Docs/Protocol/Night Vaults

Protocol

Night Vaults

Passive strategies that only work while Wall Street sleeps. Deposit once, let the night pay you.

4 min read

The idea

Not everyone wants to trade a Sunday-night tariff tweet at 3 AM. Night Vaults package the night session's structural edges into deposit-and- forget strategies. Every vault runs exclusively during the night session, 4:00 PM to 9:30 AM ET and weekends, and goes flat before the open.

Launch vaults

Overnight (USDC · conservative)

Market-makes Stock Token pairs on Robinhood Chain during the night, earning the bid-ask spread. Night liquidity is thinner, so spreads are wider, that's the yield. Inventory risk is hedged against the live gap market.

Gap Harvester (USDC · aggressive)

Decades of equity research document opening-gap mean reversion: extreme overnight moves tend to partially retrace at the open. The Harvester systematically fades gaps beyond a volatility-scaled threshold, sized across the whole book. Big edge, big variance.

Moonlight NVDA (NVDA · directional)

Holds NVDA Stock Tokens and sells covered gap-up exposure every night, the on-chain equivalent of a covered call, compressed into a single session. You keep the stock, the night pays premium.

Mechanics

  • Deposits mint an ERC-4626 vault share; withdraw any day at 4:00 PM NAV.
  • Performance fee only, no management fee. See Fees.
  • Strategy PnL settles nightly against the official prints via Chainlink.

Estimates, not promises

Target APYs shown in the app are simulated backtests over historical gap data. Real yields will vary, sometimes a lot. Nothing here is financial advice.

Status

Vault contracts (ERC-4626) are in audit and open with mainnet launch.