Vynex

$VYNEX CA: 0x8cf33e3026604bd85677e7bc6e04d256571b6653 Liquid yield on Robinhood Chain. Deposit, hold a tradeable ERC-20, redeem any block. 15 vaults are already live on mainnet. The USDG vault earns through Morpho, and you can enter any stock vault paying only USDG in a single transaction. usevynex.org

Vynex's price layer is five days old. 39 feeds, and two of them stopped reading healthy on their own. ASML's pool went $34k to $9.5k, NU $29k to $5.8k. Both still return a price. Anything that only calls price() would keep lending against them. That's why the health check is a live read and not a promise from deploy day. usevynex.org/prices

Vynex has a price layer now. 39 feeds live on Robinhood Chain. Thirty minute averages, not the last trade. Anyone can add one, nobody can remove one, the factory has no owner. Building it turned up something. The usual test for whether a pool can carry a TWAP is whether observe() answers. Here that passes on 46 of 49 assets, including pools that have recorded a single trade in their whole life. Those are exactly the ones you can push to any price and leave there. So it counts the trades a pool actually recorded, not the slots it paid for. Slots are one permissionless call and cost about a dollar. usevynex.org/prices

Listing on Vynex is permissionless now. Anyone can add an asset for about 48 cents of gas. Deleting the onlyOwner was the easy part. Two things go wrong if that is all you do. One vault per asset, first come, so whoever lists NVDA owns the canonical NVDA vault forever. If the lister became its owner they could set the fee to the 20% ceiling and sit there. So the lister gets nothing: owner, fee and fee recipient are fixed in the factory and identical on every vault it makes. There's a test where a stranger lists an asset and is then refused setFee, setOwner, setHarvester and skim. And if the lister chose the name, a worthless token could sit in the app as "YieldShares NVDA". The name is built from the token's own symbol() instead, so a vault can only be called after what it actually holds.

Vynex Autopilot is live. Depositing capital is no longer the end of the action. You set where your dollars earn, what the earnings buy, how it splits, and when Vynex executes. Two strategies today. Yield to Stocks. Your dollars stay deposited and only what they earn buys the stocks you picked. Tested against the live pools: $50,000 in, $400 of yield spent on NVDA, position afterwards $50,000.00. Recurring Buy. A fixed amount into one asset on a fixed schedule, out of dollars that keep earning while they wait. Three weekly instalments of $100 bought 1.2909 NVDA and spent exactly $300. Each strategy is its own contract with its own hard limit and no owner. One can never spend your principal. The other can never move more than one instalment per interval, and being late does not earn a catch-up. usevynex.org/autopilot

Your yield can build your portfolio. Deposit USDG. It earns. You pick the tokenized stocks you want, and Vynex spends only the earnings on them. The dollars stay yours and stay withdrawable. Tested against the live pools before it went up: $50,000 in, $400 of yield spent on NVDA, and the position afterwards was worth $50,000.00. The whole principal came back out. The contract went on chain today. AutoInvest 0x03d9280496201707B4Fe9Eea9c2F0ef3dA96d02b

We found something important on Robinhood Chain. There are two Uniswap deployments, and until now we had been reading the smaller one. Across listed assets, v3 holds about $8.07M in liquidity. The v4 singleton holds about $24.18M. So we shipped v4 routing and mapped the deepest hookless pool for all 49 assets. Then we quoted the same $100 trade across both venues. v4 gives the better fill on 15 assets. v3 still wins on 29. 5 assets have no v3 route at all. Vynex now checks both venues on every deposit and routes to whichever gives the better fill. The quote also shows the venue directly, so you can see exactly where the trade went. This is a significant routing upgrade, and we’re already working on a much bigger Vynex update. More soon.

A major Vynex update is on the way. We’ve been working on something that expands what you can actually do with tokenized assets on Robinhood Chain. Not ready to share the full details yet, but it’s one of the biggest product updates we’ve shipped so far. More soon.

Vynex, five days in, by the numbers. All of it checkable. 45 vaults live, up from 15 226 tests passing, 75 against the live chain $0.48 to list a vault, down from $2.46 $16.94 of gas for the last 29 listings $15,517 deposited 14 outside addresses holding shares $0.000021 taken in fees, ever 18,000,000 VYNEX burned ten seconds after launch 0 pause functions, 0 blocklists, 0 ways to stop your withdrawal

We’ve seen the rug comments, so here’s the straight answer: We are not abandoning Vynex, and we are still building. Price action does not change the product, the contracts, or the work being done behind the scenes. We also understand why people are cautious. Crypto has given people plenty of reasons to be. So instead of asking anyone to trust us, we’re going to show more. More product updates. More onchain numbers. More visibility around what we’re shipping and what the protocol is doing.

29 new vaults are now live on Vynex. SPCX · RDDT · USO · HIMS · GME · COST · MU · RBLX · MSTR · MRNA · LLY · DJT · TSM · QUBT · SNDK · TTWO · CRCL · ASML · DELL · NU · NFLX · SGOV · RIVN · SOUN · INTC · AMC · JNJ · USAR · NET More assets, same simple flow: deposit, receive your vault position, redeem onchain when you want. usevynex.org

Whatever comes next, we’re building for it. Tokenized assets shouldn’t just trade. They should be usable onchain.

We’ve heard the feedback. Lending isn’t the main story of Vynex. YieldShares are. We’re working on the next step now: making more tokenised stocks earn while you hold them. Deposit the stock, hold the ys-token, keep the exposure and earn through the vault. We’re also building a public vault transparency page so anyone can verify where the assets are and what each vault is doing onchain. More as we ship it.

Quick correction from us: We previously said Vynex launched the first NVDA lending market on Robinhood Chain. That was incorrect — there was already an NVDA lending market live before ours. We should have checked that more carefully before posting. What is live on Vynex remains the same: deposit tokenised NVDA, borrow USDG against it, and keep your position. usevynex.org/borrow

We just deposited $15,000 into Vynex. We’re building this protocol, using it, and putting our own capital through the same contracts as everyone else. $15k deposited. Onchain. usevynex.org

$4B traded, and almost none of those assets could be used as collateral without selling them first. We changed that yesterday. Post your tokenised stock, borrow dollars against it, and keep your position. usevynex.org/borrow

Your stocks shouldn’t have to be sold to be useful. The credit layer of Robinhood Chain.

gm. Yesterday we launched the lending market for NVDA on this chain. Post your NVDA, borrow dollars against it, and keep the stock. At the same time, the USDG vault just kept earning overnight. Its share price moved from 1.000203 to 1.000367 while everyone was asleep. No announcement needed. That’s just what it’s supposed to do. usevynex.org

New on Vynex: you can now borrow dollars against your NVDA without selling it. Until now, if you held tokenised NVDA on Robinhood Chain and needed cash, you had one option: sell. Now you can use your NVDA as collateral, borrow USDG against it, and repay whenever you want. You keep the NVDA the entire time. You can borrow up to 38.5% of its value. At $219 per share, that’s roughly $84 per NVDA. The lending position runs through Morpho Blue and sits under your own address, not ours. So even if Vynex disappeared tomorrow, your position would still be there and only you could access it. We also built the oracle for the market. It uses a 30-minute average from the NVDA pool rather than relying on the current spot price. We tested it with a $1,000,000 swap. The spot price moved 2.5%. The oracle didn’t move. As far as we know, this is the first NVDA lending market on Robinhood Chain. usevynex.org/borrow

A few people have asked what the role of $VYNEX actually is beyond fee discounts. The simple answer is that the discount is only the first piece. If Robinhood Connect is approved, users will be able to fund Vynex vaults directly with a card, bank account, or Robinhood balance instead of going through the usual crypto steps first. That matters because it makes the product much easier to use, but it also introduces a real revenue stream through card and bank deposits. Our goal is for that revenue to create more value around $VYNEX over time. We’re still finalizing the exact mechanism, so we’d rather share the details once it’s properly built than overpromise now.