Trade the spread
Own the other side
Long one tokenized share, short the other, in one position. Or deposit USDG and be the liquidity both sides trade against. Priced from Robinhood Chain's own pools, reported every week with a hash you can check.
Explore pairs
Every index is the ratio of two pool prices, rebased to 100 on the first day both legs traded.
MSTR ⇄ CRCL
$MSTR / $CRCLMETA ⇄ NFLX
$META / $NFLXNVDA ⇄ AMD
$NVDA / $AMDMU ⇄ INTC
$MU / $INTCTSLA ⇄ RIVN
$TSLA / $RIVNGME ⇄ AMC
$GME / $AMCAMZN ⇄ COST
$AMZN / $COSTGLD ⇄ SLV
$GLD / $SLVGOOGL ⇄ MSFT
$GOOGL / $MSFTQQQ ⇄ SPY
$QQQ / $SPYThe money comes
from both sides.
Nothing is lent out and nothing is borrowed. Three things happen, in order.
You deposit USDG
It buys vLIQ at what the vault holds per share. No entry fee, no exit fee, no lock.
From 100 USDG
Traders take both sides
They pay 0.08% to open and to close, and the crowded side pays a skew fee. The vault holds only the difference between the two crowds.
50% of every fee stays in the vault
Your share moves
Nothing lands in your wallet. The price of vLIQ moves instead, and you take it when you cash out, in one transaction.
Cashing out cannot be paused
No direction. No crowd. No shortfall.
A venue that sells direction ends up with its pool on the wrong side of every trend. A spread has a buyer and a seller by construction: whoever thinks NVIDIA outruns AMD meets whoever thinks the gap closes, and neither cares where the market goes.
What is left over — the skew — is priced, escrowed and reported. That is the whole design, and the docs show every formula.
Read how it worksFour locks on the vault
Each is enough for an ordinary bad day. Together they are why the vault can quote a spread at all.
The crowded side pays the thin one
That rate grows with the square of the lead, and half of it is handed to whoever holds the unpopular end. A level book pays nothing at all.
Read it6×the most a position can ever winEvery payout funded before it is owed
The ceiling is known when an order settles, so the vault reserves it then. The two sides pay each other first, and only the difference is held.
Read it20%the move past which a push is dampenedTwo clocks, then a clamp
A mark is the middle of the spot, the half-hour mean and the last mark. A price held for one block moves settlement by almost nothing.
Read it1signature, then nothing left to approveSign once, trade without prompts
Your wallet signs one gas-free session for a key made in your browser. That key can open and close; it can never withdraw.
Read itThe Tide
Every week, every pair, one hash. Rebuild it from the table and it has to match.
| Pair | Close | Week | Vol | Corr |
|---|---|---|---|---|
| NVDA/AMD | 85.4384 | -8.41% | 22.96% | 0.89 |
| GOOGL/MSFT | 98.6848 | +3.21% | 15.40% | 0.81 |
| META/NFLX | 133.6382 | +11.43% | 32.54% | 0.81 |
| MU/INTC | 84.6278 | -4.30% | 47.09% | 0.59 |
| TSLA/RIVN | 108.0206 | +5.14% | 33.07% | -0.08 |
$AMPHI
The fee is split three ways, in USDG, not in emissions.
Stakers are paid their share of real trading fees and vote on listings, the clamp and the skew base. Until the venue is live there are no fees to share, and the page says so.
Tokenomics