Theory

Track theories and trade stocks. Powered by @RobinhoodCrypto.

[Theory @TheoryFund]

1/ $THEORY is live.

CA: 0x672918c5a67013d9a5c1e27fe59de5b3bae2953a

[Theory @TheoryFund]

Every equity @RobinhoodApp tokenises on Robinhood Chain can be admitted to the allowlist, and once admitted it is investable inside every theory published afterwards.

Admission is a public transaction. It does not require a governance vote, a contract upgrade or a migration, and existing vaults keep working through it.

[Theory @TheoryFund]

Next step.

List on @RobinhoodApp

[Theory @TheoryFund]

A thesis is a sentence.

A portfolio is a vector of weights.

Theory specifies the map between them and measures each part of it.

$THEORY

[Theory @TheoryFund]

8/ Publish your theory today.

https://t.co/M3bgVHNlMC

[Theory @TheoryFund]

1/ @RobinhoodApp put 194 tokenised equities on chain as ordinary ERC-20 contracts. Theory is the composition layer for them.

[Theory @TheoryFund]

7/ Each holding carries one line of reasoning and every revision lands in a public changelog, so a holder can follow the thinking rather than only the price.

[Theory @TheoryFund]

A fifteen-word thesis runs about ninety characters, which at 1.25 bits per character carries roughly 112.5 bits of information. The basket it produces carries about 69.2: 45.3 bits in choosing eight names from 194, and 23.9 bits in weights at a distinguishable grid.

The basket therefore retains about 61% of the sentence. Around 43.3 bits of what the creator meant is not recoverable from the holdings and weights alone, and no amount of tuning the vector recovers it, because the channel is too narrow.

That residual is why every holding in a Theory vault stores one line of reasoning on chain. The line is not commentary on the basket. It is the part of the thesis the weights could not encode.

[Theory @TheoryFund]

1,950 US ETFs held less than $50 million as of 31 March 2026, which is 38.4% of the market (FactSet). Morningstar puts break-even for a new active ETF at roughly $33 million in assets against about $250,000 of annual fixed cost.

So more than a third of the products on the shelf are at or below the line where the structure stops paying for itself. The demand for specific exposure is real and the wrapper is too expensive to serve it.

Theory is a vault factory on Robinhood Chain where publishing carries no protocol fee and the minimum first deposit is 0.005 ETH into the creator's own vault. A basket with four holders costs the protocol nothing to keep alive.

[Theory @TheoryFund]

Publishing a theory takes one signature.

Write the thesis, review the holdings and the reasoning attached to each, and sign.

The factory deploys the vault and records the creator as its owner.

[Theory @TheoryFund]

7/ Theory is live on Robinhood Chain.

The vault factory is deployed and verified at block 52,540,542, and publishing is open.

https://t.co/M3bgVHNlMC

[Theory @TheoryFund]

1/ Theory is live on Robinhood Chain. The vault factory is deployed and verified at block 52,540,542, and publishing is open.

[Theory @TheoryFund]

6/ Issuance floors every division toward the vault, so no deposit at any size reduces an existing holder's per-share claim. Genesis mints at par against locked shares, and worst-case rounding loss on a 0.005 ETH genesis is twelve wei.