Live onchainArbitrum Orbit · Chain ID 4663
Stock tokens
that hold a range.
Agent-run concentrated liquidity for tokenized equities. Deposit one asset. The strategy places the ticks, holds the range through the overnight gap, compounds realized fees and writes every action to chain.
Net fee APR · NVDA18.4%Trailing 30d realized, net of the strategy share. Not a forecast.
Explore strategies
Stock-token vaults
Each vault is sized against one equity’s own volatility. Select one to inspect the range it is holding and everything it has done.
AAAppleAAPL / USDGQueued · 2026-08-11
TSTeslaTSLA / USDGQueued · 2026-08-18
Your position
Connect to view
Estimated value—
Vault shares—
NVNVDA0
$USDG0
Fees earned—
Agent strategy
The vault is the interface. The strategy is the intelligence.
The agent reads spot location, realized volatility, range utilization and inventory skew, then decides where liquidity can work. Every guarded action passes a TWAP deviation check first, so a dislocated or stale reference price blocks the rebalance instead of executing into it.
- Pool fee
- 0.3%
- Vault share of fees
- 85%
- TWAP window
- 30 min
- Max deviation
- 1.5%
- Realized vol
- 48%
- Time in range 30d
- 98.2%
Live active range
In range · earningSPOT183.62
-20%146.90-10%165.26SPOT183.62+10%201.98+20%220.34
LOWER TICK170.69
POOL TICK183.62
UPPER TICK197.18
Realized fees 30d
$42,928
Kept by the vault
$36,488
Depositors
736
Operating history
Bars = daily realized fees · hatched = out of rangeNVDA vault · 30 days since 2026-07-04
2026-07-03Today
Vault transparency
Live onchain activity
Verified events
| Time | Action | Detail | Value | Block | Tx |
|---|---|---|---|---|---|
| 13:39:1522m 56s ago | compound | Fees collected → redeployed in range | $420 | 267,399,122 | 0xc63a…1689 ↗ |
| 13:37:5424m 16s ago | withdraw | Shares burned · proportional exit | $514 | 267,398,316 | 0x7c1b…7448 ↗ |
| 13:18:4443m 27s ago | deposit | Pair · NVDA + USDG | $2,440 | 267,386,812 | 0x11fe…2963 ↗ |
| 12:59:001h 03m ago | deposit | Pair · NVDA + USDG | $31,511 | 267,374,972 | 0xdc5e…aa3c ↗ |
| 12:22:161h 39m ago | guard | Rebalance blocked · TWAP deviation 2.58% | — | 267,352,937 | 0x320a…6ce4 ↗ |
| 09:44:144h 17m ago | deposit | Zap · USDG → NVDA/USDG | $906 | 267,258,117 | 0x839b…05dd ↗ |
| 08:38:235h 23m ago | compound | Fees collected → redeployed in range | $403 | 267,218,601 | 0x25c3…c008 ↗ |
| 08:14:035h 48m ago | deposit | Pair · NVDA + USDG | $365 | 267,204,007 | 0x758d…c8d1 ↗ |
| 07:21:476h 40m ago | deposit | Zap · USDG → NVDA/USDG | $1,408 | 267,172,647 | 0x8c21…4fc7 ↗ |
| 07:19:356h 42m ago | deposit | Zap · USDG → NVDA/USDG | $1,603 | 267,171,321 | 0xa91e…0a4e ↗ |
| 07:17:336h 44m ago | deposit | Zap · USDG → NVDA/USDG | $5,607 | 267,170,109 | 0x24dc…ecd8 ↗ |
| 06:06:177h 55m ago | deposit | Pair · NVDA + USDG | $2,249 | 267,127,346 | 0x3327…fe18 ↗ |
70 events · NVDA / USDG · Blockscout verified
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The loop
Four steps, then it runs without you
You never pick a tick, calculate a ratio, collect a fee or send a rebalance. Those are the operations the vault exists to absorb.
01
You supply capital
Deposit a stock token, USDG or both. You receive vault shares — a proportional claim on the position, not a separate reward token.
02
The agent places liquidity
The strategy sizes a range against that equity's realized volatility and deploys the pooled assets into the live pool at the 0.3% fee tier.
03
Trading pays the position
Every swap through the range pays fees to it. This is market-generated yield from real trading demand — not an emissions schedule.
04
Value returns to the vault
Collected fees stay in the strategy. 85% is retained by the vault, and it shows up as each share being worth more.
Why a strategy, not a dashboard
Concentrated liquidity is a full-time job most LPs lose.
These are published findings about the market this vault operates in — not this product’s performance. They are the reason the position is run by a policy instead of handed back to you as a set of tick inputs.
51%of Uniswap v3 LPs were unprofitable
Impermanent loss exceeded fee income across the studied cohort.
Bancor × IntoTheBlock−$260Mof IL against $199M of fees
In that same cohort, losses outweighed everything the pools paid out.
Bancor × IntoTheBlock0evidence that rebalancing by hand helps
No statistical outperformance was found for LPs who repositioned more often. Clicking more is not a strategy.
ACM CCS DeFi Workshop 2022$5.5Bof tokenized equity market cap
Up from $2.23B at the start of 2026 — the fastest-growing RWA segment.
Mid-2026What can refuse to run
The checks that block an action
An automated strategy is only as trustworthy as the conditions under which it declines to act. 15 blocked actions sit in the ledger above.
TWAP deviation check
Guarded actions abort when spot has moved more than 1.5% from a 30-minute time-weighted reference. A dislocated pool cannot be rebalanced into.
Oracle staleness ceiling
A reference older than 15 minutes blocks the action outright rather than letting it price off a stale number.
Minimum output and deadline
Every zap swap carries a 2% minimum-output floor and a 20-minute deadline. A stale transaction reverts instead of executing at a moved price.
Separated permissions
You control your own deposits and shares. Rebalancing, compounding and pausing sit behind separate authorized roles — none of which can move user assets out.
Protocol registry
Live contracts
Always confirm the address your wallet displays before signing. Deposits and shares are controlled by you; rebalancing, compounding and pausing require separately authorized roles, and none of them can route your assets to a third party.
$XOBAK · token contract
Robinhood Chain · Chain ID 4663
The register entry opens when the token is deployed. Vault and zap contracts are already live and listed alongside.
Read this part
These vaults are not savings accounts. Returns vary, and deposits can lose value.
01
Market and liquidity risk
Price movement, impermanent loss, time spent out of range and rebalancing costs can all outweigh the fees earned. A vault can lose money in a month it collected fees.
02
Smart-contract risk
Vault, zap, token, pool and chain contracts may contain defects or interact in unexpected ways. Audits reduce this; they do not remove it.
03
Infrastructure risk
Oracle, keeper, RPC or sequencer disruption can delay or block a guarded action — including one that would have protected the position.
04
Asset and strategy risk
Stock tokens are debt securities carrying issuer dependencies, not equity. Strategy decisions and authorized roles introduce risk of their own.
Questions worth asking
Before you deposit
Where does the yield come from?+
Swap fees paid by traders using the underlying USDG pool. It is market-generated and varies with volume, TVL, how much of the time the position sits in range, and how well the strategy places it. There is no emission and no subsidy.
Is the displayed APR a promise?+
No. It annualizes fees the position has already realized over a trailing window. Future volume, volatility and range utilization can be materially different, and the figure moves every day.
Do I get a separate reward token?+
No. Your shares represent your portion of the underlying position. Collected net fees stay in the vault, which means each share is worth more rather than a second asset appearing in your wallet.
Can I lose money while the vault is earning fees?+
Yes, and this is the most important line on this page. Fee income and impermanent loss are separate ledgers. A sharp move in the underlying equity can cost more than a month of fees paid in.
Do I own the underlying shares?+
No. Stock Tokens track the performance of a listed stock but are structured as debt securities — holders receive no shareholder rights. Depositing into a vault does not change that.
What happens if the price leaves the range?+
The position stops earning fees and sits entirely in one asset until the strategy resets it. The range readout above shows exactly when that is happening, and the ledger records every reset.
Your stock tokens stop sitting still.
3 vaults live, 2 queued, 2,012 depositors and 20 recorded rebalances. Every one of them is on chain and linked above.