How it works

One clock, every leg, all or nothing.

A slip is a stack of separate price bets tied into one ticket. Each is easy on its own. Together they are hard, and that is what the multiplier is paying for.

The five rules

  1. Set the clock. Fifteen minutes to twenty-four hours. Every leg shares the same window. A shorter clock means a bigger move per leg, and a bigger multiplier.
  2. Stack your legs. Two to six assets, each with a direction and a target. You never type a percent: you pick a tier and the board shows the move.
  3. Touch once and it locks. A leg lands the moment price reaches its target, even for a second. It can fall back afterwards and the leg stays landed.
  4. One miss kills it. Every leg has to get there before the clock ends. Land them all and you take the combined multiplier.
  5. Mix the categories. Three memecoins move together, so they price close to one bet made three times. A memecoin, a chip stock and gold are three real bets and pay several times more.

Tiers

A tier is what each leg pays. The engine then works backwards: it measures the asset’s own volatility and puts the target where the chance of touching it is worth exactly that payout.

1.6xSafeFour legs pays about 7x
2.4xBoldFour legs pays about 33x
4.0xWildFour legs pays about 256x

A calm equity needs a fraction of a percent where a memecoin needs several, and both pay the same, because both are equally likely to get there.

Where the multiplier comes from

Each leg is priced as the probability of touching its barrier at least once inside the window, measured from that asset’s realised hourly volatility. That is a first-passage problem, not a coin flip — pricing a touch as if it were a close underprices every leg by roughly half.

Multiplying the legs together is the naive answer and it is wrong. Assets that move together make a slip far easier than the product suggests, so a book that prices them as independent gets drained on one market-wide green candle. We measure how each pair actually moves and join the legs on that.

Two things follow, and both are enforced rather than promised. Adding a leg can never lower your multiplier, because requiring more things to happen cannot make a slip more likely. And the same slip always quotes the same number, because a quote is a pure function of your legs, tier and clock — there is nothing to gain by refreshing.

What happens after you stake

  1. The quote is signed. It expires two minutes later, and the expiry sits inside the signature, so a client cannot ask for its own price or extend one.
  2. Exposure is reserved. The worst-case payout is set aside against the book before the slip opens, with a cap per asset and across the whole book. A slip that would breach either is refused when you ask for a price, not after.
  3. Ticks are recorded. One price per asset per minute is written down. Legs lock against those records, not against a number read live at settlement.
  4. It settles itself. A worker checks every open ticket and pays a winning slip back automatically. The same ticks always produce the same result.

Where the prices come from

Tokenized equities settle from the Chainlink aggregator deployed on Robinhood Chain. Those feeds run on market hours, so a weekend deadline waits for Monday’s print rather than resolving against Friday.

Memecoins are Pons tokens that have graduated their bonding curve into a Uniswap V4 pool, priced from that pool. Graduation is the listing gate: about 537 tokens a day clear it out of roughly 25,900 launches, and each one had real capital pushed through the curve to get there. A token that has not traded since graduating is not listed at all, because a price that never moved is not a measurement.

Balances

Balances are play money while we find out what people want to trade. Nothing to deposit, nothing to withdraw. Connecting a wallet identifies you and puts you on the right chain; it does not move funds.