Covered calls · Pons launches · Robinhood Chain · ETH settled
Name your strike.
Covered calls on Pons tokens. Writers lock the bag and get paid up front. Buyers pay a premium for the right to the upside. Settled in ETH on Robinhood Chain.
- Curves live
- 13.2K5.2K graduated
- 24h curve volume
- 3.1K ETH$7.37M
- Trades 24h
- 85.1Kon-chain, every curve
- Calls on the book
- 0be the first writer
WORM$0.003203Grad$0.004004$0.004805$0.006407$706.0K
PRIORS$0.000000000034Grad$0.000000000043$0.000000000051$0.000000000068$563.7KSODI$0.00001507Grad$0.00001884$0.00002261$0.00003014$538.9K
sockets$0.00006036Grad$0.00007545$0.00009054$0.0001207$510.9K
ORBIO$0.3654Grad$0.4568$0.5482$0.7309$487.1K
NOVAAI$0.5047Grad$0.6309$0.7571$1.01$432.6K
microduck$0.0834Grad$0.1043$0.1251$0.1669$374.4K
No wallet to connect — Strike created one for you in this browser. Fund it, write or buy a call, and every deposit and payout settles on Robinhood Chain mainnet through the Strike treasury.
Settlement live0x15cB…8f8a- PRIORS$0.000000000034Grad
- microduck$0.0834Grad
Fries$0.00002318Grad
GAGE$0.005092Grad
VRAX$0.000000000011Grad
HARMONIC$0.002888Grad
GRIFT$0.002546Grad
GOLD$0.005164Grad
**$0.0001364GradCREORA$0.001556Grad
SBANK$0.00005436Grad
WIN$0.00002791Grad
ZZZ$0.0118Grad
- PRIORS$0.000000000034Grad
- microduck$0.0834Grad
- **$0.0001364Grad
| Token | Price | Trades 24h | Curve | Mkt cap | Curve ETH | Vol 24h | Calls |
|---|---|---|---|---|---|---|---|
| $0.003203 | 5286 | Grad | $3.07M | $155.5K | $706.0K | — | |
| PRIORSGraduatedPriors Agents | $0.000000000034 | 997 | Grad | $14.51M | $1.52M | $563.7K | — |
| $0.00001507 | 3698 | Grad | $15.0K | $11.4K | $538.9K | — | |
| $0.00006036 | 6991 | Grad | $71.3K | $24.1K | $510.9K | — | |
| $0.3654 | 1430 | Grad | $31.29M | $490.6K | $487.1K | — | |
| $0.5047 | 592 | Grad | $438.96M | $2.02M | $432.6K | — | |
| microduckGraduatedmicroduck | $0.0834 | 1119 | Grad | $7.76M | $237.7K | $374.4K | — |
| $0.00002318 | 4024 | Grad | $23.2K | $13.8K | $332.8K | — | |
| $0.005092 | 716 | Grad | $5.10M | $203.0K | $310.2K | — | |
| $0.000000000011 | 1650 | Grad | $4.81M | $178.2K | $293.1K | — |
- PRIORSGraduatedMC $14.51M · Liq $1.52M$0.000000000034Grad
- microduckGraduatedMC $7.76M · Liq $237.7K$0.0834Grad
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When a holder writes a covered call it appears here within seconds. Be the first — your tokens stay in escrow and you keep the premium if it expires.
Create a callHow it works
One contract. Two sides. Fully collateralized.
Writer locks tokens
A holder picks a Pons token, quantity, strike, premium and expiry. The full quantity moves into the escrow on Robinhood Chain.
Buyer pays the premium
A buyer pays ETH for the right — not the obligation — to buy the escrowed tokens at the strike any time before expiry.
Exercise is atomic
Strike ETH goes to the writer and the escrowed tokens go to the buyer in one transaction. No backend can authorize or block it.
Expiry returns collateral
If the call is never exercised, the writer reclaims the tokens on-chain after the clock runs out and keeps the premium.
Worked example
$DOG at 0.000001 ETH · 100,000 DOG call
- Strike
- 0.0000015 ETH / DOG
- Premium
- 0.01 ETH
- Expiry
- 1 hour
- Exercise cost
- 0.15 ETH
- If DOG → 0.000002 ETH
- +0.04 ETH buyer
- If it expires
- −0.01 ETH buyer
Profit shown before gas and slippage. The writer keeps the 0.01 ETH premium in both outcomes but gives up every wei of upside above 0.0000015 ETH and keeps all downside on the 100,000 DOG.