132,000 further withdrawals
Figures as at September 2026.
The app
PaybookClub is where PAYBO is earned
Post, and you are paid. There is nothing to buy and no deposit to make.
Get it on Google Play
Independently published
Nine years of issuance and holders
PAYBO issued against the number of accounts holding it, served live by StellarExpert. Not our chart and not our figures — theirs, read from the ledger.
How it works
Earned by posting, withdrawn to a wallet you control
Members earn PAYBO for posts and for the activity those posts attract. When a balance reaches the withdrawal threshold, the member asks to cash out and the PAYBO is sent to a Stellar address they own.
PaybookClub never holds a member's wallet keys. Once PAYBO leaves the platform it is theirs, and what they do with it is their business.
Verify the asset
Check PAYBO for yourself before you trust it
Anyone can issue a token under any four-letter code on Stellar. These are the details that identify this one.
- Asset code: PAYBO
- Issuer: GDNUDY5LNUVCO55LLK6H2RCOILB6EO7UOVAOGDTV3FB7Y2U45TMAXD3D
- Home domain: paybo.club
- stellar.toml
- Asset page on StellarExpert
If a wallet shows PAYBO with a different issuer, it is not this token.
For partners
Allocations from the reserve, placed into liquidity
The issuer holds a PAYBO reserve. We will release an allocation from it to an exchange, wallet or commercial partner at a price agreed in advance and referenced to the Stellar market, on one condition: the tokens go into the XLM/PAYBO liquidity pool and stay there for an agreed period.
Depth in that pair is the one thing this market lacks, and it is worth more to us than a cash fee. A partner ends up holding a position that can be checked on the ledger rather than sending us an invoice we would rather not pay.
Terms are negotiated individually. This is not open to the public and it is not an offer of an investment. Write to us if it is of interest.
Sreedhar Pillai, Director, Capexsales Ltd.
Be clear
What PAYBO is not
It is not an investment, and nothing on this site is an offer of one. There is no public sale, no price we promise or defend, and no allocation available to buy from this page.
No member is ever asked to pay money to PaybookClub. Earning, holding and withdrawing PAYBO costs nothing but the Stellar network fee.
Detail, for people who want it
The developer and business portal
The business model, the unit economics, the tokenomics document and the live API endpoints are all set out at api.paybook.club. The figures there are drawn from Stellar Horizon and from our own database rather than estimated.
Provide liquidity
The XLM / PAYBO pool
Live from Horizon. Depositing puts both assets in at the current ratio and earns a share of the 0.3% every trade pays. This panel is an illustration and holds nothing — the deposit is made and signed on Scopuly. PaybookClub never asks for your secret key.
Providing liquidity carries real risk. If the price moves you can withdraw less value than you put in, and on a market this thin it moves easily. There are also USDC, AQUA and LIBRE pools for PAYBO, all of them smaller than this one.
For institutions
PAYBO for exchanges and platforms
What we will and will not do about a listing, what sits behind the token, and the state of the order book — set out plainly on one page.
Trading
PAYBO trades on the Stellar decentralised exchange
There is no central exchange listing. Trades happen between wallets, on the open network.
Live from the network
PAYBO market
| Price | — |
| Price in dollars | — |
| Change, 24 hours | — |
| Volume, 24 hours | — |
| Spread | — |
| Supply on the ledger | — |
| Holders | — |
| Supply at last price | — |
Read from Stellar Horizon when this page loads. The last line is supply multiplied by the last traded price. On a market this thin that is an arithmetic result, not a valuation.
Trade
Buy or sell PAYBO on the Stellar DEX
The prices above are the current best offer and best bid, read from Horizon. This panel is an illustration and does not trade — it opens StellarTerm, where the order is placed and signed. PaybookClub never asks for your secret key, and neither should anything claiming to be us.
You need a PAYBO trustline before you can hold any. Most Stellar wallets add one for you the first time you open the market.
Independently published
Price history
Served live by StellarExpert, the Stellar block explorer. Not our chart and not our figures — theirs, read from the ledger.
Live from the network
PAYBO / XLM order book
Read directly from Horizon when this page loads.
| Bids | Offers |
loading… |
loading… |
Worth saying plainly
Liquidity in PAYBO is thin
There are tens of dollars of depth within range of the price, not thousands. A modest order moves the price a long way, in either direction.
That is the honest state of the market today. Anyone trading PAYBO should size their order against the book above, not against a headline price.
The people behind the token
PAYBO is earned before it is ever traded
Almost every PAYBO in existence was paid to somebody for posting. It reaches the market through members who earned it and chose to sell, not through a sale by the issuer.
That is an unusual way for a token to be distributed and it is the thing worth knowing about this one. The platform came first and the token exists to pay for what happens on it.
The platform
What has actually happened
- 31,913 registered members
- 78,492 posts published
- 11,289 completed withdrawals
- 58.4 million PAYBO paid out to members
- Reserve held for around 132,000 further withdrawals
- Continuous payouts since November 2020
From our own records, September 2026. The withdrawal figures can be checked against the ledger; the membership figures cannot, and you have only our word for those.
Cost of the rewards
Members are paid, and pay nothing
There is no deposit, no subscription and no fee to withdraw beyond what the Stellar network charges, which is a fraction of a penny.
Members hold their own keys. PaybookClub cannot move a member's PAYBO once it has left the platform.
2016
The idea
Capexsales Ltd, based in the West Midlands, set out to build a social network that pays its members for the content they post.
2017
The app goes live
The first version of the PaybookClub app was released, and the platform has been running continuously since.
2018
PAYBO issued on Stellar
Member rewards moved onto the Stellar network, so that a balance earned in the app could be withdrawn to a wallet the member controls.
2020 to today
11,289 withdrawals
Members across West Africa, East Africa and South and South-East Asia have earned and cashed out. Every one of those withdrawals is on the public ledger.
Founder, PaybookClub
Sreedhar Pillai
Role
- Founder, PaybookClub
- Chief Executive, Capexsales Ltd
- Full biography
Who issues PAYBO
Capexsales Ltd, United Kingdom
PaybookClub is a venture of Capexsales Ltd, registered in England and based in the West Midlands. The company operates the platform and holds the PAYBO issuing account.
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