Overview
Nash Protocol is the credit and leverage layer for tokenized assets, designed for Robinhood Chain. Its core products are isolated collateral borrowing, ERC-4626 stablecoin yield vaults, 1-click long and short exposure, and keeper-automated position management.
It is built on one idea from game theory. John Nash showed that a system is stable when no participant can do better by changing strategy alone. Nash Protocol designs markets the same way: isolated pairs so one asset’s bad day stays contained, and incentives that make the individually rational move the one that keeps the system healthy.
Isolated by design
Every lending pair is its own sealed room. When one asset has a bad day, the damage stays in that room. There is no shared pool for it to travel through.
Incentives that line up
Lenders earn yield from borrowers who pay for credit. Borrowers set their own risk, and Auto-Protect acts on that rule before a liquidator ever could.
Leverage without the cliff
Open a long up to 2.5× or short any listed asset in a single transaction. Choose a loan ratio you are comfortable with and let the protocol watch it for you.
How it works
- Supply. Supply stablecoins to an ERC-4626 vault. Borrowers pay for credit, and you earn from it.
- Borrow or trade. Deposit collateral and borrow USDG within a market’s loan ratio, or go long or short in a single transaction.
- Auto-Protect watches. Set the risk threshold you are comfortable with. Keepers deleverage you before a liquidator could.
- Repay and withdraw. Repay your debt and withdraw your collateral, or take your supplied assets back out of the vault.
Markets
Each market is a separate pair, so risk never pools across assets. A market needs a fresh oracle price and available liquidity before it takes new exposure; stale prices or paused markets block it.
Explore tokenized equities, compare market parameters, and choose where to put your assets to work in the market directory.
Chinese equities
Access verified tokenized Chinese company exposure through US-listed ADRs on Robinhood Chain, featuring isolated USDG credit, spot swaps, and spot-backed leverage. See Chinese equities.
Pons
Tokens that completed the Pons bonding curve and meet liquidity, market cap, and oracle requirements for leverage trading. See Pons markets.
Earn
Supply stablecoins to ERC-4626 vaults and earn from borrowers across isolated markets. Review each vault’s allocation, utilization, and withdrawal conditions before you deposit. Risk you can size, one market at a time. Browse the vaults.
Lending
Deposit collateral into an enabled lending market, then borrow USDG within its LTV limits. The market needs a fresh oracle price and available liquidity. Manage repayment and withdrawals from the same page. Start in Lending.
Trade
Go long or short tokenized stocks in a single transaction, with Auto-Protect watching the downside while you watch the tape. Longs go up to 2.5× on this deployment. Quotes include swap fees and price impact; stale prices or paused markets block new exposure. Open Trade.
Auto-Protect
Auto-Protect is an automated keeper defense that partially deleverages your position when it approaches a risk threshold you define. Keeper nodes repay debt before a third-party liquidation can occur, protecting your equity.
Risks
Leverage magnifies losses as well as gains, and you can lose some or all of your collateral. Isolated markets limit how far a shock can spread, but they do not remove market risk. Start small and pick a loan ratio you are comfortable with.
Nash Protocol is experimental software on Robinhood Chain. Leverage can lose all of your collateral. Nothing here is financial advice.
Status
Lending and Long/Short are available market by market once a market’s price feed, liquidity and launch checks pass. Earn and Auto-Protect open as each is verified. Markets that are not open yet are shown as paused.
More answers are in the FAQ.