# Vexi

> Vexi is an options protocol on Robinhood Chain testnet. A vault holds one pot of a coin and cash and offers calls and puts at every strike and expiry it writes. What isn't sold waits in a pool; what is sold is locked in full behind its option. Buyers have no liquidation price; the most they can lose is what they paid.

The planned first mainnet Beta retains Earn, Leverage, Pro and ordinary holdings for one NVDA/USDG Market and one official Vault. Vault creation is Admin-only; the public creation product is closed. Integrated payout conversion, standalone wrapping, optional native partial fills, composite Vaults, LP-position zaps and leaderboard are deferred. Official agent SDK, CLI and MCP support on chain 4663, including reads and simulation, is deferred. Required trading dependencies, public APIs, existing claims and exits remain independent. This scope is not an announcement of deployment or availability; the testnet pages below retain their testnet behavior.

It runs on Robinhood Chain testnet with test tokens. It has no audit yet. The rates it shows are live quotes from its own board, measured now and never projected; it promises no return.

## Docs

- [Vexi in full, for AI assistants](https://vexi-protocol.ai/llms-full.txt): what Vexi is and is not, how a vault and a buyer's worst case work, and the current status, in one plain-text file
- [How it works](https://vexi-protocol.ai/how-it-works/): the contract, where quotes come from, pricing, trading, settlement, fees and risks (an interactive page; it renders in the browser)

## App

- [Home](https://vexi-protocol.ai/): earn while you wait on stock tokens, ETH and launchpad tokens, Leverage with no liquidation price, and one pool for both sides
- [Trade](https://vexi-protocol.ai/app/): buy a call or a put on Robinhood Chain testnet
- [Earn](https://vexi-protocol.ai/app/earn/): deposit a coin and pick a price to sell at, or USDG and a price to buy at; interest is paid at expiry, either way.
- [Leverage](https://vexi-protocol.ai/app/leverage/): pay up front, no liquidation, no cap: buy a view on a coin; the most you can lose is what you paid.
- [Vaults](https://vexi-protocol.ai/vaults/): deposit into a vault, or open one on a listed market
- [Pools](https://vexi-protocol.ai/vaults/pools/): the Uniswap v4 pools where vaults keep their unsold capital

## Brand and press

- [Media kit](https://vexi-protocol.ai/media-kit/): the logo, colours and images, and the whole kit as one zip
- [Approved copy](https://vexi-protocol.ai/media-kit/copy.md): the name, boilerplates, approved lines, lines never to use, and a FAQ for partners
- [Brand rules](https://vexi-protocol.ai/media-kit/brand.md): the mark, the lockup, colour, type, pictures and co-branding

## Optional

- [Vexi on X](https://x.com/vexiprotocol): @vexiprotocol
- [Contact for partners and press](mailto:eric.fang@vexi-protocol.ai)