Make your stocksproductive.
Tokenized stocks stop working the moment you buy them. Deposit one and receive a liquid yield-bearing counterpart that can earn, move, trade and be used elsewhere onchain.
Supported assets
| Asset | Conversion | Price | Vault APY | Vault TVL | Pool liquidity | Strategy | |
|---|---|---|---|---|---|---|---|
NVDA NVIDIA | NVDA → yNVDA | ··· | — | $0.00 | $6.92M | Uniswap v3 · 0.05% | Buy |
AAPL Apple | AAPL → yAAPL | ··· | — | — | $399.2k | Uniswap v3 · 0.05% | Buy |
GOOGL Alphabet | GOOGL → yGOOGL | ··· | — | — | $529.0k | Uniswap v3 · 0.05% | Buy |
TSLA Tesla | TSLA → yTSLA | ··· | — | — | $1.28M | Uniswap v3 · 0.30% | Buy |
AMZN Amazon | AMZN → yAMZN | ··· | — | — | $926.1k | Uniswap v3 · 0.30% | Buy |
META Meta Platforms | META → yMETA | ··· | — | — | $219.7k | Uniswap v3 · 0.30% | Buy |
Pool liquidity is the genuine STOCK/USDG pool measured by token balances, read onchain. Vault APY and TVL describe the Velix vault, not the pool — they stay blank until a vault is deployed and holds capital.
How it works
Four steps, and the last one is always available.
- 01Deposit
Deposit a supported tokenized stock into its vault.
- 02Receive
Receive its liquid yield-bearing counterpart, an ordinary ERC-20.
- 03Earn
The underlying capital is placed in a supported onchain strategy.
- 04Redeem
Burn the yield token and take your underlying position back.
FAQ
The questions worth asking.
+Is yNVDA the same thing as NVDA?
No, and the difference is the point. yNVDA is a share of a vault denominated in NVDA. It starts at exactly 1.0000 NVDA and rises only when the vault has actually earned, so your balance never changes — what one unit is worth does.
It is an ordinary ERC-20 following the ERC-4626 vault standard, so it transfers, trades and integrates like any other token.
+Where does the yield actually come from?
Other people's swap fees. The vault holds a concentrated Uniswap v3 position in the genuine NVDA/USDG pool, and the arbitrage flow that keeps the onchain price on the offchain quote pays a fee on every trade. That flow is real and constant — the NVDA pool alone does roughly three swaps a second.
It is not an emission, a subsidy, or a promise. If nobody trades, the vault earns nothing, and the interface shows nothing.
+Can I lose money even though the vault is earning fees?
Yes. While the position is in range it holds part USDG, so this is not pure NVDA exposure. Loss-versus-rebalancing can put the NVDA-denominated value of your share below what simply holding NVDA would have given you, and a large enough move will do exactly that.
The fees are real. So is that cost. Velix reports the share price rather than a fee-only figure, so a loss shows up instead of hiding behind a headline rate.
+Why does the range width matter so much?
A v3 position earns only while the price is inside its range, and only in proportion to its share of the liquidity there. Measured against the real NVDA pool with a $50,000 stake: a ±2000-tick range captures 25% of the pool's quoted fee rate, while ±500 captures 95%.
Velix targets ±500. Deploying wide while quoting the pool's rate would make the published number a fiction.
+Is there a lockup?
None. Redemption is permissionless and no owner action can stop it. Withdrawals up to the vault's idle buffer settle exactly, and redeemAndUnwind handles anything larger by unwinding your proportional slice of the position.
That path takes a minimum-output you set, consults no price oracle, and is strictly pro-rata — so the cost of a large exit falls on whoever makes it, not on the holders who stayed.
+Is this non-custodial?
Not unqualified, and we will not say it is. Redemption is permissionless — nobody can stop you leaving. But the owner chooses the strategy and moves capital into it, so there is a trusted role, and the contracts are unaudited.
The wording of record is: permissionless redemption, owner-gated allocation, unaudited. The deposit cap ships at zero for that reason.