Pip

The onchain derivatives market for tokenized stocks

Powered by Robinhood Chain

0xb97c5eeb60d2bf5e774ce7b2bf4999b970cf317e

[Pip @Piprwa]

How to trade options on Stock Tokens with PIP

FULL INSTRUCTIONS :

Under two minutes, no signup, no download.

Step 1: Connect a wallet.

Supported wallets: MetaMask, Coinbase, Rabby, Brave.

[Pip @Piprwa]

Update: Pip's Options Protocol is deployed on Robinhood Chain.

Protocol Mint proof :
https://t.co/sBmJnmi1o8

Fully collateralised options on Stock Tokens. Writers escrow the entire payout up front, so no position can ever be liquidated. There is nothing to margin call.

Here's what shipped :

▸ An order book. Writers post asks, buyers fill them, longs can be resold before expiry
▸ Fractional sizes from 0.001 contracts, so you don't need $22k to write one
▸ Settlement from a 30-minute average of the token's own Uniswap pool
▸ ETH to USDG swap inside the app, one signature
▸ Real prices, and volatility measured from them rather than assumed

No admin key. No pause switch. No owner. The contract can't be changed by anyone, including us.

[Pip @Piprwa]

@sam_big21043 @WassoXsolana It is not, collateral liquidity is as it is because someone has to put up a collateral in the first place.

Other than that, its fully functional.

[Pip @Piprwa]

We have received questions about whether PIP is still a concept prototype or a fully functional product.

PIP started off as a concept, and in the past 2 hours it is now a fully functional and tradeable options product.

Full instruction thread here :

https://t.co/WDPCiTstT2

[Pip @Piprwa]

How to trade options on Stock Tokens with PIP

FULL INSTRUCTIONS :

Under two minutes, no signup, no download.

Step 1: Connect a wallet.

Supported wallets: MetaMask, Coinbase, Rabby, Brave.

[Pip @Piprwa]

Two things worth knowing:

1. Only hold ETH? pip swaps it to USDG in the app. One signature.

2. It's an order book, so someone has to write before you can buy. The book is empty right now — first offer is up for grabs.

Contract: 0x3dd7597eBbb3A5Ff84942f3e084d1380e1c95277

[Pip @Piprwa]

Step 4, optional: take the other side.

Hold Stock Tokens? Write a call against them.

Lock 5 NVDA → post your ask → collect $33 the moment someone fills it. 29.2% annualised here.

Sizes go down to 0.001 contracts, so you don't need $22k to start.

Fully collateralised. Can never be liquidated.

[Pip @Piprwa]

Step 3: Read the ticket.

NVDA above $225 → profit
NVDA below $225 → lose the premium

Premium $4.83. Break-even $229.83. Max loss $50, and that's the floor. It cannot cost you more.

Greeks are there if you want them, out of the way if you don't.

Confirm in your wallet. Done.

[Pip @Piprwa]

Step 2: Pick a market.

NVDA, AAPL, TSLA, QQQ, SPY and more. Real prices, real charts.

Then three choices:

▸ UP or DOWN
▸ Strike — drag it, the chart draws it
▸ Expiry

That's the whole setup. No options chain to scroll.

[Pip @Piprwa]

How to trade options on Stock Tokens with PIP

FULL INSTRUCTIONS :

Under two minutes, no signup, no download.

Step 1: Connect a wallet.

Supported wallets: MetaMask, Coinbase, Rabby, Brave.

[Pip @Piprwa]

PIP : Dev Notes

Demo Video 1

Relay now is fully functional, PIP is no longer a concept.

Trade tokenized options now on https://t.co/aYXE6qSHXF

[Pip @Piprwa]

Trading options on pip, start to finish:

Launch app → connect wallet → pick NVDA → UP → drag strike to $190 → Sep 18 → $50 → confirm.

NVDA above $190 → profit
NVDA below $190 → lose $50

Card shows P&L live. Sell anytime. Settles in USDC.

https://t.co/aYXE6qSHXF

[Pip @Piprwa]

We are now live on @ponsdotfamily

Trade Calls and puts on Stock Tokens on https://t.co/M9O0LlFo3N

CA : 0xb97c5eeb60d2bf5e774ce7b2bf4999b970cf317e

[Pip @Piprwa]

The derivatives market is $700 trillion of notional value.

That's 7x global GDP. Bigger than every stock market on earth combined, several times over.

US options alone cleared 12 billion contracts last year. A record. Retail is a third of it.

Onchain, that market barely exists. A few perps venues. Nothing for stocks.

Yet the new generation of tokenized stocks has almost no native options layer.

Robinhood put stocks onchain.
We put the derivatives market on top.

Introducing pip.

THE ISSUE

Options are the best retail product in finance and 95% of people never touch them.

Not because of risk. Because the first screen is a 400-row chain of strikes, bids, asks and Greeks. The UI is the moat. Against the user.

Meanwhile Robinhood just tokenised 190+ stocks and ETFs. NVDA, AAPL, GOOGL, QQQ. 24/7, programmable, in your wallet.

And they're sitting there doing nothing. A token you can only hold is a stock with extra steps.

WHY WE BUILT IT

Three things landed at once:

• Stock Tokens with a native oracle on Robinhood Chain
• Polymarket proving normies will trade a yes/no market at scale
• Robinhood options volume that already prints

Nobody had stacked them. So we did.

WHAT WE BUILT

Every Stock Token becomes two markets. UP and DOWN.

MARKETS → NVDA → UP → $190 → SEP 18 → $50

NVDA above $190 → profit
NVDA below $190 → lose the premium

Six taps. That's the whole contract. Strike, expiry, Greeks and settlement are computed underneath.

Every position is a live card, not a row:

NVDA $190 CALL · SEP 18
Entry $4.20
Mark $6.70
+59.5%

Marked to the oracle every 1.2s. Sell back any time. Settles in USDC at 20:00 UTC. No exercise, no assignment.

THE MARKET UNDERNEATH

Options Protocol. Permissionless.

• buy calls and puts
• sell them back
• post collateral
• write options
• earn premiums

Hold 100 NVDA tokens? Write 1 NVDA $200 call for Oct 16. Collect $612 today. ≈ 32% annualised.

Robinhood made the stock a token. We made the token pay.

THE NUMBERS

• 190+ Stock Tokens eligible, 24 deep markets at launch
• 4 rolling expiries per token
• $25 minimum, fractional contracts
• 0.5% fee, no PFOF, no exercise fee
• 24/7, weekends included

Covered calls and cash-secured puts can never be liquidated. The payout is already in the vault.

Pricing is Black-Scholes on the oracle feed. Every input is onchain. Go check it.

$700 trillion offchain. Zero of it on the stocks that just went onchain.

https://t.co/91bkhtgLjx

[Pip @Piprwa]

Learn More :

https://t.co/KemYfh27zm