15 Practical Protocols to Watch on Robinhood Chain

Author: Emiri (blocmates)

Compiled by: Deep Tide TechFlow

Deep Tide Introduction: In the past two years, anything that rises in the crypto market has been defaulted as a meme coin. Rug pulls, crashes, influencer scams, insider games, bundled operations, and 3435 identical tickers under the same meme have exhausted many. However, in the past few weeks, a batch of truly "practical" projects has emerged on Robinhood Chain: some have transformed Olympus DAO's reserve model into a hard-coded version and layered it with tokenized stock casino games, while others have used Uniswap V4 hooks to earn lending yields and trading fees simultaneously from the same dollar. Some have split a single tokenized stock into "the stock itself" and "future dividends." The author emphasizes that interesting technology combined with attention and liquidity is the formula for success and a bullish trend, and reminds that none of this constitutes investment advice.

Robinhood is currently on fire, congratulations to all the new millionaires and the honorary members of the "six-figure hell" community. This time, I pray you don’t return that "money enough to buy a wife" back to where it came from.

In the past two years, whenever anything in the crypto market rises, the default reaction has been "another meme coin," thanks to Solana. Despite this, I feel that amidst blatant exit scams, endless crashes, influencer scams, insider games, bundled operations, and 3435 identical tickers under the same meme, everyone is somewhat tired.

It’s time to return to some logic.

Although meme coins like CASHCAT are naturally present on Robinhood, along with those paired with stocks to squeeze Wall Street, some quite interesting "practical" projects have indeed launched in the past few weeks.

Interesting technology + attention + liquidity = the formula for success and a bullish trend.

So, let’s take a look at some interesting practical projects on Robinhood. Of course, none of this is investment advice; please do your own research (DYOR) before buying or selling.

Giants {#article-toc-33853-2}

This article mainly focuses on some newer, lower market cap targets, so we won’t spend too much time on the established players, as you are likely already familiar with them. However, to put your minds at ease, we’ll quickly mention them.

• PONS: A leading native launch platform, market cap once approached $900 million.
• AI: The current leader in the MemeFi narrative. A meme coin paired with tokenized NVDA, with 80% of the buying fees used to purchase NVDA stock, stored in the community treasury.
• CASHCAT: While not a practical project, it is the leading meme coin on Robinhood and probably worth a mention.

At this point, our chief researcher @563defi published an article about two months ago, well before this wave of Robinhood frenzy, listing some interesting targets worth watching. Highly recommended for everyone to check it out.

Some noteworthy projects he mentioned include:

• Index: Essentially an on-chain index fund, but with token exposure, it has a bit of extra volatility. Index uses Uniswap V4 hooks to pull a portion from the INDEX/WETH trades to buy a basket of tokenized stocks like NVDA, AAPL, MSFT, etc., effectively allowing your crypto wallet to passively gain stock exposure.
• SLVR: Although it has pulled back 66% from its recent highs, it is one of the earliest mining protocols on Robinhood. It gamifies mining through a 5x5 grid lottery.
• Arcus: A joint venture between Robinhood and dYdX. This is an exchange where users can trade tokenized stocks and cryptocurrencies, both spot and contracts, currently in open testing.
• Rialto: An exchange based on propAMM for spot trading of any on-chain asset, providing optimal execution prices.

1. Longdotxyz (@longdotxyz) {#article-toc-33853-3}

We mentioned this project in our initial article, but we decided to highlight it again because its recent momentum has been incredible.

Long is a launch platform that pairs meme coins with tokenized stocks. The AI paired with NVDA is issued through Long.

In addition to AI, they have a batch of standout representative tokens:

• BONER: Paired with HIMS stock, it once surged to a historical high of $80 million. Interestingly, HIMS's CEO really followed the account @bonercoinlong.
• MEME: Paired with AMC, and Robinhood's CEO Vlad really followed the account @amemecoinrh. A meme coin abbreviated as AMC, I think you get the idea.
• NUDES: Paired with SNAP, because Snapchat is known for sharing intimate photos, naturally, according to crypto circle customs, the most entertaining results have come true.
• MOO: Paired with MU (Micron). I think you can see the meme connection, the pronunciation is similar, and when it rises, it really rises.

2. Netnet (@NetNetCap) {#article-toc-33853-4}

If you are familiar with Olympus DAO's OHM (3,3) era, Netnet will be quite familiar to you.

You can think of Netnet as an improved version of OHM: it has no policy committee, and all knobs and rules are hard-coded. It is the reserve asset manager for the NET token.

Netnet is the sole issuer of NET. Users can purchase NET through bonds, paying in USDG, which enters the treasury, allowing NET to be sold at a discount.

The treasury holds reserves and calculates two numbers that determine everything: RFV (Risk-Free Value) and NAV (Net Asset Value per token).

The reserve asset is USDG, and idle USDG earns yields in Morpho, capped at 70% of the treasury, with the remaining 30% kept liquid for bond payouts and buybacks.

On top of that, there is a gaming layer that has pioneered the trend of "RW-play" (real-world play).

Basically, the underlying is an Olympus-style reserve token, with a casino-style game of tokenized stocks on top, serving as the engine for income and attention.

3. Longbow (@longbowlend) {#article-toc-33853-5}

Longbow claims to be "the credit layer of Robinhood Chain." Essentially, its operation is like the classic over-collateralized DeFi currency market you are familiar with.

On Longbow, you can lend USDG to earn interest paid by borrowers; or, more interestingly, you can use any asset on Robinhood as collateral to borrow, whether it’s a meme coin, RWA coin, or tokenized stock.

Brothers, it’s the season to "leverage the bulls."

The highlight is the BOW token, which users can stake to earn USDG from protocol revenue while also receiving loan returns and deposit bonuses.

4. Twofold (@twofoldfi) {#article-toc-33853-6}

Twofold is built around Uniswap V4's DualPool mechanism, essentially allowing the same dollar to earn in two ways: lending yields + DEX trading fees.

The concept is simple:

Traditionally, you have $100, put it into a liquidity pool, and earn trading fees. But that’s too boring. Since this $100 can do more, why let it sit idle?

When you deposit that $100 into Twofold's pool, the protocol will let it sit in @Steakhousefi's lending treasury to earn interest.

When someone trades, this $100 will temporarily leave the treasury to provide liquidity for the trade, earn DEX fees, and then immediately return to the lending treasury to continue earning interest.

The same dollar, earning more money.

Then there’s the TWO token. The protocol will direct a portion of the pool's profits into the TWO staking treasury, sharing revenue with TWO stakers.

5. Mancer (@MancerXYZ) {#article-toc-33853-7}

Mancer can be seen as a DEX aggregator on steroids.

It offers a clean interface paired with a bunch of advanced tools to make your on-chain trading experience smoother: limit orders, take-profit and stop-loss, dollar-cost averaging, and various other useful features. What truly makes Mancer attractive is its outstanding routing system, ensuring you always get the best execution price.

Then there’s Mancer NFT and MANCER token.

Mancer NFT is priced in MANCER tokens. To qualify for protocol revenue sharing, you need an "activated" Mancer NFT. To activate it, you need to burn MANCER.

6. Quotron (@Quotrons404) {#article-toc-33853-8}

Quotron combines tokenized stocks, NFTs, and deflationary token economics to create a rather intriguing system.

There are a total of 4444 Quotron NFTs. Each NFT is an independent terminal that will continuously accumulate tokenized stocks, providing users with some passive income. However, to start earning, the terminal must first be activated.

To hardwire (i.e., create) a Quotron terminal, you need to burn 1 QUOTRON token. Once burned, this token will never return to circulation.

So you have a choice: buy QUOTRON to trade it, or buy QUOTRON and invest long-term. Burn the token and earn permanently.

7. Hookr (@Hookrfun) {#article-toc-33853-9}

Hookr is a launch platform that utilizes Uniswap V4's hooks, allowing creators to issue tokens with rules directly written into the trading pool.

Creators can write in rules such as anti-sniping, surge fees, automatic burns, and different styles of LP rewards.

Tied to this launch platform is the HOOKR token, which serves two levels of purpose.

The trading fees generated by HOOKR issued projects paired with ETH will be directed into the protocol for buybacks and burns of HOOKR. On the other hand, it also allows creators to pair their coins with HOOKR, thus waiving the fees charged by the protocol.

8. Fables (@fablesfi) {#article-toc-33853-10}

Fables is a DEX built using Uniswap V4 hooks, designed specifically for efficient trading of tokenized stocks.

The prices, trading volumes, and overall trading activity of tokenized stocks largely depend on whether the stock market is open or closed, which is why Fables has designed a dynamic fee rate system.

Instead of charging a standard fee of 0.3%, it increases the fee when stock prices rise or trading volumes expand (to compensate LPs), and then lowers it again when activity decreases.

Currently, the protocol has a PROLOGUE token, which, as the name suggests, is a placeholder token, serving as the "prologue" before the actual governance token is launched. The real governance token will be released soon, and PROLOGUE holders can exchange it on a 1:1 basis.

9. Statics (@StaticsProtocol) {#article-toc-33853-11}

Statics is somewhat like an integrated financial infrastructure protocol on Robinhood.

Its core feature allows you to bundle multiple tokens into a fixed basket, which can then be traded, used as collateral for loans, and earn fees. In theory, you could have a basket containing NVDA, AMC, AAPL, and MSFT, and receive a BasketToken representing this combination.

Additionally, there are features for basket collateralized loans, stablecoins (USDstx), and shared risk products.

STATICS is the staking and reward token of the protocol. You can stake STATICS into Position NFTs and choose which reward asset you want to receive.

Statics has 5555 "Operators" NFTs. Essentially, these are access and reward NFTs backed by reserves. Each circulating Operator represents a total backing of 180,000 STATICS, and Operators can be activated to increase their reward multiplier.

10. Arrow Finance (@ArrowFinanceio) {#article-toc-33853-12}

Arrow Finance is another integrated DeFi application.

It features a lending module where users can use cryptocurrencies or tokenized stocks as collateral to borrow aUSD; ArrowPad acts as a launch platform; and there is an aggregator that allows people to exchange any asset at the best price.

The native token is ARROW, and its functionality comes from locking it as veARROW.

veARROW grants you voting rights on the following matters:

• Which assets can be used as collateral
• LTV ratios
• Liquidation parameters
• Fee rates
• How surplus buffers are utilized
• Oracle configurations

11. Shroom (@shroom_network) {#article-toc-33853-13}

Shroom serves as the liquidity layer for Robinhood Chain to some extent.

Instead of creating another DEX, Shroom directly provides all liquidity using its native token SHROOM, pairing it with a wide array of tokenized stocks.

They charge fees from these LPs, and the protocol automatically reinvests the fees to further deepen liquidity.

The ultimate vision is for the SHROOM token to represent the protocol's own liquidity for all tokenized stocks on Robinhood Chain.

Additionally, SHROOM holders will regularly receive MU stock rewards; the ultimate goal is to allocate a portion of the protocol's revenue for buying back and burning SHROOM tokens.

12. Clutch Markets (@ClutchMarkets) {#article-toc-33853-14}

Stonkbroker is an intriguing protocol that is currently gaining momentum.

Its core consists of 4444 ERC-6551 NFTs. Each NFT acts like a small on-chain brokerage account with its own wallet.

This brokerage account comes preloaded with randomly allocated tokenized stocks, and you can also use this NFT as collateral for loans.

To earn more stocks, you need to activate the "clock in" system, which requires paying an activation fee with STONKBROKER tokens.

Moreover, STONKBROKER is also used for:

• Buying and selling Brokers on Anvil
• Paying activation fees
• Participating in the StonkBrokers ecosystem
• Providing liquidity
• Interacting with various financial products from Clutch

On top of that, there is a complete product matrix.

• StonkBrokers: NFT + token-bound stock wallets
• Anvil: NFT AMM / trading / lending
• Clock In: tokenized stock rewards
• Safety Deposit Box: LP locking
• Broker Box: tokenized stock lottery / gacha mechanism
• Stonk Launcher: token launch platform
• Stonk Exchange: vDEX / trading venue
• Leverage Machine: leveraged products

13. Orbio (@orbiodotso) {#article-toc-33853-15}

I know the previous sections were all about stocks and DeFi, but of course, we need to touch on AI as well.

Orbio allows you to call models on OpenRouter with just an API key.

Beyond that, an even more interesting aspect is that Orbio acts like a trading market for AI credits, where unused credits can be traded with others.

However, what truly makes things interesting is the ORBIO token.

Holding ORBIO can earn you AI credits.

If you hold at least 1000 ORBIO, you will receive a share of the fees generated from ORBIO transactions. Each ORBIO transaction incurs a 1.5% fee, of which 50% will be converted into OpenRouter credits and distributed to eligible holders.

This means that 0.75% of the transaction volume is converted into AI credits.

In other words, when people trade ORBIO, transaction fees are generated, and 50% of those fees become OpenRouter credits, which ORBIO holders receive and can use to call any model on OpenRouter.

This is a credit trading market, paired with a token that turns transaction fees into AI computing power subscriptions.

14. Earn (@EARNONHOOD) {#article-toc-33853-16}

The idea behind Earn is to generate returns from your tokenized stocks. You can hold stocks while also earning additional returns on your holdings.

For example, with NVDA.

Earn allows you to put NVDA and USDG into a custodial liquidity vault. The protocol has a smart system that always directs liquidity to the pool with the highest returns. While you hold the stocks, it manages the liquidity for you and allows you to earn returns from it.

15. Pare (@PareStocks) {#article-toc-33853-17}

Pare is somewhat like a competitor to Pendle, but it operates on the Robinhood Chain and instead of splitting tokens, it divides a single tokenized stock into two components: the stock itself and its future dividends.

Imagine you hold one tokenized AAPL. Typically, this stock token is bundled with:

AAPL's price exposure + dividend exposure

However, PARE allows you to split it into:

• pAAPL = the stock itself
• yAAPL = future dividends

Both can be merged back into one AAPL token at any time.

This makes your strategy more flexible. Perhaps you want a discounted stock exposure, then buy pAAPL; or maybe you only want dividend exposure, then buy yAAPL.

To ensure this system operates efficiently, Pare has a unique oracle system that essentially distinguishes between "stock splits" and "dividends" on the multiplier of tokenized stocks.

Ultimately, the fees generated by the protocol will be used to buy back and burn PARE, allowing holders to share in the protocol's upside.

Conclusion {#article-toc-33853-18}

Everything is evolving at lightning speed once again, and we might have missed some interesting projects, so please don't be mad at us; feel free to add to the list below, and we will include them in future versions.

Most importantly, we finally have some excitement again. No more rolling the dice on meme coins controlled by small groups. It's refreshing to see people seriously building things again.

How long can this last? Only time will tell. But for now, users clearly crave such offerings, and this desire seems far from being satisfied.

Happy trading, do your own research, and stay safe.

Note: This analysis is produced in collaboration with blocmates and Plasma, based on publicly available information and documents. Please make sure to do your own research (DYOR).