Derivatives market · live

CALLS AND PUTSON GRADED CARDS.

Buy calls, sell calls, buy puts, sell puts — on Pokémon cards instead of tickers. Speculate on a grail, hedge a collection, or write premium against cards you already own. Fully collateralized, on-chain, 24/7.

LIVE
Vault liquidity
12
Card markets
24/7
Market hours
CALL 20K · SEP PUT 16K · SEP
MOON · Umbreon VMAX
Evolving Skies · Alt Art · HOLO
10GEM MT
30d IV64.2%
Open interest1,284
Next expiry27 SEP
$18,420+4.18%
Four ways to trade

Every position, drawn out before you take it.

Each contract is 1 Pokémon card. Payoff, break-even and maximum loss are shown up front — no hidden margin math, no surprise assignment.

How it works

Three steps from wallet to written contract.

You never ship a card to open a position. Contracts settle in cash against live TCG market prices from pokemontcg.io.

01

Pick a card market

12 card markets, each priced off real TCGplayer data via pokemontcg.io. Connect your wallet on Robinhood Chain and grab USDG from the faucet to start.

02

Choose your side

Buy a call for upside, buy a put for downside, or sell either to collect premium. The payoff chart redraws before you commit anything.

03

Settle in cash

At expiry the contract settles against the card's live market price. No shipping, no grading disputes, no counterparty risk. Fully collateralized in the vault.

LIVE
Vault liquidity
0
Card markets
0
Market hours
0%
Collateralized
Questions

The fine print.

A cash-settled contract on the market price for one specific card in one specific grade. One contract represents one card. You are not buying, selling or storing the physical collectible at any point.

Real-time market prices from pokemontcg.io (TCGplayer data). The Black-Scholes engine prices options off these live spots, with a gentle mean-reverting walk for intraday micro-movement.

That's the main institutional use. Buying puts against cards you hold sets a floor on their value without selling them, and writing covered calls generates income against a collection that would otherwise sit idle in a vault.

Short options are fully collateralized. You post collateral (strike × qty) up front when you write. Your max loss is capped and shown on the ticket before you sell. No margin calls — collateral is locked in the vault until expiry or close.

Any card available on pokemontcg.io with reliable market price data. Currently 12 of the most iconic holos and chase cards from Base Set, Evolving Skies, 151, and other classic sets are listed.

EVERY GRAIL
HAS A PRICE.

Now it has a market. Trade calls and puts on 12 Pokémon card markets in under a minute.