eve is awakethe bell has rung
EVE buys tokenized stocks on Base while the market is closed. You get 90% in USDC now and the rest at the next opening bell, at the opening price.The market is open, so last night's sales have been settled at the opening price. EVE starts buying again at the closing bell.
nyse
01 how it works
Sell after the close, get paid at once, and let the opening bell fix the final price.
4:00PM
After the closing bell, deposit tokenized NVDA, AAPL, META, GOOGL. Nights, weekends and holidays all count.
4:01PM
EVE advances 90% of the closing value in USDC immediately. The other 10% is held back until morning.
9:30AM
At the next open the final price is fixed and you receive the balance, minus the fee. Nothing is priced in the dark.
On early-close days the first bell rings at 1:00 PM. Times above follow the live NYSE calendar.
02 launch film
Ten seconds. Muted until you say otherwise.
03 two sides
Sellers get out tonight. Depositors fund the night and are paid for it.
for sellers
Tokenized stocks trade around the clock, but at night the price is thin and often wrong. EVE lets you exit now and still get the real opening price.
for depositors
Depositors put USDC in the pool. The pool pays the advances at night, sells the stocks at the open, and keeps the fees.
04 safeguards
Every protection between the closing price and the opening price, listed.
01
10%
Held back on every sale by default. It absorbs the move between the close and the open.
02
75%
When a company reports before the open, the advance drops to 75% or the ticker is blocked.
03
blocked
Splits, dividends and mergers freeze the Chainlink feed. The ticker is blocked until it is back.
04todo
5%
Nightly volume per ticker is capped to a share of DEX depth, so the pool can always sell what it bought.
05
reserve
Part of every fee goes to a reserve. It covers gaps larger than the haircut.
06
fresh
Settlement waits for a Chainlink price written after the bell. A stale price never settles anything.
07
lower
The oracle averaged over 5 to 15 minutes, or what the pool really got over 30 minutes. The lower one settles.
08
v1
Version one only buys from sellers. No buy side, no leverage, no borrowing.
05 $EVE
$EVE is the protocol token. Part of the fees goes to stakers and funds buybacks.
06 faq
Short answers. The docs have the long ones.
No. Simulation only. The protocol is not live. No transaction is ever sent. The simulator on this site runs on made-up prices so you can see how a night would work.
Coinbase tokenized stocks on Base: NVDA, AAPL, META, GOOGL. Version one is sell-side only.
Whenever the New York Stock Exchange is closed: weeknights after 4:00 PM New York time, weekends, market holidays, and after an early 1:00 PM close.
90% of the closing value in USDC, immediately. The balance is paid at the next market open, once the settlement price is known. On an earnings night the advance is 75%, or the ticker is blocked.
It is the lower of two prices: the first fresh Chainlink price after the open, averaged over 5 to 15 minutes, and the price the pool actually gets selling the stocks over the first 30 minutes. The fee is then deducted. See the formula.
0.25% for a weeknight and 0.75% for a weekend. Across holidays the fee is charged per day.
The 10% haircut absorbs the move. If the gap is larger than the haircut, a reserve funded by fees covers the difference. These protections have limits: read the risk page.
Tokenized stocks are not available to US persons. Nothing here is investment advice.