On Vexi, the same LP capital is both Uniswap v4 liquidity and options liquidity on Robinhood Chain: one deposit quotes every strike and expiry on the board, giving memecoin and Stock Token traders leverage with no liquidation.
Traders can get leverage that cannot be liquidated on PONS, or on any token with Uniswap v4 liquidity: buy a call or a put, and the most you can lose is what you paid.
Live on Robinhood Chain testnet, Demo, Deck.
What Vexi does
- One LP deposit quotes calls and puts on every strike and every expiry on the board, at once.
- The LP capital does two jobs: until an option sells, it stays Uniswap v4 liquidity that can earn swap fees. Any LP can open a vault, or move an existing Uniswap v4 position into one in a single transaction.
- Fully backed: the premium is the most a buyer can lose, nothing is liquidated on either side, and settlement in kind means no bad debt.
- Every option is a token on a public order book, and buying can be a Uniswap v4 swap through our hook.
- Prices come from the token's own Uniswap v4 pool, with no outside oracle, so any token with a v4 pool can get a market. Everything is quoted in USDG.
Where it stands
- Seven markets live on Robinhood Chain testnet, on contracts with the fixes from our 1 October internal audit; 1,015 contract tests.
- Next: an external audit, then a capped mainnet on Robinhood Chain, quoted in Paxos USDG.
- Accepted into the Uniswap Hook Incubator.
- VexiHakari, our ETHGlobal Tokyo 2026 build of this design, won 1st place from the Uniswap Foundation and 1st place from 1inch.
- OmniForward, our structured product, won 2nd place in Circle's prize at ETHGlobal Singapore 2024.