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
Status