Live derivatives market · Collectibles

TRADE OPTIONS
ON POKÉMON
CARDS.

Calls and puts on the market's grail cards. Speculate on the next chase card, hedge the binder you already own, or collect premium like a market maker — fully collateralized, on-chain.

$1.0MVault liquidity
19Listed cards
24/7Market hours
STRIKE · $800
CHARIZARD 850C+38.2% · $52 prem
MOONBREON 900PIV 85% · $88 prem
The four trades

EVERY POSITION STARTS WITH ONE OF THESE.

Options give you four ways to trade a card without ever shipping it. Each contract controls one card at a fixed strike price until expiry — cash-settled against live TCG market data.

LONG · PAY PREMIUM

BUY A CALL

strike profit ↑

Pay a small premium now for the right to buy at the strike. If the card rips past it, your upside is unlimited — your risk is only the premium.

You believe: this card is going up.
SHORT · EARN PREMIUM

SELL A CALL

strike premium kept

Collect the premium upfront. As long as the card stays below the strike through expiry, every cent of it is yours to keep.

You believe: it won't rise past the strike.
LONG · PAY PREMIUM

BUY A PUT

strike profit ↑

Pay a premium for the right to sell at the strike. When hype fades and the price bleeds, the put gains value fast — or insures your own copy.

You believe: this card is going down.
SHORT · EARN PREMIUM

SELL A PUT

strike premium kept

Get paid to name your entry. Keep the premium if the floor holds — and if it doesn't, you're effectively buying the card at a discount you chose.

You believe: it won't fall below the strike.
Options chain

PICK A CARD. PICK A STRIKE.

Live chains on the market's most-traded grail cards, priced by a Black-Scholes engine off real TCGplayer market data. Click any strike to open it in the terminal.

Call bidCall askIV Strike IVPut bidPut ask

// 30d expiry · cash-settled vs live TCG market price · 1 contract = 1 card

How it works

FROM DEPOSIT TO SETTLEMENT IN THREE STEPS.

1

Connect your wallet

Connect on Robinhood Chain and grab test USDG from the faucet. Buying options only costs the premium; writing them locks fully-collateralized margin sized to the position.

collateral · USDG
2

Pick your contract

Choose the card, the strike, the expiry, and the side. Premiums are priced live by a Black-Scholes engine off real market data — the collectibles market never closes here.

expiries · 7d to 180d
3

Settle on-chain

Every contract is backed 1:1 by locked collateral in the vault and cash-settles against the card's market price. No shipping, no grading disputes, no counterparty risk.

settlement · automatic
Who it's for

TRADERS. COLLECTORS. MARKET MAKERS.

HEDGE THE BINDER.

Your collection is a portfolio whether you treat it like one or not. A collector holding thousands in vintage holos can buy puts on the cards they own and sleep through the next market-wide drawdown — insurance priced by the market, not by a broker.

protective puts collar strategies downside hedging

SPECULATE WITH DEFINED RISK.

Think a reprint tanks a set, or a nostalgia wave sends an old card vertical? Express it with a contract instead of a four-figure slab.

EARN LIKE THE HOUSE.

Write covered calls against cards you already hold, or provide liquidity to the vault and collect the house edge on every trade.

GOTTA HEDGE 'EM ALL.

The first on-chain derivatives market for Pokémon cards. Connect a wallet and trade your first contract in under a minute.

Open the terminal