Trailing stops for Stock Tokens.
Set a drop from the high. The high only moves up. Rind sells before you give it back.
Non-custodial · 24/7 · No margin, no liquidation
The problem
Stock Tokens trade 24/7. You don’t.
- 01
The market closes. The chain doesn’t.
- 02
You bought $NVDA at 120. It ran to 180. You were asleep.
- 03
By morning it’s 150 and the gain is gone.
How Rind works
Three steps. Then you can sleep.
- 01
Deposit
Move a Stock Token into the vault. It stays yours: one position per token per wallet, withdrawable at any time.
- 02
Pick your drop
Choose 5%, 8%, 12% or 20% from the high. The high-water mark starts at your entry price and only ever moves up.
- 03
The rind holds
If the price falls by your drop from the peak, a keeper sells into USDG at the best venue with capped slippage. The USDG is yours.
Simulator
See the rind in action
Pick a Stock Token, a drop and whether Night mode is on. The high-water mark ratchets up; the dashed trigger follows it. When price touches the trigger, the stop fires.
Off-hours TWAP, drop +3 pts
- Price
- High-water mark
- Trigger (8%)
- Off-hours: stop sleeps
- Entry
- $120.00
- Peak
- $185.46
- High-water mark
- Exit
- $170.16
- Day 22 · net $169.82 after 0.20%
- Protected vs. holding to day 30
- +$22.16
- +15.0% per token vs. $147.67
Simulation on synthetic data. A trailing stop is a trigger, not a guaranteed price.
Guardrails
Rules for when the market isn't normal.
Most of the work in a stop is deciding when not to fire. These are the cases Rind handles explicitly.
- < 60s
Market hours & oracle freshness
In session, the reference price is the Chainlink feed for that Stock Token. It must be fresher than 60 seconds or nothing fires.
- +3 pts
Night mode
Opt-in per position. When the exchange is closed, Rind reads a 30-minute Uniswap TWAP and widens your drop by 3 points. Without it, the stop sleeps until the open.
- 0 fires
Halts & paused tokens
Exchange halt, issuer pause or freeze: no trigger. The position is frozen and its high-water mark is preserved until trading resumes.
- Capped
Slippage cap
If the best venue would fill beyond the cap, Rind fills partially or defers to the next window. It never sells at any price.
Fees
You pay when it works. Not before.
0.20%
only when a stop fires
Deposit, wait, withdraw: free. You pay only Robinhood Chain gas, in ETH.
Where the fee goes
50%
Buy & burn $RIND
30%
Keeper bounty pool
20%
Treasury
Stake $RIND for 0.10% and 3% drops
Stakers pay half the exit fee and unlock the fine 3% tier. Staking opens after $RIND launches.
No KYC, no whitelist, no margin, no counterparty, no liquidation.
$RIND
Not launchedNo contract address exists. The address will be posted only on @Rind_rwa. Anything else is fake.
Staking
Exit fee drops from 0.20% to 0.10%, and the fine 3% drop tier unlocks.
Keeper bonding
Keepers bond $RIND to execute stops. Bad execution can be slashed.
Governance
Holders set drop tiers, slippage caps and the venue whitelist.
FAQ
Questions, answered plainly.
No. Your Stock Tokens sit in the vault contract under a position that belongs to your wallet, and only your wallet can withdraw them. Keepers can do one thing: execute the sale you configured, when your trigger is hit, with the USDG credited to you.
The vault contracts are not deployed yet. This describes the intended design, which will be audited before launch.
By default, the stop sleeps. The Chainlink feed for a Stock Token freezes while the real exchange is closed, and Rind does not trigger on a stale price. Your high-water mark is kept.
If you opt in to Night mode for a position, Rind switches to a 30-minute Uniswap TWAP off-hours and widens your drop by 3 points, so an 8% drop becomes 11%. The wider band absorbs thin-pool noise.
No. A trailing stop is a trigger, not a guaranteed price, exactly as in traditional markets. When the trigger is hit, a keeper sells at the best available venue within a capped slippage.
If the price gaps through your level, the sale happens below it. If slippage would exceed the cap, Rind fills partially or waits for the next window. It never sells at any price.
Nothing fires. If the exchange halts the stock, or the issuer pauses or freezes the token, the position is frozen and its high-water mark is preserved.
When trading resumes and a fresh price is available, the stop re-arms from the same high-water mark.
0.20% of the sale value, charged only when a stop fires. Depositing, waiting and withdrawing are free, apart from Robinhood Chain gas paid in ETH. Staking $RIND lowers the fee to 0.10%.
Fees split 50% to buy and burn $RIND, 30% to the keeper bounty pool and 20% to the treasury.
No. $RIND has not launched and no contract address exists. Any token using the name or ticker today is fake.
The contract address will be announced only on @Rind_rwa, the only official channel.
Rind has no KYC, no whitelist and no account. You connect a wallet.
Stock Tokens are products of their issuer, which sets its own eligibility rules. Stock Tokens are not available to US persons. Check that you are eligible to hold them where you live.
No. Rind is independent software built on Robinhood Chain, a public network. It is not affiliated with, endorsed by, or partnered with Robinhood Markets, Inc., Robinhood Assets (Jersey) Limited, or any of their affiliates.
Nothing is live yet. Be there when it is.
Launch dates, the $RIND contract address and the vault beta will be announced on @Rind_rwa first, and only there.