A new ETF is live on the Diamond dApp: Robinhood Survivors.
It holds the twelve tokens on Robinhood Chain that have real liquidity and have been around long enough to prove it wasn't temporary. Right now that's NVDA, PIPEDOG, PONS, META, SPCX, CASHCAT, SGOV, STONKBROKER, CRCL, NOVAAI, WALLET and GLD.
Two rules decide what gets in.
The first is age. A token's pool has to be at least 30 days old. To qualify here, someone running a scam would have to keep it alive and funded for a month before they're even eligible.
The second is depth, measured honestly. Not the headline liquidity number, but the quote side of the pool.
Positions are weighted by the square root of depth rather than depth itself. That keeps the biggest pool from swallowing the fund while still tilting toward the ones that can actually absorb a trade. PIPEDOG has roughly five times GLD's liquidity and gets about 2.7 times the allocation.
It rebuilds every 24 hours. Each rebuild re-ranks the chain, buys anything new that qualifies, and sells what's fallen out. Before every buy it re-checks liquidity live, so a token that passed the ranking an hour ago but has since been drained never gets bought. Anything that takes money and doesn't deliver goes on a permanent denylist.
Stablecoins are excluded.