One premium. Fixed terms. Two possible outcomes.
Payoff turns Buy Low and Sell High strategies into clear orders. You deposit full collateral and receive a premium when the trade opens. The dealer gets the right to exercise during a defined window. The dealer decides whether to exercise; reaching the target price does not trigger an automatic trade.
Lock the agreed USDG amount and receive a net premium when the trade opens.
The dealer receives your USDG. You can claim the agreed quantity of wrapped stocks.
Reclaim the USDG you locked and keep the premium.
Lock the agreed quantity of wrapped stocks and receive a net premium when the trade opens.
The dealer receives your wrapped stocks. You can claim the agreed USDG amount.
Reclaim the wrapped stocks you locked and keep the premium.
The app converts NVDAx into wNVDAx at the current exchange rate. Once opened, the wrapped quantity and USDG settlement amount are fixed. The reference target is a stock-unit view at that moment, not a permanently fixed price per native stock token.
Dividends, splits and reverse splits may change the stock quantity behind each wrapped token. The product does not settle those changes separately: the underlying rights transfer with the wrapped tokens. Your final assets may differ from simply holding stocks.
Premiums are paid when the trade opens, and the app shows the amount after protocol fees. They do not guarantee a positive total return: stock price changes affect the outcome. Assets stay locked until exercise or expiry. Quotes can expire or become unexecutable before a trade completes.
Use your wallet to prepare collateral, review a dealer quote and open a position on X Layer Testnet. Quotes are available 24/7 and can use the last valid option bid during market closures. tNVDAx and twNVDAx are test tokens, not issuer-backed stocks.