Institutional RWA credit · X Layer

Borrow against your shares. Never sell them.

Equis turns tokenized stocks on X Layer into working collateral. Deposit wrapped NVDA, AAPL or TSLA, draw USD₮0 against them, and hand an agent key a mandate it cannot exceed.

Open dashboard See how it works

You keep the shares and the upside
Prices verified onchain, not quoted by us
Agent keys are scoped, capped and expiring
Reachable from a wallet, from Telegram, or from an AI agent over MCP

Collateral certificate

wNVDAx

NVIDIA · xStocks wrapper

X Layer

Shares per unit: 1.001701
Supply on X Layer: 3,592
Max loan-to-value: 50%

Credit line

collateral × LTV = borrow power

Settles inUSD₮0

USD₮0 / USD$0.9998

Sold to draw itnothing

Agent mandate · EIP-7702

May callrepay · top up collateral
May not callwithdraw · borrow · approve
Spend capper token, per session
Expiresat a timestamp you set

USD₮0 / USD

$0.9998

OKB / USD

$120.96

Sequencer

Block

71,614,788

Exhibit AEquis's own surfaces. Every figure above was read from X Layer mainnet when this page was served - nothing here is a sample.

How it works

From share certificate to credit line.

Four steps. You hold the shares and make the decisions; Equis handles the collateral maths and the pricing.

Deposit tokenized shares
Send wrapped xStocks - wNVDAx, wAAPLx, wTSLAx - into the vault. They stay yours: dividends and splits keep accruing through the wrapper's share multiplier while they sit as collateral. Only stocks with a public price feed are listed, because Equis will not lend against a price it cannot prove.
Draw USD₮0 against them
Borrow up to each stock's loan-to-value from an open lending pool. No sale, no taxable disposal, no lost upside. Lenders on the other side earn the interest you pay, set by utilisation.
Give an agent a narrow mandate
Under EIP-7702 your own account gains code. You grant a session key that may only repay or top up collateral, up to a spending cap, until an expiry you choose. It can never withdraw or borrow.
The rails for a night shift
Put the position on /watch and the Telegram bot messages you the moment its health factor falls below 1.15, and again once it recovers above 1.25. An agent asks equis_build_transaction for the repay and gets it back unsigned, and the delegate caps what any key it holds may spend. If the position still falls through the threshold, anyone may liquidate at the last signed price the oracle verified.

Architecture

Built like a lending desk, not a demo.

The parts that decide whether an RWA credit protocol survives its first volatile week.

Priced by proof, not by us

Every stock price enters the vault as a RedStone data package, signed by three of five known signers and checked onchain in the same transaction that spends it. A wrapper is valued at the share price times its live multiplier, and a price is refused when it is stale or taken while the sequencer was down.

Market hours are part of the risk model

US equities stop trading; crypto collateral does not. Equis tracks how fresh each signed price is: once a feed stops publishing you cannot borrow more or withdraw against that stock, but liquidations still clear at the last verified print. The feeds run 24/5, so the overnight session stays open.

Agent keys that cannot run away

The EIP-7702 delegate allows a session key only an explicit list of contract functions, caps what it may spend per token by measuring balances before and after, forbids sending OKB, and expires on its own. Vault actions have no recipient argument, so a key cannot redirect funds.

Guarded by design, not by promise

Per-stock supply caps are sized to the DEX depth that a liquidation would have to sell into. A guardian can pause borrowing without touching withdrawals, and lenders' funds can never be locked by a paused collateral token.

Surfaces

Three ways in, one set of deployed contracts.

A wallet, a chat and an AI agent. All three drive the same vault, pool and oracle listed further down this page, so none of them can act on a number the others would not.

Wallet

The dashboard

src/app/app

Connect a wallet and deposit collateral, draw USD₮0, repay, or supply into the pool as a lender. Balances, prices and rates are read straight from the deployed contracts on X Layer while you look at them.

Approve, deposit and borrow as one atomic batch, on wallets that support EIP-5792
Markets, the pool and any position, each read from the chain or plainly said to be unavailable

Open the dashboard

Chat

@EquisAppBot on Telegram

scripts/telegram-bot.ts

/markets, /pool and /position answer from the same deployed contracts. Put an address on /watch and the bot messages you when its health factor falls below 1.15, and again once it recovers above 1.25.

Deliberately dependency-free: the Bot API is plain HTTP and the watch list is one JSON file
Runs as a systemd unit with NoNewPrivileges, PrivateTmp and ProtectSystem=strict

Message the bot

Agent

New

The MCP server

scripts/mcp-server.ts

Equis speaks the Model Context Protocol over stdio, so Claude Code, Claude Desktop, Cursor and Codex can drive the protocol themselves. Six tools: the overview, prices, the pool, a position, a borrow quote, and the transaction itself.

A .mcp.json in the repo root, so Claude Code registers the server on clone with no setup
It reads through the same module as the Telegram bot, so a chat and an agent cannot quote different numbers for one address

npm run mcp

The interesting one

equis_build_transaction

Ask for a borrow and it returns an unsigned { to, data, value } with a freshly signed RedStone price already inside, good for three minutes. The transaction verifies its own price onchain and draws USD₮0 in a single send: no separate oracle update, no second signature.

The server holds no private key and signs nothing. It returns bytes; the authority to move funds stays in your wallet, or in an EIP-7702 session key scoped to repay and top up collateral.

equis_overviewread
equis_marketsread
equis_poolread
equis_positionread
equis_quote_borrowread
equis_build_transactionunsigned tx

What actually happened

Borrowed on mainnet

Transaction: 0xb896faa0…62c0b5ee
Block: 71,513,642
Carried: 1,700 bytes, signed by 3 of 5
Cost: 0.0000136 OKB

Collateral deposited, then 4 USD₮0 drawn against it in a single send. The calldata carried a RedStone package signed by three of five signers, and borrow() verified it onchain through _updatePrices(priceReports) before the pool paid out. No separate oracle update, no second signature, and it cost a sixth of a cent.

That borrow was signed in the dashboard. equis_build_transaction emits the same call - same selector, the same 1,700 bytes - and simulates clean against the live vault, so an agent reaches the chain by exactly the route a person does.

Exhibit BA real borrow against tokenized NVIDIA on X Layer mainnet, priced by a signature the chain checked itself. Open it on the explorer and read the calldata.

Verified onchain

Addresses we checked ourselves.

X Layer runs the Prague hardfork, so EIP-7702 delegation is live - we confirmed a type-4 transaction is accepted on mainnet. Stock prices arrive as RedStone data packages, signed by three of five known signers and verified inside the borrow transaction itself.

Deployed by us

EquisMarginVault	Holds collateral, enforces LTV, runs liquidations	0x6577BFc8…d4885F
EquisLendingPool	ERC-4626 pool of USD₮0 that lenders supply	0xC6e2EFc3…F1fF8e
RedStonePriceOracle	Verifies 3-of-5 signed prices onchain	0x478A62bD…d16b4d
EquisSessionDelegate	EIP-7702 delegate for scoped agent keys	0x946A509b…c917eD

Depended on

Contract	Role	Address
USD₮0	The USDT borrowers draw and lenders supply	0x779Ded0c…713736
wNVDAx	NVIDIA - listed as collateral	0xa8ddb5Cd…2850D5
wAAPLx	Apple - listed as collateral	0x943BF64D…C9De8f
wTSLAx	Tesla - listed as collateral	0xc3FdBe3A…fe1171
wSPYx	S&P 500 - not listed, no public price feed	0xE7E553Cd…1CB540
wQQQx	Nasdaq 100 - not listed, no public price feed	0x4C1AE29c…9101f7
USD₮0 / USD	Chainlink push feed pricing the debt	0x673b428F…f36b9f
OKB / USD	Chainlink push feed for gas pricing	0x4Ff345b1…C5e7BE
Sequencer uptime	Chainlink feed gating every price read	0x45c2b8C2…F908A9

Read at X Layer block 71,614,788 · sequencer up · USD₮0 $0.9998

Built with

X Layer
Chain 196 · Prague, so EIP-7702 works
xStocks
Backed's tokenized shares and ERC-4626 wrappers
RedStone
Signed 24/5 stock feeds, verified onchain
Chainlink
Push feeds for USD₮0 and sequencer uptime
USD₮0
The credit asset borrowers receive
Any EIP-6963 wallet
OKX Wallet, MetaMask, Rabby - discovered, never hard-coded
Foundry
Contracts tested against forked mainnet state

Your shares are already onchain. Put them to work.

Open the dashboard to see live collateral prices, the lending pool and your position - read straight from X Layer mainnet.

Open dashboard Explore X Layer