Overview
Markets have spent decades giving us ways to trade what a company is worth. Stocks let you trade the value. Options let you trade volatility. Perps let you trade direction.
Actra is an on-chain corporate actions market running on Robinhood Chain. It asks a different question: what does the company actually decide to do next? Each corporate action is represented as a tradeable on-chain contract with a defined resolution condition. If the action happens, the contract settles accordingly. If it does not, it settles the other way.
Trade the decision, not the price.
Why corporate decisions
Corporate actions move markets. They are consequential, observable, and often highly anticipated — yet there is no dedicated, liquid market built specifically around them. Actra is designed to create one.
- Buybacks change supply.
- Share issuance changes dilution.
- Dividends change capital allocation.
- Acquisitions reshape companies.
- Stock splits change how shares are structured.
Companies make decisions. Markets form expectations around those decisions. Those expectations should be tradeable.
What Actra is not
Actra sits in a different category from traditional financial markets. It is not options. It is not perpetual futures. It is not a prediction market for elections, sports, or random events. And it is not a yield vault.
It is a market for corporate decisions. You are not trading where the stock goes — you are trading what the company does.
Why on-chain
Corporate actions are ultimately discrete events, which makes them particularly interesting for programmable markets. Putting these contracts on-chain makes corporate-action exposure programmable, transparent and globally accessible.
There is no need to continuously price the entire company, and no need to predict every tick of a stock. There is one question: what happens next?
Network
Actra runs on Robinhood Chain, an Ethereum layer-2 built on the Arbitrum Orbit stack. These are Robinhood’s published mainnet parameters — the same values a wallet needs to add the network.
The button below asks your wallet to add Robinhood Chain and switch to it. The public RPC endpoint is rate-limited and is not intended for production workloads.
Contract anatomy
A contract defines the following.
Lifecycle
The result is an asset with a clear lifecycle: create, trade, resolve, settle.
Create
A contract is defined against a specific company and a specific corporate action, with the threshold or condition that has to be met, the source the outcome will be read from, the settlement rules, and the expiration.
Trade
The market forms an expectation around the decision. The outcome itself becomes the asset.
Resolve
Because corporate actions are discrete events, resolution is a check rather than a valuation: the condition is measured against the resolution source, and the action either happened or it did not.
Settle
If the action happens, the contract settles accordingly. If it does not, it settles the other way.
Examples
These are illustrative of the questions Actra is built around — real decisions made by real companies, rather than abstract predictions.
- AAPL — Will Apple announce a buyback ≥ $100B?
- TSLA — Will Tesla issue new shares before year-end?
- META — Will Meta increase its quarterly dividend?
- NVDA — Will Nvidia announce a stock split?
- COIN — Will Coinbase announce an acquisition?
Scope
As the ecosystem grows, the opportunity expands beyond a handful of names: more companies, more actions, more structures, more liquidity. Eventually corporate decisions themselves become a distinct on-chain asset class.
Financial markets have always found ways to turn uncertainty into assets. Actra applies that idea to corporate decision-making — instead of waiting for the market to react to the decision, you trade the decision itself.