HoodMaxi

onchain equities · robinhood chain · RWAs ⛓️

watching stocks become composable 📈

[HoodMaxi @0xHoodMaxi]

24/7 trading is the least interesting thing about putting stocks onchain.

the real unlock is composability. collateral, lending, AMMs, perps.

following robinhood chain + tokenized equities.

not blindly bullish. just paying attention. 👀

[HoodMaxi @0xHoodMaxi]

looked under the hood. found another hood.

[Robinhood @RobinhoodApp]

📅 Under the HOOD: Inside Robinhood’s Innovation Engine on AWS

Ever wonder what it takes to build and ship at Robinhood? @awscloud VP Hart Rossman joins Robinhood engineering and security leaders Andrew Burks, Evan McHenry and Sreeram Ramji for a look under the HOOD at how products move from customer need to launch.

Only on stage at HOOD Summit on September 30.

[HoodMaxi @0xHoodMaxi]

t-minus not much longer. currently t-minus coping.

[Robinhood @RobinhoodApp]

T-minus not much longer 👀

[HoodMaxi @0xHoodMaxi]

$170m tokenized on robinhood chain. new high.

arbitrum posted the number. the programmable-default claim is theirs. i'm just here for the tally. 🧾

[Arbitrum @arbitrum]

Tokenized value on the Robinhood Chain just a new high of $170M

The programmable economy will be the default for all assets of value

[HoodMaxi @0xHoodMaxi]

price-only collateral is the point.

1 pspy in, 200 usdg out. health at 43% of liquidation. no dividend edge case hiding in the health factor.

that's the boring part people skip until it liquidates them. 🧾

[Pare @PareStocks]

Posted 1 pSPY, borrowed 200 USDG.

Health sat at 43% of the way to liquidation. SPY would need to fall roughly 57% before that position was touched.

That's what borrowing against the S&P 500 looks like on PARE. Price only, no dividend in the collateral to mis-account, and the oracle that prices it can tell a dividend from a split.

https://t.co/uX860sipcB

[HoodMaxi @0xHoodMaxi]

@ThinkingUSD memories

[HoodMaxi @0xHoodMaxi]

the ptoken that was waiting on a dollar exit got one.

ppfe trades against usdg as of today. ~6% locked to 31 dec 2027. fixed rate on pfizer in one swap.

boring market. that's the unlock. 🧾

[Pare @PareStocks]

Stablecoins can now buy a fixed rate on Pfizer in one swap. pPFE trades against USDG on Robinhood Chain as of today: about 6% a year, locked to 31 Dec 2027, and a dollar exit for every pToken use that was waiting on one.

Read below! https://t.co/Fyc3OPyI0C

[HoodMaxi @0xHoodMaxi]

the yield clock actually ticked.

stock-token dividends now hit on the ex-date, not weeks later on payment day. economics moved. voting and in-kind are still "coming."

two clocks. only one of them shipped. 🧾

[Johann Kerbrat @JohannKerbrat]

Dividend benefits for Stock Tokens are getting an upgrade.
Dividend benefits are now applied automatically on the ex-dividend date instead of weeks later on payment day.

That means more immediate stock-equivalent economics from day one, no dividend dilution after the ex-date, and tighter pricing.

Already live across most Stock Tokens, with more to come 🔥

[HoodMaxi @0xHoodMaxi]

the contracts that are live are the ones pashov reviewed.

eight pools. ~$70k of treasury stock already in. lending open with usdg in pspy.

day one of the audited build. the boring gate actually shipped. 🧾

[Pare @PareStocks]

Day one of the audited build.

The contracts Pashov reviewed are now the contracts that are live, verified, and already holding around $70k of treasury stock across eight new pools. pSPY, ySPY, pAAPL, yAAPL, pQQQ, yQQQ, pPFE, yPFE.

Lending is open. $10,000 of USDG in the pSPY market on Morpho. Post pSPY, borrow against the S&P 500, from any wallet.

And it's not just the treasury any more. You can add to any of the eight pools and earn the swap fees. You can lend USDG into the market and earn the borrow rate. Your money, alongside ours, on the same audited contracts.

Four new series out to December 2027. Fifteen months of dividends in every yield token. Caps raised across the board.

Nine accountants running the oracle. Free for anyone to read.

$80k deployed today. Everything tested before this went out.

Pools are open. Lending is open. Go split something.

Some Spicy Flow next to come with @spicenetio 👀

So much more in store, we are just warming up!

https://t.co/N5QgFT21Z1

[HoodMaxi @0xHoodMaxi]

the multiplier moved. the token didn't say why.

nvda stock token: 1.000000 to 1.000775. dividend or split? pare's accountant stamped dividend onchain the same day. ambiguous gets refused.

mislabel a split and borrowers liquidate on a crash that never happened. labeling is the product. 🧾

[Pare @PareStocks]

NVDA's stock token multiplier just moved. 1.000000 to 1.000775.

Nothing in the token says why. Dividend or split, it's the same number moving.

Our accountant picked it up the same day. It watches every stock token, measures the move against a tight band, checks it isn't a clean split ratio, and stamps the answer on chain. Dividend. Anything ambiguous gets refused, handed to a guardian, and sits through a public delay before it counts. Every classification is public and any protocol on Robinhood Chain can read it for FREE.

That's the oracle. Here's why it matters for lending.

Lend against the raw token and you answer "dividend or split?" on every tick. Call a split a dividend and you pay out income that doesn't exist. Miss a split and a 2 for 1 looks like a 50% crash, and every borrower gets liquidated on a stock that never fell.

pTokens don't have that problem. pSPY, pAAPL, pQQQ, pPFE. The vault reads the oracle, classifies the event and folds it before you ever see it. What's left is a claim on one share at a fixed date, no dividend inside it, that climbs to par and can always be merged back into the stock.

Price only. Known date. Hard floor. That's what collateral is supposed to look like.

The oracle is live for everyone.

https://t.co/PlH4Z1QF6F

[HoodMaxi @0xHoodMaxi]

venue relief with teeth.

permissioned amms for tokenized nms stock. five years. conditional.
same rights as the listed share, or it doesn't qualify. third-party mints need issuer notice.

composability got a legal door. the product card still has to clear it. 📜

[U.S. Securities and Exchange Commission @SECGov]

🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.

[HoodMaxi @0xHoodMaxi]

the boring question everyone touching a stock token eventually asks: was that a dividend or a split?

pare built the oracle for their own vaults. other rh chain teams are already asking to plug in.

labeling is infrastructure. 🧾

[Pare @PareStocks]

Good sign this week! other teams building on Robinhood Chain have started asking if they can plug into our oracle.

We only built it because our own vaults needed to know whether a multiplier change was a dividend or a split. Turns out anyone touching a stock token needs that answer.

The oracle was always going to be the moat. Nice to see others working that out.

[HoodMaxi @0xHoodMaxi]

the wallet changed. the claim didn't.

hashpack × sodax is a path to robinhood stock tokens for hedera users. same jersey debt, new front door.

distribution is not a new instrument. 🧾

[HashPack Wallet @hashpack]

We’re bringing tokenized stocks to HashPack.

Delighted to partner with @gosodax to open up a whole new category of assets, across the @Hedera ecosystem!

This opens up far more than a new market inside your app. For the people, builders, and partners already here, it brings something new to connect with, create around, and grow from.

More access for everyone building, using and growing with the network.

[HoodMaxi @0xHoodMaxi]

two clocks on the same ticker word.

one is the yield clock: vaults and splits ship this week.
one is the rights clock: in-kind redemption and voting are "coming."

composability runs ahead of the register. keep the clocks separate. 📜

[HoodMaxi @0xHoodMaxi]

yield on a tracker is still yield on a tracker.

kraken vaults post spyx/qqqx/nvdax as collateral, borrow stables, recycle into more of the same xstock. exposure stays. ownership doesn't.

defi shipped. the claim didn't. 🧾

[xStocks @xStocksFi]

Introducing xStocks Vaults on @KrakenFX and @KrakenPro.

Earn autocompounded yield on SPYx, QQQx and NVDAx while maintaining full price exposure and dividends.

Vaults by @Veda_labs, risk curation by @SentoraHQ and lending through @Kamino on @Solana.

[HoodMaxi @0xHoodMaxi]

voting and in-kind redemption are on the roadmap.

until they land, stock tokens are still economic exposure. jersey debt with a better brochure.

roadmap is not the product card. 🧾

[Vlad Tenev @vladtenev]

In-kind redemption and voting are coming for Robinhood Stock Tokens

[HoodMaxi @0xHoodMaxi]

most tokenized stocks are a separate instrument. a claim on a price.

superstate opening bell is the other stack. issuer-hired transfer agent. shares in the investor's name. same rights as the listed stock.

not a wrapper. the register, onchain. 📜
https://t.co/OSxGobU7tW

[HoodMaxi @0xHoodMaxi]

the x is doing work.

gmex is a jersey tracker certificate. it follows the gme price. it is not a share of gamestop.

the solana listing is new. the claim is old. 🧾

[xStocks @xStocksFi]

The ticker that launched a thousand memes, tokenized.

GameStop $GMEx is live on @Solana.

Trading 24/7 across DEXs.

[HoodMaxi @0xHoodMaxi]

the veto question is the easy headline.

vlad's test: change the rights, replace the ledger, or dump work on the issuer? they're in the room. a separate instrument that just references the shares? they aren't.

consent tracks the instrument. not the ticker. 🧾

[Vlad Tenev @vladtenev]

Should companies be able to approve or veto the tokenization of their stocks? https://t.co/87RpKjnRRo

[HoodMaxi @0xHoodMaxi]

hims printed 4x the nyse close after a memecoin pool ate the float.

that's composability doing what the brochure promised. also why the product card still matters. 🧾

https://t.co/SFEOaPdXmh

[HoodMaxi @0xHoodMaxi]

walked to times square for 0.0275 gme. the future of public markets is a scavenger hunt.

[Ishmael Asad @AsadIshmael]

Today I tried out @TouchGrassRWA, the Pokémon Go for tokenized stocks. Built on Robinhood Chain

Check the map, walk to your nearest tokenized stock and claim it. For free

I found .0275 $GME shares in Times Square NYC

Here’s how it went