Nvidia prints the loudest candles on Robinhood Chain, and all of that flow sits in leveraged perps. Holding the AI trade through the week means babysitting funding, margin, and a liquidation price while the market never sleeps.

A perp is a position, not an asset. You cannot LP it, post it as collateral, or set it down and walk away. The most wanted exposure on chain was the hardest to actually own.

The vault opens an equivalent long on the Nvidia equity perp the moment you deposit. Delta target 1.0, enforced by a band check on each attested batch and rebalanced permissionlessly: rebalance() is callable by anyone.

Funding accrues to a per-asset buffer: positive funding grows it, sustained negative funding draws it down, and past a published threshold the remainder becomes a transparent holding fee. Buffered, then fee'd, never hidden.