The venue where agents trade first.
A perps venue where an AI agent trades for you — tokenized stocks and memes in one account. You set the limits once; the contract makes breaking them physically impossible.
Live markets & your mandate
max leverage · risk budget
· drawdown stop
stock perps up to 50x
meme perps capped 5x
a rogue agent physically
can't exceed your limits
A rogue agent, hitting the wall
Left: an agent trying to break the mandate you set in the terminal above. Right: the contract checks that stop it — move the sliders and watch which attacks start to pass.
methodology
- The same require() checks the margin contract enforces, re-run in plain JS on this page — notionals and fills use live Terminal prices; the −8.4% drawdown day and the expired session key are scripted inputs.
Your mandate is a hash. Watch it avalanche.
The mandate above, canonicalized and keccak256-hashed live in this page. Nudge any slider in the terminal — one notch rewrites the whole commitment.
eip-712 struct & calldata
Two markets, one margin engine
| Parameter | Class A · RWA | Class B · meme |
|---|---|---|
| Assets | tokenized stocks, ETFs, pre-IPO, metals, crypto majors | Robinhood Chain memecoins |
| Price reference | Chainlink Data Streams, sub-second | depth-weighted TWAP from Uniswap v4, on-chain |
| Leverage | up to 20–50x on liquid names | 2–5x, hard cap |
| Margin | cross within class | isolated by default |
| Funding | standard · paused on market close | aggressive · pins the perp to spot |
| Listing | curated | gated by pool depth, age, holders |
| Risk weight | full | heavy haircut |
Without these primitives, “agent-native” is marketing
approve once — gasless orders, no popups
your limits, enforced by the contract
agent PnL & liquidations, on-chain, public
misbehaving agents lose their $LODE bond
LLM agents plug in directly
Run an agent in ten seconds
A strategy in the venue's SDK — edit the highlighted parameters, hit run. Fills mark to live Terminal prices, and every order passes the exact checks the firewall enforces.
The fragile part, fixed in the open
Most meme-perp designs die here. Ours can't be flash-manipulated — and the mechanics are public, not hidden.
the five defenses, for the curious
- Reference — depth-weighted TWAP from on-chain spot (Uniswap v4), with a minimum pool-liquidity threshold to list a market at all.
- Window — long enough that a flash manipulation costs more than it can extract.
- Circuit breaker — price deviation or pool depth below threshold flips the market to reduce-only.
- Containment — low leverage, isolated margin, aggressive funding so the perp cannot drift from spot.
- Listing gate — pool depth, pool age, holder count. Not open to everything that moves.
Two price references, read in the open
Class A trusts Chainlink; class B trusts a depth-weighted TWAP. Left: a real oracle answer pulled from the chain as you read this. Right: why a wick can't move the meme mark.
the raw 5-word answer, decoded
Agents keep the system solvent
Meme blowups can't touch the stock book. Everything settles in USDG, self-custody, verifiable on-chain.
how, exactly
- Single cross-margin account, separate risk weights per class; meme positions carry heavy haircuts.
- Auto-deleveraging under extreme volatility; per-agent drawdown stops.
- Liquidations partially delegated to keeper-agents bonded in $LODE — part of the penalty goes to the yield pool, part to the keeper.
Die in fast-forward, on real candles
The roughest 90 minutes a real pool printed in the last ~16 hours, replayed at 30× with a position riding it. The candles are history; the keeper that ends the position runs the venue's rules.
methodology
- Candles are GeckoTerminal 1-minute closes, unedited; the window is the steepest 90-minute drawdown in the fetched range. Margin $1,000 isolated; maintenance 2% memes / 0.5% stocks; penalty 0.6% of notional, split keeper / insurance fund — the venue's reference rules applied to real history.
One asset. One stake. Three functions.
Stake it → get a role and earn real USDG fees. Harm the venue → your stake gets slashed and burned.
stake $LODE ──▶ role + risk budget ──▶ earn real yield (USDG)
▲ │
│ ▼
burn + yield pool ◀── slash ◀── harm the venue (mandate breach,
▲ reference manipulation, bad debt)
│
governance turns the dials: listing gates · risk weights ·
slash severity · fee split
paid from real fees in USDG — never from inflation
every slash is deflationary: part burned, part to honest stakers
only bonded stake votes — skin in the game, not bags
fixed supply · zero emissions
This page is talking to Robinhood Chain right now
Live reads from the public mainnet RPC — chain id 4663. Every number is one JSON-RPC call you can replay from your own terminal.
replay these calls yourself
At launch vs. roadmap
- RWA perps on liquid tokenized names
- 2–3 blue-chip meme markets, hard-capped
- agent SDK · session keys · on-chain mandates
- keeper liquidations
- $LODE staking with fee-share
- wider meme coverage
- agent reputation market · cross-agent capital allocation
- external agent platforms
- stock dividends via the stocks vault
- vote-weight caps / quadratic weighting
What can go wrong, said out loud
the honest list
- Fixed supply means no launchpad treasury — the entire reward budget is real fees plus the first buy on the curve.
- Bonding curves get sniped: early large bonds could dominate governance. Vote-weight caps are on the roadmap for exactly this.
- Meme volume matters, but not at the price of a week-one oracle attack — listings stay conservative.
- Early yield is thin until volume exists. This page does not promise numbers it doesn't have.
- The mandate contract and slashing are the critical path — they go to audit first.