The uQQQ vault holds a fully backed long on the Nasdaq 100 perp on Robinhood Chain and mints certificates against it, one token's worth of exposure plus tUSDG margin behind every certificate in circulation.
Vault
CertVault (factory-deployed)
Delta target
1.0, checked each attested batch
Chain
Robinhood Chain
The Nasdaq 100 is where on chain traders go for tech beta, and every unit of it is a leveraged perp position. Holding it means funding, margin, and a liquidation price on what should be a long term allocation.
Tech beta is a portfolio decision, not an intraday position. On Robinhood Chain it was locked inside an instrument that forces you to trade it like one.
Deployed on testnet 46630Price, supply, buffer and delta drift are read from the vault, the certificate and the oracle on the dashboard, each one shown with the age of the attestation it rests on. No figure for this vault is published here, because nothing on this page reads the chain.
Full solvency viewThe results
Backing ratio target, enforced in the vault's solvency math at each attestation
Conditions that can refuse a redemption — forceExit is gated on nothing. Above the instant cap redemption is queued, not refused.
Deposit tUSDG, receive uQQQ at oracle price in the same transaction. Burn uQQQ, receive tUSDG back the same way. The vault's solvency math is proven on-chain at every attestation and published with the age of that proof, so none of this requires trusting us.
The vault opens an equivalent long on the Nasdaq 100 perp the moment you deposit. Delta target 1.0, enforced by a band check on each attested batch and rebalanced permissionlessly: rebalance() is callable by anyone.
Funding accrues to a per-asset buffer: positive funding grows it, sustained negative funding draws it down, and past a published threshold the remainder becomes a transparent holding fee. Buffered, then fee'd, never hidden.
The whole desk runs tech beta through perps today. A certificate turns that trade into inventory we can actually hold.
