Wrapt Documentation
Financial infrastructure
for tokenized assets.
Wrapt connects tokenized stocks and ETFs on Robinhood Chain to pricing data, wrapped representations, lending markets, and yield vaults — in one interface.
How Wrapt Works
Four layers, one interface. Wrapt connects the on-chain token world to financial activity without requiring users to navigate each protocol separately.
Assets
194+ tokenized stocks and ETFs available on Robinhood Chain. Every asset in the Wrapt universe is an on-chain token — 24/7, no intermediary.
Pricing
On-chain Chainlink price feeds provide continuous, tamper-resistant asset valuations. 35 assets have verified feed coverage at launch. Prices power lending risk parameters and live reference quotes.
Wrapped Representations
Wrapt deploys 1:1 ERC-20 wrappers — wNVDA, wSPY, wAAPL, wTSLA, wQQQ — that convert native stock tokens into composable assets usable across DeFi protocols. Always redeemable at parity.
Financial Layer
Earn yield on USDG through Spark or Steakhouse vaults. Supply stock collateral to Morpho Blue markets and borrow USDG. Wrap and unwrap in a single flow.
Earn
Route USDG into supported yield vaults on Robinhood Chain. Wrapt aggregates available opportunities into a single interface — no separate protocol navigation.
Depositing mints vault shares (spUSDG or steakUSDG) that accrue yield over time. Shares remain in your wallet — Wrapt does not custody funds. Redeem at any time for the underlying USDG plus earned yield.
Lending
Use tokenized stock assets as collateral. Borrow USDG against them. All positions are held directly in Morpho Blue market contracts — not in any Wrapt contract.
Wrapt surfaces 36 lending markets at launch — NVDA, SPY, AAPL, TSLA, MSFT, AMZN, GOOGL, META, and more. Live market data (borrow rate, utilization, available liquidity) is displayed for each market. The borrowable stablecoin is USDG across all markets.
Routing
A stock token on Robinhood Chain may have multiple on-chain representations. Wrapt understands them and routes assets to the right protocol in the right form.
Wrapt wraps before a deposit and unwraps on redemption automatically — the user never manually converts between token forms. Current wrapping support: wNVDA, wSPY, wAAPL, wTSLA, wQQQ.