Your stock loan,
pinned.
Borrow USDG against NVDA, SPCX, GOOGL or ETH on Robinhood Chain. When the price falls, Piton sells just enough collateral and repays your loan before Morpho liquidates it. You keep the rest, without the 12.7% liquidation penalty.
Position on $10,000 of collateral.
Nothing to do yet.
Example on $10,000 of collateral. Liquidation costs the Morpho incentive of 12.68% of the debt repaid; Piton costs the Uniswap pool fee, the price impact and its 0.1% fee.
How it works
One contract, one permission, two numbers you choose.
Borrow on Morpho
Open a USDG loan against NVDA, SPCX, GOOGL or WETH from the app, or use a loan you already have.
Drive the piton
Authorize Piton on Morpho and set a trigger and a target, like 55% and 45% on a stock.
The keeper watches
Every minute the keeper checks your LTV at Morpho's own oracle price.
Caught, not liquidated
Past the trigger, Piton repays debt, takes the matching collateral, sells it on Uniswap and lands you at the target.
Liquidation or piton
Same loan, same price drop. The difference is who sells your collateral and at what cost.
| Morpho liquidation | Piton | |
|---|---|---|
| When it happens | At 62.5% LTV (77% for WETH), by a liquidator | At your trigger, before the line |
| Cost on the repaid debt | 12.68% incentive on stocks, 7.4% on WETH | Pool fee (0.05%, WETH 0.01%) + price impact + 0.1% |
| How much is sold | Whatever the liquidator chooses, up to all | Just enough to reach your target |
| Where the money goes | Your collateral to the liquidator | Every dollar of the sale repays your debt |
| Your position | Stays on Morpho | Stays on Morpho, in your wallet |
Four markets, live
The Morpho markets on Robinhood Chain with a deep Uniswap pool to sell into. Rates and liquidity come straight from Morpho.
What the contract can and cannot do
Piton is allowed to touch your position for one thing only.
protect() reverts while your LTV is under the trigger you set.
It sells the collateral needed to reach the target, never more.
The sale must return at least the oracle price minus 1.5%, or nothing happens.
Debt is repaid before collateral leaves, so the position is never weaker mid-way.
The owner lists markets and sets a fee capped at 0.5%. No function moves your money.
Clear your rule or revoke the Morpho permission in one transaction.
Questions
Does Piton hold my collateral?
No. Your loan stays on Morpho in your own address. Piton only gets Morpho's permission to repay and withdraw for you, and its code only uses it inside a rescue.
What does it cost?
Nothing while you are safe. A rescue costs the Uniswap pool fee (0.05% for stocks, 0.01% for WETH), the price impact of the sale and Piton's fee of 0.1% of the sale.
What about weekends?
Stock prices pause when the market is closed, for Morpho's oracle as well. If the Uniswap pool drifts more than 1.5% from the oracle, a rescue does not go through and the keeper tries again the next minute.
Which price does it use?
Morpho's own oracle for the market, the same price that decides liquidations.
Can it still be liquidated?
On a crash faster than the keeper's minute, or if the sale cannot meet the price bound, yes. Piton narrows the risk, it does not remove it.
Audited?
No. The contract is short, tested on a fork of Robinhood Chain against the real markets and open source. Start small.