01
Deposit into the vault
Bring USDC or ETH. Receive rLP — a receipt that grows as the vault earns.
Vol. 04 · Issue 26Bond-backed liquidity, published on Robinhood ChainSunday
A dispatch on market depth
Every DEX rents its depth. Rewards run out, farmers leave, spreads blow up, and traders pay the tab. We wrote a different contract.
Liquidity
that stays
when the rewards don't.
The promise
Deposit once. Bonded strategies keep the book deep — through hype, through drawdowns, through the quiet months.
How it works
Three moves · one vault
02
Strategies post a bond
Every venue that wants your liquidity puts collateral on the line first. If they fail their terms, the bond pays you.
03
You keep the yield, not the risk
Fees, incentives and bond premiums accrue to rLP. Exit anytime in Flexible, or lock for a boosted rate in Committed.
Why it matters
“A market without durable liquidity isn't a market. It's acountdownto slippage.”
Rented liquidity leaves the moment emissions stop — median depth falls 73% in thirty days. Traders eat the spread. Protocols eat the reputation. We think depth should behave like infrastructure, not a subsidy.
0 ETH
TVL in Core Liquidity Vault
0
rLP tokens outstanding
1.0000
rLP price (ETH per share)
0
Bonds registered on-chain
The proof, briefly
Deep books.
Aligned incentives.
Real yield.
MerryVault · Robinhood ChainNothing herein is financial advice.End of dispatch