NAKEDshort protocol

We are short
the weekend.

Every share on this chain is minted by a handful of market makers, and only while the NYSE is open. Friday at 16:00 they go home and the float freezes. The pool keeps climbing on nothing. We mint the short against it, fully collateralized, so somebody other than them gets paid at the open.

READING THE CHAIN
Float unfreezes in--:--:--
Phantom premium
POOL VS CHAINLINK · READ LIVE IN YOUR BROWSER
$NAKED · contract to be announced · POLICY V0 · NOTHING DEPLOYED
01

There are no shorts on this chain.

Every meme here tells the same story: the squeeze. Buy the meme, the meme buys the stock token, the float shrinks, the shorts get hurt. There is one problem with that story. Nobody is short.

No borrow. No puts. No perps. No inverse tokens. The other side of the trade does not exist.1 We built it.

Stock tokens here are created by a handful of KYB'd market makers. They buy the real share on the NYSE, mint one token against it, and sell it into the pool. They can only do this while the exchange is open.2

From Friday close to Monday open the supply is frozen. A frozen supply meeting weekend demand produces one thing: a premium. The pool trades above the share. On Monday the market makers mint, sell, and the premium collapses.

That collapse is the most reliable short on this chain, and nobody could take it. NAKED is a factory of inverse tokens: deposit USDG, receive iGME, watch it rise when GME falls. What the message boards accuse market makers of doing in the dark, done in the open, against collateral, bounded by an oracle.

02

The short board

Pool against oracle · every stock token with a Chainlink feed live
TickerPoolOraclePremium Liquidity24hStatusNaked scorePair
reading the chain…

reading the chain…

OPEN = Chainlink feed and deepest pool at or above $250K, eligible for a vault under policy v0. THIN = feed exists, pool too shallow to mark honestly. NO FEED = the penny names everyone wants to short and nobody can price yet; they open the day Chainlink lists them. Naked score = max(premium, 0) × √(250 000 / liquidity) × (1 + max(24h change, 0) / 10). Recompute it by hand; the table shows every input.

03

How a naked short works here.

01

Lock

Deposit USDG into the vault of one stock token. Collateral is 200%: two dollars locked for every dollar of exposure. No leverage, no borrowing, no debt.

Policy v0 · final terms ship with the contract
02

Mint

Receive iX, an inverse token with a daily rebalance at the NYSE close, like a −1× fund. When X falls 3% in a session, iX rises 3%. Fee 0.3% in USDG.

Policy v0 · final terms ship with the contract
03

The weekend

iX is marked to the 30-minute TWAP of the deepest pool, so it sees the premium the oracle sleeps through. The Chainlink feed is the guardrail: if pool and oracle disagree by more than 15%, the vault pauses.

Policy v0 · final terms ship with the contract
04

Redeem

Burn iX for USDG at any time. The intended moment is Monday, after the market makers have minted and sold. Fee 0.3%. If X doubles from its reference, iX is worth zero; that is the whole downside.

Policy v0 · final terms ship with the contract

Why the pool and not the oracle

An inverse token priced by Chainlink alone would be safe and useless. The feeds on this chain carry a 24-hour heartbeat and stop moving when the exchange does,4 so an oracle-marked short never sees the weekend premium at all. The pool sees it. The oracle's job is different: it stops a thin pool from being bent by one wallet. Both, or nothing.

Why GME first

Because of course it is. It is the only penny-priced name on this chain with a Chainlink feed and a pool deep enough to mark, and it is the name the squeeze story was written about. DJT, SNAP, AMC, BB, QUBT and SOUN sit on the board as NO FEED; the list is open and the vaults are defined. They open the day the feed does.

04

One week of a stock token.

Doctrine · not a measurement 0% market makers mint and sell premium builds against a frozen float MONTUEWEDTHUFRISATSUNMON FRI 16:00 · MINTING FROZENMON 09:30

The doctrine, not a measurement. The measurement replaces it once the weekend of 5–8 September 2026 has been logged, every fifteen minutes, from Friday close to Monday open.

05

A token is not a short. A token is a shovel.

In a gold rush, sell shovels. In a squeeze, sell the short.

$NAKED is the protocol token. It is not a short position, it is not a claim on anything, and it is not a share of anything.5 The protocol charges 0.3% on every mint and 0.3% on every redemption, in USDG. Fees buy NAKED on the open market and burn it. Holders are promised nothing.

Fees collected, USDG
0.000000

Honest zero. Nothing is deployed; nothing has been charged.

NAKED bought and burned
0.000000

The burn address will be published with the contract.

Vaults eligible now

Names that pass the feed and $250K test right now, counted from the board above.

06

Risks, in plain words.

  1. 01The oracle sleeps on weekends. Chainlink feeds on this chain stop updating when the NYSE closes. That is why iX marks to the pool; it is also why the pool can drift a long way from the truth before the guardrail notices.
  2. 02TWAP can be bent. A 30-minute TWAP on a thin pool is manipulable. The 15% guardrail bounds the damage; it does not remove it. This is why $250K is the floor and why most penny names are NO FEED or THIN today.
  3. 03Nothing is deployed. Every mechanism on this page is policy v0. The contract does not exist on mainnet. Do not send funds to anything claiming to be it.
  4. 04Inverse tokens decay. A daily-rebalanced −1× product loses value in a choppy market even when the underlying ends flat. Hold it across a weekend, not a quarter.
  5. 05Robinhood can make this obsolete. Listed puts or perps on stock tokens would end the thesis overnight. We would be pleased; we would also be done.
  6. 06Synthetic exposure to equities is regulated somewhere. Probably everywhere. This is a protocol, not a broker, and it is not for everyone.
07

Questions we already got.

Is this a real short?
Economically, yes: iX gains when X loses, backed by locked USDG. Legally, no share is borrowed and no share is sold; nothing touches the NYSE. That is why it can exist on a chain that has no borrow.
Why "naked"?
A naked short is a short with no borrowed share behind it. That is the accusation the squeeze crowd has thrown at market makers for years. This one has no borrowed share either; it has collateral and an oracle instead, and it is on-chain where anyone can count it.
Where does the premium go on Monday?
Into the market makers' pockets, as it does today. They mint at the NYSE price and sell into a pool trading above it. iX simply lets someone other than them be on that side.
Can I short DJT or AMC?
Not yet. They are on the board as NO FEED because Chainlink does not price them on this chain. The vaults are defined and open the day a feed appears. Until then, pricing them off a pool alone would be dishonest.
Where is the contract?
Not deployed. When it is, the address appears in exactly one place on this page, the footer, and nowhere else. Anything else is not us.

1 Surveyed 2026-09-03 across the chain's launchers and DEXes: PONS, Flap, PAIR, Fomo, Uniswap. Quote assets are stock tokens and stables; no borrow market, no options venue, no perpetuals, no inverse tokens.

2 Stock tokens are ERC-20 debt instruments minted 1:1 against real shares by authorized participants during NYSE hours; retail trades only the secondary market.

3 Policy v0 means: the numbers are our design, published before the code. They may change with the code. They will not change after it.

4 Chainlink reference data for Robinhood Chain lists 35 equity feeds, heartbeat 86 400 s, deviation threshold 0.5%. Read live on the board.

5 A revenue share to holders would be a security. There is none. Fees are spent on buying and burning NAKED, and the transactions are public.