Drip

Let it DRIP. (It’s a dividend)

Powered by Robinhood chain

0x6b1497cd68878f0b14ecbbd3db81b46103d66e3d

[Drip @Dripswapapp]

Tokenized stocks went onchain. Dividents didn't.

On July 1, 2026, Robinhood switched on its own chain and put listed equities on it. This is the visible half of Vlad Tenev's tokenization thesis, argued publicly since before the EU stock-token launch in June 2025: every asset becomes a token — stocks first, then private markets, then the rest — markets stop closing, and owning a share of Apple becomes as portable as holding a stablecoin.

The ownership half works. The tokens are ordinary ERC-20s, issued from Jersey, trading around the clock against USDG. At our last reading the AAPL token had ~56,000 holders on the chain; NVDA ~86,000. Then Apple paid its August dividend, and we watched what happened onchain. Nothing arrived. No transfer, no payout.

A single storage variable inside the token contract — uiMultiplier() — moved from 1 to 1.00056608. Robinhood reinvests every dividend and records it as a scaling factor: each token now quietly represents about 0.057% more shares than it did at launch. The value is real and publicly auditable. It is also invisible. Wallets don't show it. Explorers don't total it. Holders were not told.

That gap is our thesis: Tokenization, as shipped, moved ownership onchain and left income behind as an accounting entry. A share that pays you is different in kind from a share that silently revalues — the first is cash flow you can direct; the second you only notice if you know which storage slot to read. DRIP is the instrument we built to read that slot. It queries the multipliers live from chain RPC, prices them, and shows any wallet the dividend value already sitting inside its tokens .

Swap and collect dividends now on

https://t.co/40toP0xzp6

[Robinhood @RobinhoodApp]

Let it drip (it's a dividend)

[Drip @Dripswapapp]

$QQQ is now routable.

Depth at admission: QQQ $561K USDG at the 0.05% tier.

[Drip @Dripswapapp]

13 hours since leg 1 went live (Sep 2, 2 PM ET).

Analytics reads $58.9K swapped: 204 swaps, 120 wallets, $289 average. By route: ETH↔USDG $24.9K, NVDA $19.0K, AAPL $12.0K, SPY $9.4K. Launch-hour spike, then a US-session rhythm.

No vaults, leg 2 waiting.

[Drip @Dripswapapp]

Every listed stock token on Robinhood Chain has up to four Uniswap V3 pools against USDG.

Today: QQQ carries $561K USDG and 780 QQQ at the 0.05% tier; TSLA carries $236K and 363 TSLA — but at the 0.30% tier, its 0.05% pool holds nothing; MSFT carries $90K at 0.30%. NVDA, by comparison, sits at $4.6M.

A pool passes when a 100 USDG quote from the quoter lands within our slippage bound of the pool's own spot, when liquidity is concentrated inside the active tick range rather than parked far out of it, and when the executed output matches the quoted output on a dry-run — an eth_call of the exact router calldata, delivered to an arbitrary address, to prove the token has no transfer allowlist that would eat the swap after the fact.

The fee tier is chosen per token, not globally: TSLA will route through 0.30% because that is where its liquidity lives, and the leg-1 label on the panel will say so. ETH payers get a two-hop path — ETH ��� USDG at 0.01%, then USDG → token at its own tier — in a single atomic call.

Last gate: The token's uiMultiplier() must be readable, so that when the issuer's dividend arrives as a multiplier bump, the harvest math has something to read. All six canonical listings pass this; the extended names on the markets page wait on Robinhood minting them.

QQQ next. https://t.co/40toP0xzp6

[Drip @Dripswapapp]

Less than 24 hours since leg 1 went live.

Stats : $35.1K swapped, 128 swaps, 95 wallets, $273 average.

$20.4K vs day one $14.2K (+43.8%). By route: ETH↔USDG $13.3K, NVDA $10.6K, AAPL $6.2K, SPY $4.9K. Activity clusters around the US open, thin overnight. No vaults yet.

Userbase is and volume is climbing, we will be shipping more updates today.

-Drip Fam

[Drip @Dripswapapp]

@GeckoTerminal Definitely $DRIP

https://t.co/Idl6aY6ZVP

The first tokenised dividend relay on Robinhood, with new infrastructure constantly being built and shipped.

[Drip @Dripswapapp]

Update on https://t.co/0sLdt6F13X

What is routable today, with pool depth at our reading:
— USDG ↔ ETH, 0.01% pool, ~$6.8M USDG a side
— USDG → NVDA, 0.05% pool, ~$4.6M USDG / 6,823 NVDA
— USDG → AAPL, 0.05% pool, ~$191K / 212 AAPL
— USDG → SPY, 0.05% pool, ~$72K / 103 SPY
ETH routes through USDG first, in the same transaction.

TSLA's pools are empty, so it has no route.

Slippage bound 0.50%; approvals are exact-amount.

We are also working relentlessly on building the underlying infrastructure to integrate all the assets that are being listed, since the infrastructure for dividends onchain does not exist for some stocks.

[Drip @Dripswapapp]

@ponsdotfamily We just launched the first tokenized dividend platform on @ponsdotfamily

https://t.co/ANm9jKpGlN

Passive income without the rugs like Buttcoin

[Drip @Dripswapapp]

@vladtenev Hey @vladtenev , we are proud to announce that we have just built the first dividend platform on your chain!

https://t.co/ANm9jKpGlN

First there were tokenized stocks, now there are tokenized dividends.

[Drip @Dripswapapp]

@vladtenev @DanielVoll79674 @RobinhoodApp Hey @vladtenev , we just built the first tokenized dividend platform on @RobinhoodCrypto !

https://t.co/ANm9jKpGlN

[Drip @Dripswapapp]

We are working on adding more assets to the current list.

The team is also currently promptly fixing every bug that is being reported.

Your feedbacks are open.

-Drip fam

[Drip @Dripswapapp]

@Ren_Slayer1 https://t.co/C4cFO5e8eb

[Drip @Dripswapapp]

If you put in $25,000 into $MO , you would get about

$49 Weekly
$213 Monthly
$2560 Yearly

It's nothing crazy, but $MO will likely still be here and go up in value unlike your memecoins.

[Drip @Dripswapapp]

How to Swap?

1. Insert quantity of solana:2u1tszSeqZ3qBWF3uNGPFc8TzMk2tdiwknnRMWGWjGWH you wish to invest
2. Select an asset from the asset list
3. Click on swap and approve in metamask, make sure you have the correct balance

Notes : Dividends are paid to whole stocks, you must swap at least one full share worth of the underlying stock.

[Drip @Dripswapapp]

We have just locked 1.5% of our supply to show our long term commitment to perfecting and shipping the product to all of crypto.

Dividend Yield Tokenization is finally here!

[Drip @Dripswapapp]

Drip swap is now live on @ponsdotfamily

We are proud to announce that we are currently the first of its kind dividend RWA platform on @RobinhoodCrypto

Swap and reap the dividend yields now on

https://t.co/ANm9jKpGlN

CA : 0x6b1497cd68878f0b14ecbbd3db81b46103d66e3d