SwivelRotate one stock into another at the ratio you pick.
Park NVDA and move into AMD the moment NVDA/AMD hits your number. The ratio comes from Chainlink, the trade from Uniswap, and the stock lands in your wallet.
Pairs people watch
Live Chainlink ratios between Robinhood Stock Tokens. Any two of the 27 listed can be paired.
How a rotation works
Park a stock
Pick the Stock Token you hold, the one you want instead, and the ratio between them that should trigger the move.
The ratio is watched
Both prices come from Chainlink. When price(A) / price(B) reaches your target, from above or from below, the order is due.
It rotates
A to USDG, USDG to B on Uniswap, each leg within 2% of Chainlink. B goes straight to your wallet. Not reached yet: take A back any time.
Why a ratio, not a price
When two stocks move together, a price order fires on the market, not on the trade you care about.
Two price orders
- Sell NVDA at $250, buy AMD at $560
- Both fill on a market-wide drop
- Or one fills and the other never does
- You sit in cash in between
One ratio order on Swivel
- Rotate when NVDA/AMD reaches 0.42
- Fires only when NVDA outruns AMD
- Both legs in one transaction
- You are never out of the market
Questions
Who holds the parked stock?
The Swivel book contract, until the rotation runs or you cancel. The owner of the contract has no function that moves parked tokens.
What does a rotation cost?
The two Uniswap pool fees, a 0.10 USDG fee to whoever runs it (the gas), and 0.1% of the USDG leg. Opening an order carries 0.0001 ETH for the keeper.
What if the pool is off Chainlink?
Each leg must fill within 2% of the Chainlink price. If a pool is thinner than that, the rotation waits and is tried again later.
Can I change the target?
Yes. Move the target ratio or flip its direction at any time, or cancel and take the stock back.
Weekends?
Stock feeds stop between sessions. A ratio computed on Friday's close can still trigger, and the 2% check keeps the fill near it.
Audited?
No. The book is tested on a fork of Robinhood Chain: a rotation from NVDA into each of the 26 other listed assets went through. Unaudited software.