Built on Robinhood Chain

Options on real stocks, settled on-chain.

Buy calls and puts on tokenized equities, or write them to earn premium. Fully collateralized, priced by live oracles, and open 24/7.

Fully collateralized Oracle settlement Non-custodial
NVDA NVIDIA · Nov 21
$171.30 +0.00%
CallsStrikePuts
connecting feed… Open terminal →
12
Tokenized markets live
24 / 7
Always-open trading
100%
On-chain collateral
<1¢
Settlement gas cost
How it works

Three ways to take a position.

Every contract is fully collateralized in your own wallet and settles against a live oracle price. No broker, no market hours, no counterparty risk desk.

Buy calls & puts

Go long a move in either direction with defined risk. Pay a premium, and your maximum loss is exactly that premium.

  • Defined, capped downside
  • Leverage without liquidation
  • Cash-settled at expiry

Write to earn premium

Sell covered calls or cash-secured puts against collateral you already hold and collect the premium up front.

  • Yield on idle holdings
  • Collateral locked, never rehypothecated
  • Auto-settled on-chain

Build strategies

Combine legs into spreads, straddles and collars to shape your exact payoff and cost basis in one order.

  • Multi-leg in a single tx
  • Live payoff diagram
  • Portfolio Greeks
Why on-chain

The options desk, without the desk.

01

Fully collateralized

Every short option is backed 1:1 by locked collateral in a smart contract. There is no margin call and no way for a writer to default on assignment.

02

Oracle settlement

Contracts settle against decentralized price feeds at expiry, cash-settled to the penny. No manual exercise, no pin risk games.

03

Open 24 / 7

Tokenized equities never close. Hedge a weekend gap or trade an earnings reaction the moment it happens, not at the next opening bell.

04

Non-custodial

Positions and collateral live in your wallet on Robinhood Chain. Connect, trade, and withdraw permissionlessly with sub-cent gas.

Markets

Trade the names you already watch.

Live oracle prices across index ETFs and single names. Click any market to open its option chain.

What's your position?

Connect a wallet and place your first contract in under a minute. No account, no paperwork.

FAQ

Good to know.