The past 48 hours have been pretty nuts on Robinhood (RH) Chain... 203k wallets now hold tokenized equities (+46% in 3 days)... an inflection point in distributing equities to new holders "Float squeezes" fast becoming a w/e fiasco as penny stocks become prime targets for onchain trenchers Latest RH Chain developments: 1/ BONER/HIMS: Stock meme. BONER (Fartcoin of RWAs?) absorbed roughly 81% of available HIMS tokens, which traded 37% above its underlying share price - see my longer post on this below & why this will become increasingly important 2/ CINEMA: Stock meme. An isolated AMC pool traded at multiples of spot as CINEMA token pumped 3/ @ArtificiallyInu: Stock meme. 23% of RH’s NVDA supply now backs AI; degens gunning for that "Board Sit"... as more projects launch memes to pair with other (smaller) tokenized equities this drives value back to the AI (Long) eco so worth paying attention 4/ @ponsdotfamily: Launchpad. Insane run as Market cap now > $400m as leading protocol on RH. 63% share; cbBTC pairs, $5.3M fees, $1M revenue + now perps available to help large holders hedge their downside, but also onchain squeeze hunting commences? 5/ @fablesfi: RWA DEX. TVL doubled to $2.24M; fees reached $16K. PROLOGUE token is a prequel to the Fable token afaik. Check @MCGlive show this weds for large catalyst - could become the Aerodrome of RH 6/ @longdotxyz: RWA DEX. Passed $210M volume, including $90M through NVDA; now has $5M in TVL across all its RWA pools h/t @Natan_benish 7/ @prismassets: RWA marketplace. Prism Assets will add tokenized antiques (nice) soon to bolster its 2k+ RWAs tro trade including uranium + other exotic assets 8/ @arcus_xyz: Exchange. Beta crossed $2B volume; 1,674 active perps traders as the contrinutors from DyDX create this RH focused primitive 9/ @Lighter_xyz: Perpetuals. Chainlink partnership bolsters RH distribution for perps; RH volume rebounded 44% as L()ong teased integration + excited to see broader offerings on private company stocks (OpenAI just the beginnig) 10/ @virtuals_io Agent platform. $270M RH volume; co-authored policy-wallet standard ERC-8196; essentially could see a lot more agentic activity on RH chain as agents plug into new protocols... Still believe this is a HUGE opportunity for agentic first protocols to start deploying solutions on RH. Seeing copy trading bots emerge but there's so much more to offer! 11/ @scalarliquidity: Liquidity. SCL launched via v4[dot]fun; holders receive 0.4% trading fees. LP protocols are gonna become increasingly important give the w/e activity! 12/ @NetNetCap: Treasury. Crossed $5M; $2M now sits in tokenized equities. new market on Longbow lend also for wsNET/USDG to facilitate broader credit markets 13/ @Uniswap: DEX. $5.5M daily fees; TVL reached $134M as V4 hooks become a fundamental innovation driving a lot of acrtivity on RH around tokenized stocks 14/ @gmgnai: Trading terminal. RH fees rose 38% to $1.3M daily. Trading apps (particularly Fomo / Pump) are driving a lot more interest in onchain. The uPNL for FOMO could possibly become the preferred avenue for plumbers as it incentivized longer hold times 15/ @giga_dex: DEX. Genesis scheduled today; daily volume reached $24M; another liquidity alternative to look into 16/ @MosaicETF: RWA baskets. Expanding from RH to Base, BNB and Solana - multi chain with more assets available could be a reasonable play long term 17/ @Tangem: Wallet. Added RH support, ATM cash-out and zero-fee Pay Plus. Large additional distribution to broader users 18/ @uponrh: Liquidity DEX. $112K fees, $74K revenue; TVL reached $8.5M; already plugged into the Clutch/Stonbroker eco 19/ @thicket_rh: GPU network. 1,183 active nodes within its first 36 hours; certainly something a bit different leading the DePin charge on RH 20/ @GwoodFinance: Neobank. Beta walkthrough scheduled today with its live product on @MCGlive ; fast becoming a great source of insights 21/ @ClutchMarkets: aka Stonkbrokers. Trading stack. Reveals STORMM + leverage machine = permissionless options-underwriting layer where tokenized-stock holders sell volatility to degens 22/ @longbowlend: Credit. Crossed $60K TVL and $11.6K active loans with whales positioning for what could be a leading credit layer opportunity - recent addition is wsNET/USDG 23/ @deltaliquidity: LP manager. Partial withdrawals, deposits, charts and PnL fixes shipped. More competition emerging here but it's clear from the "Float squeezes" that LP protocols are going to be key 24/ @letscashfun Launchpad. Emerging alt launchpad with custom supplies now range from 1B to one quadrillion 25/ @RamsesExchange: DEX. Fees jumped 55% to $74K; TVL reached $2M. Popped on my radar today, currently multichain afaik but new token worth monitoring 26/ @RadioSharing: social deployment layer. BANKR of RH goes live 27/ @Pons_Factory: Launchpad on Pons. Provides automatically pairing with leading Pons token. Could be interesting value accrual to PONS. Just released "Paste a tweet, launch a token" 28/ SPACETIME. Meme on Pons. The original name of Robinhood caught the attention of the timeline. Alpha: @umia_finance is coming to market with what I expect to have a number of high value projects coming through their pipeline (including RH chain) OPPORTUNITY: LIQUIDITY DEPTH The warning is that user growth is currently outrunning available onchain float... so flip that into an opportunity; protocols providing productive Stock Token liquidity Float squeezes creates volume and fees, but also creates broken pegs, fragmented prices + weekend markets that can detach violently from their underlying shares Which material protocol or Stock Token experiment am I missing? I'll append below or include tomorrow Let me know below in the comments if you want a spreadsheet of all the tokenized equity/ meme pairs - i'll include in my newsletter tomorrow if so