Turbo Range: buy at lows, sell at highs, in stages
Set below today’s price, a Turbo Range position buys in stages as the price falls. Set above it and funded with the stock, a position sells in stages as the price rises
Converted to stock0%
Average price so far–
StatusOut of range
Out of range: the position is all USDC and earns no yield until the price enters your price range.
What it is
- A feature of DeGate, a self-custodial wallet
- For on-chain stocks such as TSLAon, paired with USDC
- While the price is in your price range, you earn yield from trading fees; collect it with Claim Yield
The rules
- Set it by valuation, not by the chart: buy in the bottom third of your fair-value range, sell above that range
- Estimated APR is not a promise: you earn only while In range and people trade there
- Once a position fills, use Withdraw & Close: left open, it converts back if the price returns to your price range
- On-chain stocks such as TSLAon are third-party tokens, not shares, and carry no shareholder rights. Ondo, which issues TSLAon, lets holders of some tokens state voting preferences, but these don’t bind it
- No leverage and no liquidation, but a filled position holds only the on-chain stock: size it to survive a big loss
- Watch weekends and US holidays: only a few tokens, TSLAon among them, keep trading with the issuer. The rest have no live quote, and their on-chain prices can drift far from fair value
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