CA 0x0000000000000000000000000000000000000000000000 View on Blockscout ↗

Covered-call vaults on Robinhood Chain

Your stock tokens can
pay you
while you hold them.

Deposit tokenized shares. Coupon sells covered calls against them every week and pays the premium back to you — no options experience needed.

See how the strategy works →
NVDA Covered Call
Weekly · 10% OTM strikes
Trailing 30-day APY
0%
Paid weekly in USDG
TVL
$4.8K
Next expiry
—
Depositors
17

Vaults

Each vault runs a single strategy against one Stock Token. Premium is paid out at expiry.

Vault
Strategy
30d APY
TVL
Next expiry

How the yield is made

No new tokens, no emissions. The yield comes from a real premium, paid by someone buying the right to your upside.

Deposit

You deposit a Stock Token

Send NVDA, AAPL, or TSLA tokens into the vault. You keep a claim on the exact amount you put in, plus whatever the vault earns.

Sell

The vault sells a call option

Each week, the vault sells a call option struck above the current price — giving up upside beyond that strike in exchange for an upfront premium.

Settle

Premium is paid out

If the price stays below the strike, the option expires worthless and you keep the full premium. If it's breached, your tokens are sold at the strike — still a gain, just capped.

This is not risk-free. If the underlying stock token falls sharply, the vault's value falls with it — the premium offsets some of that decline, but doesn't eliminate it. If the price rises sharply past the strike, your upside is capped there for that period.

Questions