LevEstatePerpetual Futures
on Real Estate
LevEstate lists perpetual futures on the national house price index of 25 countries. Take a view on a housing market with a wallet and a USDG balance — no mortgage, no agent, no closing.
25
Countries live
5x
Max leverage
0.10%
Fee per side
USDG
Collateral
24/7
Market hours
Markets
One Market for
Every Housing Market
House prices move slowly and print rarely, and until now there was no way to trade that directly. LevEstate turns each official index into a continuous market you can enter and exit at any hour.
LONG & SHORT
Trade the index itself
Open a position on any of 25 national house price indices, long or short, at up to 5x leverage against a single USDG balance.
MARK
A live price between prints
Official indices print monthly or quarterly. Between them the mark moves on published drift and position skew, and the terminal shows every term of that calculation.
Schedule
Settled to the real number
On release day the official value is posted and every open position settles against it. The gap between the estimate and the print is the payout — no oracle, no vote.
Why it works
Built around the way housing data actually behaves
Housing is the largest asset class on earth and the least tradable one. LevEstate is built on the single thing every housing market already publishes: an official index, on a published schedule, from a national statistics agency.
Official Data Only
Every market tracks a published national index — Case-Shiller, the ONS index and their national equivalents. The source and the release calendar are listed on each market page.
Always a Counterparty
There is no order book to be thin on a quiet index. Every order fills against the protocol at the current mark, so you never wait for someone to take the other side.
Capped Downside
Margin is the most a position can lose, and payouts are capped at a fixed multiple of margin. Both numbers are shown before the position opens.
Funding Keeps It Balanced
When one side of a market crowds, funding flows from the crowded side to the other. The rate is a published function of the skew, capped and recorded on every tick.
One Balance, Every Country
Deposit USDG once on Robinhood Chain and trade all 25 markets from it. No per-market accounts, no currency conversion, no wire.
Frozen Before a Print
Each market freezes ahead of its scheduled release, so no one can open a position once the number is effectively known. The freeze window is published per market.
Markets
Twenty-five housing markets, one balance
Every market lists its index, its publisher, its release schedule and its leverage cap. These are a few of them.
FAQ
What exactly am I trading on LevEstate?
LevEstate lists a perpetual future on each country's official national house price index — the same number its statistics agency publishes. You are not buying property, a REIT or a token backed by property. You are taking a leveraged long or short position on the level of that index, denominated in USDG.
How is the price set between official prints?
Official indices only print monthly or quarterly, so between prints the mark is an estimate, not an oracle price. It starts from the last official print, adds a drift term from that index's published long-run trend, and adds a skew term that responds to how positions are balanced. Every one of those three terms is shown on the market page, so you can always see how the current mark was built.
What happens on release day?
When the statistics agency publishes the new value, it is posted to the market and every open position settles against it in one step. The difference between the mark just before the print and the official value is the gap, and your payout is that gap applied to your position size. After settlement the market reopens against the new base.
Who is on the other side of my trade?
The protocol is the counterparty to every position, so you never wait for another trader to take the other side of a quiet index. Each market has its own risk limits, and if one side is full the order ticket tells you before you sign anything.
What can I lose?
Your margin. A position cannot lose more than the margin posted against it — if the mark reaches the liquidation price, the position closes and the margin is gone. There is no further call on your balance. Payouts are capped at a fixed multiple of margin, and both the liquidation price and the maximum payout are shown before you confirm a position.
Why does a market freeze before a print?
Because the release schedule is public, and near a release the number is often effectively knowable from partial data. Each market therefore stops accepting new positions for a published window ahead of its print. Existing positions stay open and settle normally; you simply cannot open a new one into a number that is no longer uncertain.
What is funding and when do I pay it?
Funding is the mechanism that keeps the two sides of a market balanced. When longs crowd out shorts, longs pay shorts, and vice versa. The rate follows how lopsided the market is, it is capped, and it accrues continuously against your position rather than in discrete payments.
What do I need to start?
A wallet on Robinhood Chain and a USDG balance. Connect the wallet, deposit USDG, and every one of the 25 markets trades from that one balance — there is no per-country account, no currency conversion and no wire. Withdrawals go back to the same wallet.
What is LevEstate?
LevEstate is a perpetual futures venue for housing. It lists 25 national house price indices as continuously tradable markets, collateralised in USDG on Robinhood Chain, with every position settling to the official figure its statistics agency publishes. It exists because housing is the largest asset class in the world and, until now, the only way to take a position on it was to buy a house.