Earn the fees on
every stock trade.
Levy vaults provide the liquidity in Uniswap pools of Robinhood Stock Tokens. Every trade pays the pool a fee. Deposit USDG, and the vault keeps your capital where the volume is, collects the fees and compounds them.
- Vaults
- 18
- Pool volume, 24h
- …
- Pool liquidity
- …
Vaults
Live from the pools: volume and liquidity over the last 24 hours.
A vault, not a raw position
You can provide liquidity on Uniswap yourself. A concentrated position only pays while the price is inside it, and someone has to keep it there.
| Uniswap position on your own | Levy vault | |
|---|---|---|
| Getting in | Hold both tokens in the right ratio, pick a range, mint the position. | Deposit USDG only. The vault swaps to the right mix at the Chainlink price. |
| Price leaves the range | Your position stops earning until you notice, close it and open a new one. | The keeper sees it within minutes and re-centres the range around the new price. |
| Fees | They pile up unclaimed. Claiming and adding them back is two more transactions. | Collected and added back to the position on every run, so they compound. |
| Gas | You pay for every adjustment yourself. | One transaction serves every depositor, paid from the vault's fee share. |
| Size | Managing a range is only worth it on a large position. | Any amount from $1 gets the same management. |
| Price safety | A pushed pool price at the moment you mint can cost you. | Nothing moves unless the pool is within 2% of Chainlink. |
What it costs: the vault keeps 10% of the fees it collects. Everything else is yours.
How it works
Deposit USDG
Choose one of 18 pools against USDG: Nvidia, Tesla, Apple, oil, gold, silver and more. You receive vault shares, valued at the Chainlink price.
Liquidity is provided
The keeper places the vault's capital in one Uniswap v3 position about 10% either side of the price, where most of the volume trades.
Fees compound
Every swap through the range pays the pool fee. The keeper collects it, adds it back to the position, and re-centres the range when the price moves out.
Risks and safeguards
Price exposure
A liquidity position holds both sides. If the stock falls the vault ends up holding more of it; if it rises, more USDG. Fees offset this, but a large move can leave a position below its deposit.
Variable yield
The fee APR is what the pool's traders paid over the last day. It changes with volume and is not a promise of future returns.
Oracle and pool checks
Shares are valued at Chainlink, not at the pool. Deposits, withdrawals and range moves need the pool within 2% of Chainlink, and every swap must fill within 1%.
Exit
Withdraw pays USDG. If a pool is ever off its Chainlink price, withdraw in kind returns your share of USDG and stock directly, with no price needed.
Fees
No deposit or withdrawal fee. Levy keeps 10% of the trading fees collected: half funds the keeper's gas, half the treasury.
Control
Only you can withdraw your shares. The owner can adjust the range width and deposit cap, and has no function that moves vault capital elsewhere.