NVDABTC
NVDA / Bitcoin
crypto

Finally something that isn't just another restaking loop on top of a restaking loop. The PFE YT trade is the interesting one here, 6% yield split into its own token is actually a proper use case. NVDA PT feels more like a gimmick though, buying a discounted version of a stock that already barely pays a dividend seems like overengineering for the sake of it

Pendle just launched PT and YT markets on tokenized NVDA and PFE dividends through Robinhood

That part is actually pretty sick. If you go with Creator Fee the payout is in the quote token. So something paired with NVDA pays the fee recipients in tokenized NVDA.

Quick background. Robinhood launched its own chain with tokenised stocks (NVDA, TSLA, GME, SPY, AAPL and about 190 others) and Chainlink publishes price feeds for them on-chain. That made a paper-trading contest with provable prices possible, so I built one. It's called Tendies Cup.
How it works:
* Enter and you get a virtual $100,000. Everyone starts level.
* The Opening Cup runs five trading days, Monday 00:00 UTC to Friday 20:00 UTC. You trade 15 Stock Tokens: NVDA, TSLA, GME, SPY, QQQ, AAPL, MU, AMD, PLTR, MSTR, COIN, CRCL, META, AMZN and MSFT.
* Every fill is at the live Chainlink mark for that token. No DEX prints, no screenshots, no arguing about price. The round id is stored with the fill.
* Long only for this cup, max 40% of your book in one name, 20 fills, 10 bps paper fee per fill so you can't churn for free. Trading locks 15 minutes before the close.
* Best book value at the close wins. Under 20 entries the top 3 are paid, from 20 entries the top 10 split it.
* Every book is public. Tap any row on the leaderboard and you see their open positions or that they're sitting in cash. Every fill is in a public audit feed. You can't hide a lucky punt.
The pot is 5 SPY Stock Tokens, about **$3,800** at today's mark. It's sitting in a public wallet you can check on Blockscout right now, and it's paid out to the winners' wallets within 48 hours of settlement. It's set per cup and posted before that cup opens. It isn't a share of entries, and I'm not promising anything about future cups beyond what's posted.
Entry is a burn of 2,500,000 $CUP, which is about $1.24 at the moment. That's the entire token story: it's the ticket. You burn it, it's gone, you're in. No presale, no team allocation. If you already have a wallet on Robinhood Chain you swap on the SPY pool and press Enter. If you don't, Bankr can buy it and enter for you from a prompt.
25 wallets are in so far, so at the moment ten of them finish with SPY. We ran a four-hour crypto-only sprint first as a live test of the settlement flow, small pot, real payout, and the results sheet is on the site.
Site: [app.playtendiescup.fun](http://app.playtendiescup.fun).
$cup token address
0xD475211BEF5dCc03B4c8c864f90bde331AF80ba3

Most people who buy a [DTF](https://app.reserve.org/bsc/index-dtf/buildout/overview?utm_source=reddit) through a zapper never see the actual mechanism underneath, they just swap USDC for a token. It is always worth breaking down what that token actually represents and where the price comes from, since it's a genuinely different architecture than a traditional ETF.
The DTF token itself isn't a claim on a company or a fund manager's promise, it's a claim on a specific basket of assets sitting inside a smart contract. For Reserve's AI suite, those underlying assets are Ondo Global Markets tokenized equities, each backed 1 to 1 by a real share held in a regulated US brokerage account. So the custody chain looks like this, a real NVDA share sits in a brokerage account, Ondo issues a token backed by that share, and that Ondo token sits inside the DTF's smart contract, with the DTF token representing your claim on the whole basket.
The part that actually keeps price honest is the mint and redeem path staying open to anyone. Minting means depositing the full basket and getting DTF tokens back, redeeming means burning tokens to get the basket back out. Almost nobody does this manually, most people just swap through a zapper, but the path existing at all is what gives arbitrageurs a reason to act. Token trading below basket value gets bought and redeemed for profit, trading above gets minted and sold, and that constant pressure is what keeps market price and NAV from drifting apart without a market maker in the loop.
Liquidity is worth flagging too since it's easy to assume it's shared. It isn't, each DTF token needs its own pool depth on PancakeSwap, 1inch, or CoWSwap, bootstrapped separately from whatever liquidity exists for the underlying stocks. That's a real cost to launching a new basket that people underestimate.
More info and trading: [https://app.reserve.org/?utm\_source=subreddit](https://app.reserve.org/?utm_source=subreddit)
*Not investment advice. $ROBOTS is a concentrated, single-theme basket of experimental tokenized assets. Volatile, illiquid, and may lose value entirely. Not an ETF, not FDIC or SIPC insured. Fees: 0.3% mint plus 0.6% TVL. Not for US or sanctioned-jurisdiction persons. Full terms and risks:* [*reserve.org/terms\_and\_conditions*](http://reserve.org/terms_and_conditions) 

Finally something that isn't just another restaking loop on top of a restaking loop. The PFE YT trade is the interesting one here, 6% yield split into its own token is actually a proper use case. NVDA PT feels more like a gimmick though, buying a discounted version of a stock that already barely pays a dividend seems like overengineering for the sake of it

Pendle just launched PT and YT markets on tokenized NVDA and PFE dividends through Robinhood

That part is actually pretty sick. If you go with Creator Fee the payout is in the quote token. So something paired with NVDA pays the fee recipients in tokenized NVDA.

Quick background. Robinhood launched its own chain with tokenised stocks (NVDA, TSLA, GME, SPY, AAPL and about 190 others) and Chainlink publishes price feeds for them on-chain. That made a paper-trading contest with provable prices possible, so I built one. It's called Tendies Cup.
How it works:
* Enter and you get a virtual $100,000. Everyone starts level.
* The Opening Cup runs five trading days, Monday 00:00 UTC to Friday 20:00 UTC. You trade 15 Stock Tokens: NVDA, TSLA, GME, SPY, QQQ, AAPL, MU, AMD, PLTR, MSTR, COIN, CRCL, META, AMZN and MSFT.
* Every fill is at the live Chainlink mark for that token. No DEX prints, no screenshots, no arguing about price. The round id is stored with the fill.
* Long only for this cup, max 40% of your book in one name, 20 fills, 10 bps paper fee per fill so you can't churn for free. Trading locks 15 minutes before the close.
* Best book value at the close wins. Under 20 entries the top 3 are paid, from 20 entries the top 10 split it.
* Every book is public. Tap any row on the leaderboard and you see their open positions or that they're sitting in cash. Every fill is in a public audit feed. You can't hide a lucky punt.
The pot is 5 SPY Stock Tokens, about **$3,800** at today's mark. It's sitting in a public wallet you can check on Blockscout right now, and it's paid out to the winners' wallets within 48 hours of settlement. It's set per cup and posted before that cup opens. It isn't a share of entries, and I'm not promising anything about future cups beyond what's posted.
Entry is a burn of 2,500,000 $CUP, which is about $1.24 at the moment. That's the entire token story: it's the ticket. You burn it, it's gone, you're in. No presale, no team allocation. If you already have a wallet on Robinhood Chain you swap on the SPY pool and press Enter. If you don't, Bankr can buy it and enter for you from a prompt.
25 wallets are in so far, so at the moment ten of them finish with SPY. We ran a four-hour crypto-only sprint first as a live test of the settlement flow, small pot, real payout, and the results sheet is on the site.
Site: [app.playtendiescup.fun](http://app.playtendiescup.fun).
$cup token address
0xD475211BEF5dCc03B4c8c864f90bde331AF80ba3

Most people who buy a [DTF](https://app.reserve.org/bsc/index-dtf/buildout/overview?utm_source=reddit) through a zapper never see the actual mechanism underneath, they just swap USDC for a token. It is always worth breaking down what that token actually represents and where the price comes from, since it's a genuinely different architecture than a traditional ETF.
The DTF token itself isn't a claim on a company or a fund manager's promise, it's a claim on a specific basket of assets sitting inside a smart contract. For Reserve's AI suite, those underlying assets are Ondo Global Markets tokenized equities, each backed 1 to 1 by a real share held in a regulated US brokerage account. So the custody chain looks like this, a real NVDA share sits in a brokerage account, Ondo issues a token backed by that share, and that Ondo token sits inside the DTF's smart contract, with the DTF token representing your claim on the whole basket.
The part that actually keeps price honest is the mint and redeem path staying open to anyone. Minting means depositing the full basket and getting DTF tokens back, redeeming means burning tokens to get the basket back out. Almost nobody does this manually, most people just swap through a zapper, but the path existing at all is what gives arbitrageurs a reason to act. Token trading below basket value gets bought and redeemed for profit, trading above gets minted and sold, and that constant pressure is what keeps market price and NAV from drifting apart without a market maker in the loop.
Liquidity is worth flagging too since it's easy to assume it's shared. It isn't, each DTF token needs its own pool depth on PancakeSwap, 1inch, or CoWSwap, bootstrapped separately from whatever liquidity exists for the underlying stocks. That's a real cost to launching a new basket that people underestimate.
More info and trading: [https://app.reserve.org/?utm\_source=subreddit](https://app.reserve.org/?utm_source=subreddit)
*Not investment advice. $ROBOTS is a concentrated, single-theme basket of experimental tokenized assets. Volatile, illiquid, and may lose value entirely. Not an ETF, not FDIC or SIPC insured. Fees: 0.3% mint plus 0.6% TVL. Not for US or sanctioned-jurisdiction persons. Full terms and risks:* [*reserve.org/terms\_and\_conditions*](http://reserve.org/terms_and_conditions)