Mainnet and launch is live. $CERT
CA: 0xb01356a005403c38c0fb01bd0aafe51e81ab9b07
We’re the first to turn @Robinhoodapp Chain equity perps into tokens you can actually hold onchain.
How it works:
$USDG in
→ a per-asset vault requests the matching equity-perp hedge
→ a keeper opens it on Robinhood Chain Lighter
→ settlement mints the certificate to your wallet
Each asset has its own vault, market, margin, and hedge.
uTSLA
uSPY
uQQQ
uNVDA
uAAPL
uMSFT
Not shares. No dividends or voting rights.
Just perp-backed equity exposure that can live in a wallet instead of a trading tab.
The certificate should be the simple part.
Under it:
- the hedge
- the margin
- the proof
- the exit path
The holder should not have to touch the perp screen to keep stock exposure.
that’s what UseCert is building.
Stack 5 has completed an independent review by Sermium.
They reviewed the six certificate vaults, price oracles, solvency and capacity controls, both staking pools, fee split, signer endpoint and staking pages.
Result: 0 Critical, 0 High findings.
More importantly, no path was found to take holder or staker principal. The exit path also kept working in testing with the price feed unavailable for 30 days, and without an attester or keeper online.
The venue itself and our off-chain services were outside that audit scope.
What changed immediately:
• Fees are now forwarded hourly, rather than arriving as a large reward drop that can be timed.
• The insurance pool receives no fee flow until it has actual depositors.
• New alerts watch for insurance shortfalls and any gap between certificates issued and the hedge behind them.
• Staking now supports partial withdrawal requests and uses the same calculations as the contracts.
What happens Wednesday:
Phase B is signed by 2 of 3 Safe owners.
At 08:09 UTC on 30 September, the public two-day delay ends. The already-proposed settlement keys, trading keys and venue minimums can then activate.
uTSLA opens first, capped at $1,000.
One real $20 cycle:
mint → hedge → redeem → claim.
Only after that do the other five vaults move forward.
The remaining contract-level findings are being carried into the next versions. Before the other vaults open, the settler and attester keys move onto a separate server from the trading keys.
there is now a hard line between “after-hours” and “this feed is frozen.”
60 minutes without a Chainlink update.
not vibes. not a red badge because price moved.
the stats page writes down the exact cut-off so everyone is looking at the same problem.
What to expect:
- The new vaults come out of our own internal security review. They have not been externally audited, so they open small and capped.
- Certificates are synthetic: no shareholder rights, and no dividend is paid out.
Verify yourself: https://t.co/ln2zM1e7Jp
Six vaults now have their own venue accounts.
The Safe wired each vault to fees + insurance. Trading and settlement keys are proposed on-chain, but cannot activate for two days.
54 checks passed.
Minting stays closed until Phase B. uTSLA opens first, $1k capped.
Public stats at https://t.co/iIMPEf3YpG:
the gap between the price feed and the trading venue, funding by stock, and what happens to prices over weekends. It updates every 5 minutes, with CSV and JSON downloads.
- Built and waiting for the vaults: borrowing USDG against your certificates on Morpho, with a conservative weekend rule, and scheduled buying (DCA) straight from your wallet.
GM @RobinhoodApp
What changed:
- total return
Each certificate now tracks the Robinhood stock token for the same stock.
- Dividends are reinvested by Robinhood, so they show up in the certificate's price. No dividend is ever paid out; UseCert funds the matching hedge from its own buffer and fees.
- Stock splits are absorbed the same way, so the certificate's price stays continuous through a split.
- The hedge now matches exactly: it is sized in shares at the token's multiplier. Minting pauses automatically while Robinhood applies a split. Redemption never pauses.
Check it out now - https://t.co/bTvzyHlEJJ
OUR PLANS:
- Phase A: our 2-of-3 Safe wires the vaults to the fee split and the new insurance pool, and proposes the trading keys. That starts a public 2-day delay.
- Phase B: two days later, those changes apply.
uTSLA opens first, capped at $1,000, with one real round trip. Then uSPY, uQQQ, uNVDA, uAAPL and uMSFT.
Stay Close - https://t.co/bTvzyHl6Ub
UseCert tech update #14: the new certificates activate on Monday
The new certificate vaults go live on Monday, and they arrive with a real upgrade: each certificate now tracks the full return of its stock, dividends included.
Why Monday ?
Every certificate is priced by a Chainlink feed, and our new price oracles refuse to start on a stale price. That's a deliberate safety check. The stock feeds don't update at weekends, so the oracles can only be created once they move again after Monday's US open. It's all prepared and signed: as soon as the prices update, our server creates the six oracles and deploys the six vaults. It tests every step on a copy of mainnet first and stops at anything unexpected.
- @RobinhoodCrypto
Site audit, fixed.
uSPY and uMSFT now resolve properly. Unknown vault routes no longer pretend to be uTSLA: they return 404s.
Each page now has its own metadata, shared links have previews, and the sitemap is live.
audit: https://t.co/VYzz2SRKx8
code: https://t.co/k5NowesbSb
Stack 4 is live.
15 contracts now sit behind a 2-of-3 Safe. The deployer can submit, but not approve, transactions alone.
Stack 3 was replaced because governance is set at deployment.
6/6 vaults passed mint, redemption and claim cycles. 27/27 are runtime-verified.
The attester remains a single hot key.
If an oracle gets weird, freeze new leverage, don’t freeze the guy trying to pay back his loan.
That is the rule in the V2 lending design: borrow pauses; repay and withdraw still work.
Sounds obvious. it rarely is.
We found 3 mismatches between GitHub and what was actually running in production.
Fixed all 3.
The release manifest now checks every deployed script, config and site file against GitHub every hour.
12/12 server files match.
230/230 site files match.
we also removed the testimonials. the homepage now shows real mainnet mints and redemptions, linked to their transactions.
27/27 UseCert contracts are checked against Sourcify, and every receipt now has its own onchain timeline.
K2 fee routing is built and tested, but not deployed. it needs a new vault stack and migration first.
https://t.co/WX0w7hxeY0
The weirdest onchain stock trade starts after Wall Street closes.
Oracle freezes.
Perp keeps moving.
Basis starts acting possessed.
We are designing a short-dated basis product around that gap instead of pretending it does not exist.
If almost all the stock-perp liquidity sits with one deployer, that is not a footnote. it is a product risk.
V2 needs a router, more than one hedge venue per ticker, and a written fallback for when a market goes dark.
It sounds boring until it is the only thing that matters.
Staking V2 is live.
Insurance exits: 10-day cooldown. Wallet hops don’t bypass it. Draws cover only real vault shortfalls.
CERT staking stays liquid, never insurance.
V1 is exit-only. V2 is capped, verified, unaudited.
Fees start with new vaults. Until then: zero.