Coming soon on Robinhood Chain

Exercise anytime.
Settle in stock.
Zero slippage.

rwa.deal is a protocol for fully collateralized, American-style options over verified Robinhood stock tokens. When your call is in the money, you exercise at the live Chainlink price and the stock changes hands at the strike. The market never gets a say.

Follow the launch How exercise works
Style
American
Settlement
Physical
Exercise slippage
0
Oracle
Chainlink
Chain
Robinhood
Assets at launch
7

Exercise is the product.

Most on-chain options make you wait, settle in cash, or eat the order book on the way out. rwa.deal is built around the moment you actually exercise.

A
In the money? Exercise now.
American style from day one. If the position is ITM, you can exercise immediately. No waiting for Friday.
B
Priced by Chainlink.
The oracle marks every position against the live reference price, so ITM is decided by data, not by a thin pool.
C
Zero slippage at the strike.
Exercise swaps exactly at the strike, physically settled in the stock token. No order book, no price impact.
D
No full strike capital needed.
The cash-out router uses flash depth, so you can exercise and sell in a single move without fronting the whole strike.
E
Grace through the weekend.
Friday expiries, a frozen close, and a permissionless rescue window until Sunday 23:00 UTC. Anyone can rescue an ITM position and share a small fee.

Seven underlyings at launch.

Verified Robinhood stock tokens, each with covered calls enabled on day one.

NVDACovered call / Physical
TSLACovered call / Physical
AAPLCovered call / Physical
MSFTCovered call / Physical
GOOGLCovered call / Physical
AMDCovered call / Physical
SPCXCovered call / Physical

Fees feed the fire.

The pool takes a 1% fee, and 70% of it flows into a permanent $INDEX endowment with no withdrawal function. Its stock reflections buy $CATDEX and burn it, so protocol activity keeps reducing supply.

Pool fee 1% 70% to endowment $INDEX reflections Buy + burn $CATDEX

What comes after.

RWAPacks
ERC-721 basket packs of stock tokens. Pack fees feed the same endowment.
Post-launch
Basket options
Covered calls written over whole packs, not just single stocks.
Post-launch
Puts
Puts join covered calls after launch, enabled by a governance vote.
Post-launch
ModeSwitch
Governance steers the endowment between INDEX, STOCKS or BURN, behind a 48-hour timelock.
Post-launch

Be there at launch.

The protocol is in final development on Robinhood Chain. Follow for the launch date.

Follow the launch Buy $CATDEX