Rungdevnet
OpenAI PreStocks

Where would you own it?

Market implied
$1.3907T
PreStocks mark
$1.234T
Market vs mark
+12.70%

Devnet demo. PreStocks exist only on mainnet, so the token escrowed here is a mock that reproduces the real mint’s 0.5% transfer fee and 1.4861347 scaled-amount multiplier. The valuations above are live from the real PreStocks API.

Capital committed to buy

Market trades at $1.39T
$1.2T
—
$1.1T
—
$1.0T
$170.00
1 wallet holds 88%
$900B
$120.00
1 wallet holds 100%
$800B
$100.00
1 wallet holds 100%
$700B
—

Capital committed at each level — not an estimate of what the company is worth. Premium and expiry both affect willingness independently of conviction, and a single wallet can dominate a band, so concentration is shown rather than hidden.

$1.0T$10.00$4.60 premium30d to expiry858H…snzw
$1.0T$10.00$4.60 premium30d to expiryB2To…8MjE
$1.0T$150.00$6.90 premium30d to expiryFeDT…TkdK
$900B$120.00$5.50 premium30d to expiry89S5…Nxi9
$800B$100.00$4.60 premium30d to expiryEhrf…nABo

Commit at a valuation

Expiry
Reality check
Target valuation$1T
vs market−28.09%
vs mark−18.96%
Fixed strike$807.1479
PreStock if exercised0.12389303
USDC locked$100.00
Premium received$4.60
Premium / collateral+4.60%
Transfer fee, round trip+1.00%

The strike is fixed at creation. If OPENAI’s valuation changes afterwards, this agreement does not change with it. The round-trip transfer fee is charged by the mint, not by Rung, and is not refunded.

Collateral, honestly

  • Issuer holds permanent delegate (WV9PJN7XTmTLVwbutCLFxp8TyePee6Xq5mRq6Fti5Wc) and can move escrowed tokens out of the vault.
  • Issuer holds freeze authority (WV9PJN7XTmTLVwbutCLFxp8TyePee6Xq5mRq6Fti5Wc) and can freeze the vault account.
  • 0.5% transfer fee applies on entry and on payout.
Read the limitations →
Mint PreweJ…Q3rpgF ↗