Open creation.
Explicit rules.
Seal Finance turns verified Stock Tokens into fixed-unit ETF shares. Contracts are the source of truth; the website helps people inspect and interact with those rules.
Core contract addresses
These public addresses are loaded from the active environment configuration. Always verify the network badge and the address on the Robinhood Chain explorer before interacting with a contract.
| Contract | Address | Purpose |
|---|---|---|
| SEAL token | 0x377c96752a03a233ef31a06591eaa2d5673b31a2 | Project token contract. |
| Verified Asset Registry | 0xa2a65b7e555317eD3c3AF9C5244FA3d41a148860 | Canonical Stock Token and Chainlink feed registry. |
| ETF Factory | 0x6DF30d41cFF108BAC25b32f13c60EE1361DbE28c | Creates independent ETF vaults and handles graduation. |
| Fee Collector | 0x92955648Ea95F0e2F2a76Eb56267a6df08991A9C | Accounts for creation, mint and redemption fee allocations. |
| Sequencer Uptime Feed | 0x0000000000000000000000000000000000000000 | Safety feed consulted during graduation checks. |
ETF lifecycle
Anyone can create an ETF without a bond using 2–10 assets from the verified registry. Before the first mint it is a draft. The first mint freezes components, order and base units. Users can still mint or redeem while the ETF raises its graduation AUM.
Fixed component units
The creation wizard uses a $100 target only once to convert initial percentages into component quantities. Those fixed units define every later mint and redemption quantity. Market prices change the portfolio value of one share, but never recalculate its component quantities.
Chainlink graduation
Any wallet can graduate a funding ETF when its share liabilities reach the threshold locked at creation, initially $200 by default, using healthy Chainlink feeds and an available ticker. Governance changes affect only future ETFs. Vault donations are excluded. Feed failure delays graduation only—it never changes fixed-unit settlement or blocks redemption.
Chainlink checks graduation AUM. Mint and redeem always calculate the exact component quantities from fixed units.
Transparent transaction fees
The one-time 0.0005 ETH creation fee belongs entirely to the protocol. Mint and redemption fees are charged in each basket asset and allocated 30% to the protocol and 70% to the ETF creator.
Provisional tickers
Funding ETFs may share the same provisional ticker. The contract address is their unique identity. The first eligible ETF to graduate claims its normalized ticker permanently. A losing ETF remains redeemable and its creator can rename the ticker before retrying graduation.
Redemption comes first
Burn ETF shares to receive every component in its fixed proportion, less the constant 0.10% redemption fee. There is no seven-day penalty and no SEAL or veSEAL requirement. Redemption remains open before graduation and during a mint pause or wind-down, subject to underlying token transfers functioning.
Risks & legal
Seal Finance is experimental software. Review these risks before creating an ETF, minting shares or redeeming a basket.
Market risk
Component values can rise or fall. Fixed units do not guarantee stable value or constant economic weights.
Smart contract risk
Code can contain defects. Verify contract addresses through official Seal Finance channels and never risk funds you cannot afford to lose.
Underlying asset risk
Tokenized stocks can be restricted, paused or unavailable in some jurisdictions. A failed component transfer can temporarily prevent atomic redemption.
Oracle and graduation risk
Stale feeds, Sequencer downtime or an oracle pause can delay graduation. Oracle status does not determine mint or redemption quantities.
Transaction fee risk
Mint and redemption each charge 0.10% in every basket asset, so the amount paid or received differs from the gross fixed-unit basket.
Ticker identity risk
Pre-graduation tickers are provisional and may duplicate. Always identify an ETF by its network and contract address.
Creator and governance risk
ETF creators receive 70% of fees. A protocol Safe controls asset registration and emergency states, but cannot withdraw ETF reserves.
Independent project
Seal Finance is independent and is not affiliated with, sponsored by or endorsed by Robinhood Markets, Inc. or component issuers.