When stocks fall,Chute pays out.
Drop cover for AAPL, NVDA, TSLA and five more Stock Tokens on Robinhood Chain. Pay a small premium once. If the price ends below your line, you get USDG.
Price a week of cover on the live price.
Pick a stock and a value. The chart shows what the cover pays for every price at expiry: nothing until the stock is 10% down, then more with every dollar it falls, up to the band's floor at 30%.
Cover a week of
10% to 30% dropStarts paying if NVDA ends the week under ….
Protect NVDAOne cover, three endings.
A week of $1,000 cover from a 10% drop down to 30%, priced from the book on today's Chainlink price.
The cover expires unused. You kept every share of the rally.
The drop past 10% is paid to you in USDG at expiry.
The cover pays its maximum, the full band from 10% to 30%.
Two sides of every cover.
- Pick the stock, the value, one to four weeks and how deep a drop to cover.
- Pay the premium once. That is the whole cost, shown before you sign.
- If the Chainlink price ends inside the band, the payout lands in USDG.
- No need to sell or even hold the stock. Cover works on its own.
- Lock USDG and choose the stock, the term, the band and your premium.
- Premiums land in your wallet the moment someone buys.
- If the stock stays above the band, all of your USDG comes back.
- The most you can lose is what you locked, never more.
What a week of cover costs today.
Cheapest open offer for $1,000 of 10% to 30% cover over seven days.
The market right now.
US prices and the move since the last close, refreshed every 30 seconds.
Questions, answered.
Is this insurance?+
It works like a simple put: a contract that pays in USDG when a stock token's Chainlink price ends below a line. Nobody files a claim, nobody approves it. The price decides.
What exactly do I get paid?+
The part of the drop inside your band, on the value you covered. With $1,000 of 10% to 30% cover, a 18% drop pays $80 and anything past 30% pays the full $200.
Who stands behind the payout?+
The writer of the offer. The full maximum payout is locked in the contract the moment you buy, so it is there at expiry whatever happens.
Which price is used?+
The Chainlink feed for the stock on Robinhood Chain, the last update at or before the expiry time. Anyone can trigger settlement once expiry has passed.
Can I lose more than the premium?+
Holders can't: the premium is the whole cost. Writers can lose up to the USDG they locked, and keep every premium either way.