Documentation
Everything about Pulsar: Autopilot vaults, the 24/7 chain, the strategist and the protocol underneath.
CONTRACTROBINHOOD CHAIN · 4663
$ chain robinhood · 4663
$ token $PULSAR
$
Start here
Set up, the big picture and how every piece fits.
OverviewPulsar is a 24/7 options exchange and yield engine for tokenized stocks on Robinhood Chain.2 minQuickstartConnect a wallet on Robinhood Chain, pick a path, and put your first tokenized stock to work.2 minHow Pulsar worksCollateral is locked at entry, options are priced in every session, and premium is released to you second by second.2 min
Autopilot
One-tap vaults that write options on the stocks you hold.
Vaults overviewOne tap deposits your tokenized stock or USDC into a strategy vault that writes options for you.1 minCovered callThe vault writes calls against your tokenized shares and streams the premium to you per second.2 minCash-secured putThe vault sells puts backed by your USDC and takes delivery of the share if assigned.1 minCollarThe vault writes a call and buys a put on your shares, capping both upside and downside.1 minPremium streamingPremium is released to you linearly, per second, over the life of each option. Withdraw what has accrued at any time.1 minYield stackingCollect tokenized-stock dividends and options premium in a single vault position.1 minLadder builderAutomatically spread a position across strikes and expiries to smooth yield.1 minShield modeA one-click portfolio hedge that buys protective puts sized to your wallet.1 min
Trading
A chain that never closes, perpetuals and the pro desk.
24/7 options chainTrade calls and puts on tokenized stocks in regular hours, pre-market, after-hours and on weekends.1 minPerpetual optionsCalls and puts with no expiry. The buyer pays a continuous funding rate to the writer instead of rolling.1 minCross-marginOne collateral pool margins positions across every ticker. Offsetting legs are netted, with no liquidation price.1 minEarnings modeShort-dated event options and IV-crush vaults timed around earnings releases.1 minInstant exercisePhysically settled contracts deliver the tokenized share in the same block as exercise.1 minPosition NFTsEvery open option is a transferable NFT that can be sold or gifted before expiry.1 minRFQ block desk1 minVolatility index tokenA tradable index tracking implied volatility across the top Robinhood Chain stocks.1 min
Tools
The strategist, the lab and everything around a trade.
AI strategistDescribe a view in plain English and get an executable, hedged, multi-leg strategy. Nothing executes until you sign.1 minLive risk radarReal-time Greeks, assignment probability and liquidation-free stress tests for every position.1 minBacktest labReplay any strategy against historical tokenized-stock prices before deploying it.1 minStrategy marketplacePublish a vault strategy and earn a share of performance fees from followers.1 minOptions-backed credit lineBorrow USDC against covered positions without closing them, sized to the position's protected floor.1 minGasless tradingAccount-abstraction wallets with fees paid from earned premium.1 min
Protocol
Collateral, settlement and the risks, in plain words.
Collateral modelEvery position is collateralized for its maximum obligation at the moment it opens. No liquidation price exists.1 minSettlementCash legs settle in USDC. Physically settled contracts deliver the share in the same block. Every position is an NFT.1 minRisksOptions can lose value, off-hours prices can gap, and contracts carry risk. Stated plainly.1 min
Reference
Definitions, answers and the full source document.