Position liquidity.Keep your buying power.
Keel positions your assets into onchain liquidity markets where they can earn trading fees, then lets those positions power a unified margin account. Earn, borrow and reposition without first unwinding the capital already at work.
Built on Robinhood ChainActive liquidity
Deposit Stock Tokens, crypto and stablecoins into onchain liquidity markets.
Positions collect a share of the fees generated by the trades they facilitate.
Eligible positions become collateral inside one unified Keel Account.
Put your assets into liquidity.Earn fees when markets trade.Borrow against the position without closing it.
That is Keel.Every other version of this asks you to pick one. Provide liquidity, or keep your capital available. Keel removes the choice by valuing the position itself, so the capital never has to leave the market to be useful again.
The position earns.The position borrows.
The same capital, in the same market, doing the same work, valued twice instead of once.
- Working as liquidity
- $10,000
- Earning trading fees
- Yes
- Usable for anything else
- None
The $10,000 stays tied inside the position. To move, hedge or borrow, you unwind it first.
- Working as liquidity
- $10,000
- Earning trading fees
- Yes
- Unlocked buying power
- Risk-adjusted
The position keeps earning and becomes collateral. Buying power is set by Keel’s risk engine, not a fixed ratio.
$1,956
$10,000 working once
$2,683
$10,000 + $6,000 redeployed, net of borrow cost
+$727
Over 12 months, from the same $10,000
Hypothetical, compounded monthly. Assumes $6,000 of unlocked buying power is redeployed at the same return and borrowed at 0.6% a month. Keel does not offer, quote or forecast a rate. Liquidity returns vary with volume, volatility and range, and can be negative.
Figures are illustrative. Borrowing capacity is determined by live protocol parameters.
Your liquidity shouldn’t become dead capital.
A position that can be valued while it works doesn’t just sit there earning. It becomes a component of a balance sheet, and balance sheets compound.
Keel runs that loop continuously: capital enters a market, earns from the trades it facilitates, is valued by the risk engine, and comes back around as buying power for the next move.
Position
Put assets into liquidity.
Earn
Collect trading fees.
Unlock
Use the position as collateral.
Reposition
Trade, borrow or deploy again.
The ability to use active liquidity positions as productive collateral while they continue participating in onchain markets.
Don’t choose between
earning and liquidity.
Do both.
Keep capital moving.
Six things you can do with capacity the positions underneath are still generating. None of them require closing anything.
Open another position
Deploy additional capital into another liquidity market.
Trade
Gain exposure to another supported asset.
Hedge
Offset risk without closing the liquidity position.
Borrow
Access supported stablecoin liquidity.
Rebalance
Move capital as market conditions change.
Automate
Set rules around leverage, health and redeployment.
You don’t have to unwind yesterday’s position to make tomorrow’s move.
Stocks became programmable.Liquidity should too.
Robinhood Chain brings Stock Tokens, crypto and real-world asset exposure into the same programmable environment. Keel is built for what comes next.
A market where stocks aren’t just assets you hold or trade. They can become liquidity. Liquidity can become collateral. And collateral can become buying power.
Stock Token
Programmable equity exposure
Liquidity
Positioned into a market
Collateral
Valued by the risk engine
Buying Power
Credit against the account
New Position
Deployed again
Keel makes capital recursive.
Recursion compounds exposure as well as productivity. Keel’s risk engine exists to keep that within limits the account can actually support.
Dynamic position value.Dynamic buying power.
Keel does not hand every liquidity position a static loan-to-value. Collateral value is derived continuously from what the position actually holds and what it is actually exposed to.
Stock Tokens are treated as Stock Tokens, with market hours, corporate actions and oracle freshness handled explicitly, not approximated as generic crypto collateral.
Liquidity margin is the first layer, not the last.
Each stage builds on the same primitive: a position that stays productive while remaining usable. Nothing beyond today is a commitment. It is the direction the architecture is designed to support.
Liquidity margin
Liquidity positioning plus collateralized buying power in one account.
Portfolio margin
Multiple positions calculated together rather than in isolation.
Automated positioning
Capital repositions dynamically according to defined strategies.
Automated risk
Rules such as reducing leverage when account health falls below a threshold.
Agentic liquidity
Agents manage allocation, borrowing and risk inside constraints you set.
An autonomous onchain capital account.
Capital continuously decides where it can be most productive while remaining available to its owner. That is the end state Keel is building toward, one layer at a time, with the risk engine ahead of the automation.
Put it in motion.
Position liquidity. Earn trading fees. Unlock buying power. Keel Liquidity on Robinhood Chain.