Covered calls on tokenized stocks
Holders earn a USDG premium today. Buyers get the upside above a set strike. Both sides agree to the same terms, up front, on Robinhood Chain.
Settlement price from a Chainlink feed — not from us.
Every agreement has exactly two sides. The strike, the covered portion and the expiry are fixed before either of you commits.
Put your stock token in escrow and give up part of its upside above the strike. The USDG premium is yours as soon as a buyer fills your offer.
Pay a USDG premium for the right to the gain above the strike, if the reference price closes above it at expiry.
The agreement
When a buyer fills a signed offer, the stock token and the USDG premium enter the market contract in a single transaction. Nothing moves before that.
Escrowed tokens stay locked until the position resolves — either settlement or the fixed refund path.
Track record · public, no wallet needed
Every position that has ever resolved is listed — asset, strike, premium, outcome, the Chainlink price used to settle it, and the transaction you can verify yourself. Wins, losses and refunds alike.
Open the full track recordFigures above are sample data for this design preview. The live page reads resolved positions directly from the chain.
View track recordOne fixed cycle per market. Each settles against its own Chainlink feed for Robinhood Chain stock tokens.
Plain terms, stated before you trade — not buried in a footer.
If the stock falls, the premium is all that offsets it. Your escrowed token comes back worth less.
If the reference price closes at or below the strike, the upside right expires worthless.
Stock token issuers can pause or restrict transfers. A claim may wait until they lift.