A research simulator for studying isolated collateral and constrained exits. Model two hypothetical claims: Earn supplies senior financing and Boost takes residual exposure. Scenario prices and limits are assumptions; nothing is minted, settled, or backed by real funds.
The simulator models one tokenized asset and issuer per case. Its test-USDC ledger is local research state, not real collateral, custody, or an investment product.
Deposit USDC and hold up to 2.0× exposure to the stock through a Boost receipt. Senior financing covers the rest, so there is no personal margin call.
Queue USDC as senior financing for one vault. When a Boost entry matches it, your capital buys stock and your senior receipt starts accruing the vault’s funded APR.
The local ledger models funding and exit constraints; it does not issue receipts or move real assets.
Each vault pairs one asset with one issuer: SPYx, QQQx, NVDAx, TSLAx, AAPLx or XAUT gold. Nothing is pooled across vaults.
Boost capital and senior financing are matched first. Unmatched money stays queued instead of pretending to be invested.
Stressed exit depth, capital ceiling, issuer concentration, matched financing and a hard vault cap all have to clear.
Scenario inputs drive the local ledger. Optional market quotes are indicative display data and never replace its reference prices.
Sign in once and the full workspace is yours: trading, risk tools, data and history, synced to your account.
Bundled reference inputs and optional indicative market quotes, alongside modeled capacity and leverage. Search, filter by issuer or asset type, and keep a watchlist.
App › MarketsExplore up to 2.0× modeled residual exposure with a preview of fees, matched test-USDC, gross exposure, hypothetical claims and indicative market history.
App › BoostQueue USDC for one vault, get matched by Boost entries and hold a senior receipt that accrues the funded APR every day.
App › EarnScenario account value, modeled positions, weighted-average cost basis, and hypothetical exits in one place. This is not a statement of real holdings.
App › PortfolioShock the price, drain liquidity, remove the largest market maker, stale the oracle, freeze the issuer, close the session or depeg USDC. Then read the loss waterfall.
App › Risk LabLock USDC for 1 to 30 days as exit capacity for a vault. Commitments count toward the capacity gate, never double-count with financing and release at expiry.
App › Exit capacityCross-check the xStocks issuer price against the market, look up the Pyth feed each xStock registers, and export an evidence bundle sealed with a SHA-256 fingerprint.
Vault › Issuer & oracleEvery simulated match, exit, distribution and accrual, with local ledger details. Filter it, or export it to CSV.
App › ActivityChange one assumption (price move, horizon or match rate) and see fees, financing and cash-exit proceeds to the cent. Share any scenario as a link.
App › CalculatorSign in with email and password. Positions, history and saved scenarios sync after every action. Export or import your whole workspace from Settings.
App › SettingsEighteen in-app guides and tutorials, from exposure math to loss waterfalls, plus RWA articles on tokenization, xStocks, oracles and liquidity.
App › Learn · RWA articlesSession-closed, stale-price and issuer-freeze assumptions pause modeled price-dependent actions. These are local simulation rules, not live protocol controls.
App › SettingsReal screens from the xRWA app.
Token identifiers support optional market-data lookups; they do not indicate collateral admission. Quotes are indicative, and rates and limits are illustrative assumptions.
| Vault | Price | 24h | Trend | Funded APR | Leverage | Status |
|---|---|---|---|---|---|---|
S SPYxS&P 500 · xStocks | — | — | 7.00% | 2.00× | Open | |
Q QQQxNasdaq 100 · xStocks | — | — | 7.60% | 2.00× | Open | |
N NVDAxNVIDIA · xStocks | — | — | 9.50% | 1.50× | Open | |
T TSLAxTesla · xStocks | — | — | 11.00% | 1.50× | Open | |
A AAPLxApple · xStocks | — | — | 8.20% | 1.50× | Open | |
G XAUTTether Gold · Tether | — | — | 5.50% | 2.00× | Open | |
S SPYonS&P 500 · Ondo | — | — | — | — | — | Coming soon |
M MUMicron · Backpack | — | — | — | — | — | Coming soon |
O OPENAIPre-IPO · PreStocks | — | — | — | — | — | Coming soon |
These modeled checks illustrate how capacity rules could work. They do not admit real exposure, prove exit liquidity, or guarantee loss containment.
The lowest assumed limit binds in this research scenario. Here is an example TSLAx case.
When a gate binds, only new exposure stops. Existing positions are never force-sold because a limit moved, and splitting an order cannot bypass the per-batch cap.
Example: a −30% shock on a 1.5× vault. Boost absorbs the loss first; senior stays whole.
xRWA runs on an exact-integer ledger: no floating-point money, no rounding that creates value, and no state change without a validated invariant check.
Every balance, fee and claim is integer cents or raw token units, validated after each action.
Bundled scenario inputs drive the ledger. Optional market quotes and issuer/oracle registry metadata are read-only observations, never settlement or valuation inputs.
A development artifact with Devnet-only fixture evidence; it is not deployed as an xRWA production protocol or connected to this local ledger.
Health, version, markets, price history and oracle routes, with a published OpenAPI 3.1 document.
No. Create an account with your email and a password. There is no seed phrase and no email code to wait for, and your workspace syncs to your account.
No. The workspace uses non-redeemable test USDC on a research ledger. Public market references are indicative only; they are not verified valuation, an oracle update, or settlement authorization. Nothing here is investment advice.
Boost is the junior claim. It takes up to 2.0× exposure to the stock (1.5× on single stocks) and absorbs losses first. Earn is the senior claim. It finances Boost positions and accrues the vault’s funded APR once matched, with priority in the loss waterfall.
Bundled scenario reference prices drive the research ledger. Optional Jupiter market quotes, xStocks issuer prices and Pyth registry data are indicative/metadata-only observations; they do not change ledger values or authorize settlement.
The local scenario applies modeled losses to Boost before Earn. The example is an educational stress model only; no production vault, reserve, issuer control, or circuit breaker is operating.
No production xRWA protocol is deployed. This repository is a research frontend and test-USDC ledger. A separate program fixture has Devnet-only test evidence; it does not establish a live vault, verified oracle, audit, production readiness, or Mainnet deployment.
Email and password. No wallet, no verification code. Start with 25,000 test USDC and every vault open.