Make a strong call pay more.
When you're sure a stock is going up, Bull² turns the move into a bigger one, and the gain grows faster the further it runs.
NVDA +20% → Bull² +44%
0xb489068e1d48cda3e4c9a5f1ff526aa7fc9496d7
Make your best stock calls pay more, profit when a stock falls, or protect what you already hold. One token, paid in full: no margin calls, no liquidation, no expiry.
When you're sure a stock is going up, Bull² turns the move into a bigger one, and the gain grows faster the further it runs.
NVDA +20% → Bull² +44%
No borrowing shares, no short squeeze, no options expiry. Buy Bear² and hold it like any other token.
TSLA −20% → Bear² +56%
Put a small Bear² position next to a stock you own. If the stock drops hard, Bear² pays out and cushions the loss.
$10,000 NVDA + $1,000 Bear², NVDA −30% → Bear² covers about a third of the loss
Before fees and carry.
Pick a market, set the price move and how long you hold. See what $1,000 becomes in each position after carry, which works like funding but is known upfront.
| 1× | |
| Bull² | |
| Bear² |
Includes carry of /day for this market. Bear² pays up to 4×, reached at −50%.
Other power perps only square the upside. Bear² gives you convex downside onchain: no borrow, no squeeze, no expiry, no liquidation. Every market ships as a pair.
| Hold the stock | Bull² | ONLY ON PARABOLBear² | |
|---|---|---|---|
| Tracks | P | P² | 1 / P² |
| Price +20% | +20% | +44% | −31% |
| Price −20% | −20% | −36% | +56% |
| Price −50% | −50% | −75% | +300% |
| Max gain | Unlimited | Unlimited | 4× (+300%), reached at −50% |
| Max loss | Your stake | Your stake | Your stake |
| Expiry | None | None | None |
| Liquidation | None | None, fully funded | None, fully funded |
| Cost of holding | None | Daily carry | Daily carry |
| Form | Tokenized share | ERC-20 | ERC-20 |
Moves shown before carry. Price index adjusts for splits and dividends.
Join the waitlist below and we'll email you when your access opens.
Robinhood Chain. You pay in USDG, and your position is a token in your own wallet.
No. You pay the full amount when you buy, so there is no margin and nothing to liquidate. A big move against you still lowers the value of your position.
What you put in. Never more.
A small daily cost that lowers the token's value the longer you hold it. It's shown before you buy.
Up to 4×. Bear² keeps gaining as the stock falls, until the stock is 50% below where you bought.
You can still sell. Prices use the latest oracle price with wider spreads, and new buys pause if that price gets too old.
The Bear² vault is built to hold enough cash to pay every Bear² token at its maximum value, and it blocks new buys before that limit is reached.
Leave your email and we'll let you know when your access opens. Add a wallet if you have one.
Next on the curve: VOL², which gains on a big move in either direction, and Duels, one stock squared against another.