RIGELYour NEAR underwrites calls. Buyers pay you for it.
A covered call on pooled NEAR, auctioned every round. Bids in NEAR or as wNEAR from NEAR Intents, premiums to the pool.
- Round
- – reading the chain
- NEAR/USD
- – exchange median
- Pool
- – NEAR at work
- Share price
- – NEAR per share
Premium in. Upside capped.
Buyers pay you up front and you keep it either way. Above the strike, they get the excess.
A falling price, open to everyone.
Each round's premium starts high and slides down until someone buys. No quotes, no gatekeepers.
Expiry has a window, not a judge.
The first price published after expiry settles the round. Anyone can trigger it, nobody can steer it.
Built for bids from other chains.
The vault takes bids as wNEAR, the token NEAR Intents delivers. Testnet runs that leg live; the app quotes the USDC route from Arbitrum, Solana or Base.
One trusted feed, labeled as one.
Pyth is down on NEAR, so testnet reads a stand-in in Pyth's format. One deploy argument switches it back.
Running on NEAR testnet right now.
Deposit, bid, or close a round yourself. Pre-alpha, unaudited.