Octarine, powered by Mystic

Trade the real world onchain.

Buy US stocks and ETFs with stablecoins, and redeem tokenized funds instantly at NAV. One venue, institutional liquidity, settled from your own wallet.

At NAV
You redeem
250,000.00 FalconX
You receive
Best bid, near-instantly USDC
Asset
AA_FalconXUSDC credit vault
Settles
In one transaction
Redeem in the app
900+
US stocks & ETFs
NAV
Instant RWA redemptions
1 tx
Atomic settlement

IUS stocks & ETFs

Wall Street, settled onchain.

Over 900 US stocks and ETFs as rTokens on Arbitrum. Pay with USDC or USDT, hold them in your own wallet, and choose how you get filled.

  1. 01

    Swap

    Fill now at the live quote while the market is open. In Bitget Wallet, gas can be paid in stablecoins.

  2. 02

    Limit

    Name your price and walk away. The order fills automatically when the market reaches it; funds stay in your wallet until then.

  3. 03

    DCA

    Buy on a schedule, hourly to monthly, optionally only below a maximum price. Waiting capital can earn yield in a vault.

Backing
Each rToken is backed 1:1 by the real share or ETF unit.
Custody
Segregated at Alpaca Securities LLC, a FINRA-registered, SIPC-member broker-dealer.
Registry
Underlying units are registered at DTCC.
Reserves
Attested by The Network Firm at over 100% collateral.

rTokens are issued by Reality. Trades are $10 to $96,000 and settle while the US market is open.

IIInstant RWA redemptions

Issuers promise to pay later. Octarine pays now.

Tokenized funds redeem on the issuer’s schedule: T+1, monthly, quarterly. List yours on Octarine and institutions bid to buy it at a small discount to NAV, then wait out the queue instead of you.

  • Sell into bidsFill against standing bids and receive funds near-instantly.
  • List as an auctionCollect bids over time and accept the best one.
Settlement note Nº 0042D8
Pay to the holder —USDC

for 2,500,000.00 TBILL at NAV 1.0613 · issuer redemption T+1

Bidderbps / dayProceeds
Broadcasting to bidders
Illustrative auction. Figures are not live quotes.

IIIPricing

Priced by the day.

Bidders quote a discount per day of redemption time, so the price tracks how long the asset takes to redeem, not how much you sell. Octarine’s fee is 10% of that discount.

Issuer redemption window T+7
Amount
Winning bid
4.0bps / day
Total cost 0.31%
You receive today 996,920USDC

Bid discount 0.28% plus Octarine fee 0.03% (10% of the discount). Illustrative figures.

IVHow a redemption clears

Three steps. One transaction.

  1. 01

    List

    Post the asset to redeem. Octarine quotes it against the live NAV feed and broadcasts it to bidders.

  2. 02

    Bid

    Whitelisted institutions compete in bps per day. Take a standing bid now, or let the auction run.

  3. 03

    Settle

    The RWA and the stablecoins swap atomically. The bidder redeems with the issuer later.

VFor lending markets

No market without an exit.

When a loan backed by a tokenized fund goes bad, the collateral has to be sold. Most RWAs have no buyers on-chain, so the sale fails. Octarine gives every one of those markets a buyer.

Integrate your market
What happens to a loan that goes bad
Position at risk
Collateral 1.2M FalconX
Borrowed 1.0M USDC
Below safety limit
No buyers The issuer takes weeks to redeem
Bad debt Lenders take the loss
Bidders compete
  • Bidder A4.50 bps/day
  • Bidder B5.25 bps/day
  • Bidder C6.00 bps/day
Loan repaid Lenders made whole

Illustrative figures.

VICompliance

Permissioned where it matters.

Issuer whitelists
Checked before settling any swap. Onboarded with the issuer means onboarded here.
Eligible bidders
To bid on an asset you must be able to hold it. Permissioned assets need issuer onboarding.
Self-custody
Funds stay in your wallet until a fill happens. Cancel open orders any time.
Licensed settlement
Where an asset requires it, trades settle through licensed partners.

VIIQuestions

Before you trade.

More in the documentation.

What can I do on Octarine?

Buy and sell tokenized US stocks and ETFs (rTokens) on Arbitrum with USDC or USDT, and redeem tokenized funds and other RWAs into stablecoins instantly through an RFQ connected to institutions.

What are rTokens?

rTokens are issued by Reality. Each is backed 1:1 by the real share or ETF unit, held in segregated custody by Alpaca Securities LLC and registered at DTCC, with reserves verified by The Network Firm at over 100% collateralisation.

Can I trade when the US market is closed?

Swaps and fills settle only while the underlying market is open. A limit order simply keeps waiting; a DCA tranche waits and retries, or skips if you choose to skip while the market is closed.

How are RWA redemptions priced?

Bidders quote a discount to NAV, priced per day of the asset’s redemption time. Octarine charges 10% of that discount: if the best bid is a 1% discount, you pay 1.1% in total.

Who can bid?

Anyone able to hold the asset. If it is permissioned, bidders must be onboarded with its issuer. To bid via API, get in touch for an API key.

Real-world assets, without the wait.