Documentation

A market for the time between ownership and liquidity.

Overview

Employees, founders and early investors can own millions in equity — and still have no way to access its value today. The problem isn’t ownership. It’s liquidity.

Stock is often locked until a future vesting or lockup date. Until then the holder can’t sell, even if there’s strong demand for the underlying shares.

Claira creates an on-chain secondary market for future equity. Instead of waiting until shares become sellable, holders can turn their locked stock into a transferable on-chain claim today.

The idea

Imagine you own one NVDA share unlocking in December 2027.

You could wait until 2027 to sell it. Or, through Claira, you could sell the claim today at a discount.

A buyer might purchase that future share for less than its expected market value. The seller gets liquidity now. The buyer gets exposure at a discount.

When the unlock date arrives, the claim settles into the underlying share.

What Claira is — and isn’t

It is not options

There’s no strike price.

It is not perps

There’s no synthetic leveraged exposure.

It is not yield

You’re not lending against the asset.

It is not a prediction market

You’re trading a claim on an actual future equity position.

It is a marketplace for future shares

The instrument is the claim itself, and the claim resolves into real equity.

Lifecycle

Locked equity → transferable claim → market → settlement.

  • Locked equity. A position that cannot be sold until its unlock date.
  • Transferable claim. The future share becomes a claim that can move on-chain.
  • Market. Holders sell the claim today. Buyers price the time until unlock.
  • Settlement. At the unlock date the claim settles into the underlying share.

A new secondary market

Today, private and locked equity is largely illiquid by design. There are buyers who want access. There are holders who want liquidity. But there’s no efficient market connecting the two before the unlock date.

Claira creates that missing layer.

Why this matters

Trillions of dollars of equity sit behind vesting schedules, employee lockups, founder restrictions and other transfer limitations. That capital exists. The ownership exists. The future liquidity exists.

What’s missing is a market for the time between ownership today and liquidity tomorrow. Claira is building that market.

The unlock date stops being a wall. It becomes a maturity date.

Network

Claira runs on Robinhood Chain mainnet, and only on Robinhood Chain mainnet.

Connecting a wallet on any other network prompts a switch to Robinhood Chain before any action can be taken.

Contracts

Contract addresses are published here once deployed. Until then the market screens show an empty state rather than sample data.