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Clox Market is two ways to be right about the same asset. A prediction market for binary outcomes, and perpetual futures for leveraged price exposure, both on Robinhood Chain assets, both settled onchain.

What Clox is

Robinhood Chain puts real assets onchain as tokens: stocks like NVDA and TSLA, ETFs like SPY and QQQ, private companies like SpaceX, and crypto. Clox is a place to take a position on any of them, 24 hours a day, without the underlying market being open.

There are two instruments. A prediction market, where you pick a side of a yes or no question and get paid if you are right. And perpetual futures, where you take a leveraged long or short on price. Same wallet, same balance, same settlement layer.

One balance, two products

You deposit USDG once into the Vault. That single balance backs both products, so moving between a prediction and a perp never means withdrawing and redepositing.

The vault splits your balance into free and in play. Free is withdrawable at any time. In play is committed to an open bet or position and is released when it settles.

Only the two market contracts can move collateral, and each can only ever pay out of what it holds. Nothing in the system can create collateral that was not deposited.

Prediction markets

Every market is a yes or no question with a deadline. You stake USDG on a side. The odds you see are the pools themselves: if the YES pool is 65% of the total, the market is pricing that outcome at 65%.

Settlement is parimutuel. Winners get their stake back and split the losing pool in proportion to what they staked. A 2% protocol fee is taken from the losing pool only, which means a winner is never paid less than their stake.

payout = stake + (stake x losing pool x 0.98) / winning pool

If nobody took the other side, or nobody took the winning side, everyone is refunded in full and no fee is charged. There is no leverage here, no liquidation and no margin call. The most you can lose is what you staked.

Perpetual futures

Perps are leveraged exposure to price with no expiry. Pick a market, post USDG as collateral, choose up to 20x, and go long or short. Position size is collateral times leverage.

Mark price comes straight from a Chainlink feed. There is no orderbook in v1, so you are always filled at the oracle price with no spread and no slippage.

Funding is charged hourly and keeps the book balanced. The rate is the open interest imbalance over total open interest, scaled by 0.01 and capped at 0.05% per hour. When longs outweigh shorts, longs pay shorts.

Liquidation happens when your collateral plus unrealised profit and loss falls below 5% of position size. At 10x that is roughly a 5% move against you. Anyone can trigger a liquidation and keeps 1% of the remaining collateral. The rest goes back to you.

The protocol treasury is the counterparty, so open interest is capped per market and the engine will not accept a position larger than it can settle.

Prices and settlement

Every price in Clox comes from a Chainlink feed on Robinhood Chain, at 8 decimals. The charts are not a third party price API: each point is a round the oracle actually published, read back from the aggregator.

Price based prediction markets resolve permissionlessly. Once the deadline passes, anyone can call resolve and the contract reads the feed itself. There is no discretion and nothing to dispute. Markets about real world events with no feed are the exception and are resolved by the admin.

16 assets currently have perp markets, and the prediction markets cover the wider Robinhood Chain asset set.

Getting started

You need an EVM wallet on Robinhood Chain, some ETH for gas, and USDG to trade with. Clox is non custodial: you sign every transaction and your keys never leave your device.

  1. Connect a wallet. Any EVM wallet on Robinhood Chain, chain id 4663.
  2. Deposit USDG on the deposit page. Approve once, then deposit.
  3. Take a side on a prediction, or open a leveraged position on a perp.
  4. Withdraw any free balance whenever you like.

Contracts

Risk

Clox is new and the contracts have not been audited. Treat it accordingly and do not put in more than you are willing to lose.

Positions are public onchain. Anyone can see any address and what it holds. Clox makes no privacy claim of any kind.

Perps carry the risks leverage always carries. A 5% move against a 10x position liquidates it. Funding is a running cost on the heavier side of the book. And because the treasury is the counterparty in v1, its size bounds how much open interest the engine will accept.

Nothing here is investment advice.