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Using the app

Every action in the app, what it asks for, and what it does on chain.

Connect a wallet

The app detects wallets that follow the Wallet Standard (Phantom, Solflare, Backpack and others). Hardware wallets that need a USB bridge are not bundled. The app never asks for a seed phrase or a private key, and the backend never signs anything: every transaction is built unsigned, checked in your browser, signed by your wallet and sent through your own RPC connection.

Read a market

Markets lists JitoSOL, mSOL and hSOL with their status, current discount, source, market price and net asset value. A market page adds discount and NAV history over 6 hours, 24 hours or 7 days, and shows the newest qualified settlement interval separately from the current price. “Monitor only” means the feed works but no five-minute window has passed the policy yet.

Mint pairs

  1. Open a series that is still UPCOMING and pick the Mint tab.
  2. Enter whole lots. The panel shows the deposit: 0.03 SOL per lot, wrapped in the same transaction if needed.
  3. Sign. You receive that many BREAK and HOLD notes. Minting is refused once the series has started.

Buy a side

  1. On a series page pick Buy, choose BREAK or HOLD, enter lots, and get a quote from the escrow book.
  2. The quote lists legs: which offers would fill your order, at what price, and whether the whole amount is available. Nothing is reserved.
  3. Fill each leg with its own transaction. If a later leg fails or gets taken by someone else, earlier fills stand. The premium goes straight to the maker; the notes land in your wallet.

Sell a side

  1. Pick Sell, choose the side, enter lots and a price per lot in SOL. The price is the premium a buyer pays you per lot.
  2. Set an expiry no later than the series end. The offer id is generated once and reused if you retry, so an uncertain submission cannot create two offers.
  3. Sign. Your notes move into the offer's escrow. Partial fills reduce the remaining lots.

Merge pairs

Pick Merge and enter lots. Equal numbers of BREAK and HOLD are burned together and 0.03 SOL per lot comes back as wrapped SOL. Works any time before finalization, including during the term.

Claim

After the series is SETTLED, pick Claim, choose the side and enter lots. The notes are burned and the fixed payout is paid in wrapped SOL. The panel shows the per-lot amount before you sign.

Cancel or recover an offer

Wallet lists your positions and every offer you made. Cancel returns the remaining notes. An expired offer still holds your notes until you press Recover; this also works after settlement so you can claim them.

Skip and finalize

The Ops tab exposes the two permissionless actions: skip the next unresolved interval once its grace deadline has passed, and finalize the series once every interval is resolved. Both cost only a transaction fee.

Transactions

Every signature you submit from this browser is kept locally and polled until it is finalized or failed; the list is on the series page and in Wallet. A signature that is not found yet is not a failure. The app never resends a transaction on its own.

Wrapped SOL

Collateral, premiums and payouts are wrapped SOL. The app wraps only the shortfall for a deposit or purchase and never closes an existing wrapped SOL account. Unwrapping is something you do in your wallet.