Options on
everything.

Fully collateralized American calls and puts on Robinhood Chain. Buyers risk the premium paid; writers lock the complete delivery obligation before an offer can be listed.

Start trading →

$RAVE CAPending listing

Assets
Equities, commodities, ETH
Settlement
Physical, on-chain
Network
Robinhood Chain
Contracts
Calls, Puts, American
Surface · 014SOL-USD

Surface 014. Implied volatility across strikes and expiries on SOL-USD, sampled 03:42 UTC.

Live feed
MAINNET 4663COVERED CALLSCASH-SECURED PUTSPHYSICAL SETTLEMENTPOSITION NFTSNO PROTOCOL FEEMAINNET 4663COVERED CALLSCASH-SECURED PUTSPHYSICAL SETTLEMENTPOSITION NFTSNO PROTOCOL FEE
Field 01New here

Never traded an option?
Start here.

Rave is an on-chain exchange for options. An option is an agreement that lets you lock in a price today for a trade you can decide to make later — or skip entirely. Every contract here is backed by collateral locked before the offer is listed, and this build is experimental, unaudited software.

An option is a choice.

You pay a small fee up front for the right, never the obligation, to trade at a fixed price before a deadline. If the trade stops making sense, you walk away and lose only that fee.

Fee paid = worst case

Calls and puts.

A call fixes the price you can buy at, so it rewards you when the asset climbs. A put fixes the price you can sell at, which rewards you when it falls — or shields coins you already hold.

One rises · one falls

Nothing is promised.

Whoever sells you a contract must deposit everything they could owe before their offer is allowed to appear. Nobody here can pledge more than they have already handed over.

Backed before listed
You pay
12 USDG, up front
You get
The right to buy 0.1 ETH
Fixed price
300 USDG
Deadline
About 30 days
If you walk away
You lose only the 12
If you go through
Pay 300, receive the ETH
Field 02Three primitives

Solvent derivatives
infrastructure, enforced on-chain.

One receipt, one position.

A confirmed purchase mints an ERC-721 position that is read directly from contract events.

Wallet-owned · event-indexed

Offers,
permissionless.

Writers choose strike exchange, premium, amount, and expiry after approving exact collateral.

Covered · cash-secured

Risk, defined by premium.

Long options cap your downside at the premium paid. Hedge a bag, sell covered calls against it, or take leverage without a liquidation price.

Δ 0.96 · no liq
Field 03How it works

Four steps from bag to position.

Meme coins have been spot-only casino chips since day one. You buy, you hold, you pray. RaveOptions gives them the same instruments the majors have had for decades: strikes, expiries, premium, and a book deep enough to actually exit.

Built for traders who already know their Greeks, and for communities who want more than one button to press on their own token.

Field 04Live markets

Robinhood Chain offer templates.

Chain 4663
Unaudited
MarketSettlePremiumAmountState
Physical15 USDG0.1 ETHTemplate
Physical12 USDG0.1 ETHTemplate
Physical18 USDG1 GLDTemplate
Physical9 USDG1 AAPLTemplate
Collateral assets15Equities, commodities, and ETH
Settlement1:1Atomic asset exchange
Collateral100%Locked before listing
Protocol fee$0Protocol v1

Read the contract.
Inspect every receipt.

Rave v1 settles real asset exchanges. Connect a wallet, hold USDG, and buy any fully collateralized offer a writer has listed on the configured deployment.

Open the app →
Network
Robinhood Chain · 4663
Settlement
Physical token exchange
Status
Unaudited mainnet