02 / 14 · docs

Quickstart

three steps. then sleep.

Selling tonight and depositing USDC, in three steps each.

simulation Simulation only. The protocol is not live. No transaction is ever sent.

Sell tonight, in three steps#

bring me your stocks.

  1. Wait for the closing bell. EVE buys only while the New York Stock Exchange is closed: after 4:00 PM New York time on weekdays, all weekend, and on market holidays. The countdown on the home page tells you where you are in the day.
  2. Deposit your tokenized stock and take the advance. Choose a ticker (NVDA, AAPL, META or GOOGL) and an amount. EVE pays 90% of the closing value in USDC in the same transaction.
  3. Collect the balance after the open. At the next market open the settlement price is fixed. You receive the settled value, minus the fee, minus the advance you already have.

That is the whole flow. There is nothing to monitor overnight.

What you will see#

MomentWhat you hold
BeforeTokenized stock
After step 2USDC worth 90% of the closing value, and a claim on the balance
After step 3USDC: the advance plus the balance

A full example with numbers is in Selling.

In the simulator#

  1. Open the simulator. You start with a demo portfolio.
  2. On the sell tonight tab, pick a ticker and an amount. The panel shows the advance, the fee and an estimated range for the balance.
  3. Press sell tonight (simulated), then skip to the open. The bell rings, a simulated opening price is drawn, and the settlement is printed line by line on the ledger.

Deposit USDC, in three steps#

lend me your dollars until morning.

  1. Deposit USDC into the pool. You receive pool shares that represent your part of the pool.
  2. Let the nights run. Each night the pool advances USDC to sellers. Each morning it sells the stocks it bought, pays the sellers their balance, and keeps the fee. Your share of the fees is added to the pool, so each share is worth a little more USDC. Between sessions, idle USDC sits on Morpho.
  3. Withdraw at a settlement. Ask to withdraw at any time. The request is served at the next settlement, when the pool has turned the stocks back into USDC.

The mechanics are in Depositing. The risks are in Risk and safeguards; read them before depositing anything, once the protocol exists.

In the simulator#

  1. Open the simulator on the deposit usdc tab.
  2. Enter an amount. The panel shows your share of the simulated pool and what that share would have received in fees for one session, given a made-up seller volume.
  3. Press deposit (simulated), then skip to the open. A "pool fees" line appears on the ledger.

Before you start#

  • A wallet on Base. The simulator works without one. If you connect a wallet, it is read-only: the site reads balances and never asks for a signature or a transaction.
  • Eligibility. Tokenized stocks are not available to US persons. See Legal.
  • The right time. Selling is only possible while the market is closed. See Market hours.

Try the two safeguard scenarios#

The simulator has two one-click scenarios. Each runs a full night and prints the result.

  • Earnings night. The company reports before the open. The advance is cut to 75%, the stock then gaps down, and the wider cushion absorbs it.
  • Gap larger than the haircut. A normal 90% advance, then the stock opens far lower than the haircut can absorb. The seller keeps the advance and the reserve covers the pool.