Short any stock token.
Dividend-adjusted. Fully collateralized.
Borrow tokenized equities against USDG collateral, settle dividends through an on-chain multiplier, and hold the position for as long as your margin holds.
Live market — tokenized equities
loading| Asset | Name | Last price | Multiplier | Feed updated | Status |
|---|---|---|---|---|---|
Prices are read on-chain from each asset's Chainlink feed on Robinhood Chain in a single batched call every 20 seconds. Multipliers are read live from each stock token's uiMultiplier() on Robinhood Chain. Prices come from that asset's Chainlink feed and are already multiplier-adjusted total-return values. Only assets with both a canonical Robinhood token and a Chainlink price feed are listed. These describe the underlying tokens, not Contra activity.
Position ledger
previewOpen and monitor positions in the app.
Connect a wallet to sign a preview intent using live mainnet prices, then inspect margin health and liquidation behavior in the position ledger.
Multiplier-adjusted collateral
When a tokenized stock pays a dividend, the token price drops but the shareholder is made whole. A naive short would pocket that drop. Contra applies a per-asset multiplier that accrues every distribution, so the value your position is marked against tracks total return, not price alone.
The multiplier only ratchets upward, and it is applied identically to collateral checks, interest accrual, and liquidation pricing.
The figures below are fully live: the multiplier is read from the stock token's uiMultiplier() on Robinhood Chain, and the adjusted mark is the Chainlink feed price, which already includes it. The unadjusted share price is the feed price divided by the multiplier.
See liquidation in action
illustrative simulatorTSLAx short · 1,240 tokens · entry $428.00 · $620,000 USDG collateral
- Mark price
- $428.00
- Position value
- $530,720
- Collateral value
- $620,000
- Margin ratio
- 1.17x
Position at risk — margin approaching the liquidation threshold
Mainnet markets
live pricesFigures above are live Chainlink feed prices for each underlying token. Pool TVL is not displayed until an authoritative protocol index is available.
Risk disclosure
plain termsPositions are liquidated automatically when collateral falls below the maintenance margin. In fast-moving or illiquid markets, the closing trade may occur at a worse price than the maintenance threshold, which can result in a loss greater than the posted collateral in extreme cases.
Position values depend on Chainlink price feeds. Feed staleness, sequencer downtime, or a paused oracle during a corporate action can temporarily prevent accurate pricing or liquidation.
Contra is unaudited. Smart-contract interactions can result in loss of funds. The current short flow is a signed-intent preview and does not submit an on-chain transaction.
Contra is non-custodial. There is no insurance, FDIC/SIPC coverage, or guaranteed recovery of funds in the event of a loss.
Nothing on this site is a recommendation to take a position. Shorting is a leveraged strategy with the potential for losses exceeding your initial collateral.
