Sovyra$SOVY

Sovyra · the protocol

How Sovyra works.

Sovyra streams fifteen sovereign curves onchain and lets you take the YES or the NO on where they land — or hold the bond itself as an ERC-20. Resolution reads the feed. No committee, no override.

The mechanism — read, stake, settle, redeem.

01

Read the board

Fifteen feeds across the US, France, Germany, Japan and Brazil — tenors 2Y to 10Y, pushed every five minutes. Spot sits against the line; you see exactly where.

02

Stake a side

Buy YES or NO with USDG from a constant-product pool. Every winning share redeems exactly 1 USDG — the price you pay is the probability you're calling.

03

Settle on the feed

At resolution the market reads its bond feed onchain. Anyone can pull the trigger; nobody can override it. The book is a public receipt.

04

Redeem or roll

Winners redeem one USDG per share. Or skip the verdict — hold the bond itself and let coupons accrue into the share price.

Bond vault · tokenized exposure

Skip the verdict.
Hold the curve.

Every feed pairs with a BondToken — an ERC-20 share of the underlying pool whose price accrues coupon drips from the CouponPayer. Mint with USDG, redeem pro-rata any time, transfer like any other token.

Open the vault

Instruments

0

usdg

Deposited

0.00

usdg

Coupon budget

0k

usdg

Yield up means price down — the share tracks the dirty price, and rates rising pushes it the other way. Testnet experiment; exposure here carries that risk both ways.

Protocol record

NetworkRobinhood Chain testnet · Arbitrum Orbit L2
Chain ID46630 · native ETH gas · 250ms blocks
Deployment2026-09-17 · 57 tx single script · 44 contract instances
MarketsCPMM binary pools · 0.5% fee on top · 1 USDG per winning share
Resolutionreads the bond feed onchain · permissionless trigger
KeeperOU yield walks + coupon drips + resolution backstop · 5 min
$SOVY1,000,000,000 fixed supply · no mint function
VerificationE2E buy matched the docs hand-calc to the last wei
$SOVY tokenEXPLORER ↗

Questions

01What actually settles a market?

The contract reads its bond feed onchain at resolution and compares spot against the line. Anyone can call resolve once the time passes — there is no oracle committee and no override path.

02What do I need to trade?

Testnet USDG for collateral and testnet ETH for gas. Both faucets are one click away: USDG and $SOVY on the Faucet desk, ETH from the official Robinhood Chain faucet.

03What is a bond share?

Each BondToken is an ERC-20 priced from its pool plus accrued coupon drips. Mint with USDG, redeem pro-rata, or transfer it like any token — the exposure itself is the asset.

04Where do the yields come from?

A keeper walks each feed as an Ornstein-Uhlenbeck process around its coupon and pushes new answers every five minutes. Simulated by design — this is a testnet experiment.

05What is $SOVY?

The fixed-supply protocol token — 1,000,000,000 minted at deploy, no mint function after. On this deployment it is a testnet asset with no value.

06Is anything here audited?

No. Independent testnet experiment, not audited, nothing here is a security or an offer. No affiliation with Robinhood or the Robinhood Chain team.