# Robinhood — X 热门讨论 (2026-09-19 08:26 UTC)

## @RobinDogMarket (RobinDog) · 09-19 06:27 · ♥103 ↻21 💬7 OUR TOKEN JUST HIT $3.7M MARKETCAP

From building Prediction Markets for the stories behind stock & crypto moves to reaching $3.7M marketcap

The journey is just getting started !

Check our chart on FOMO: https://t.co/dFM1DR7Pqn

#robinhoodchain #pons #robindog https://t.co/zyhmyiNqUD https://x.com/RobinDogMarket/status/2101196561191723189

## @xLinkMoney (X Link) · 09-19 04:00 · ♥51 ↻12 💬16 //dev update

1. Website V2 is now live, introducing an entire new UI/UX to enhance experience especially for first time viewers and easy navigation for existing holders.

2. Automatic burn contract is now live burning supply every 4.20 minutes. https://t.co/4lvvPHAGn4

3. Partnership with other Robinhood related X accounts to cover our news and X Money transactions on a daily basis to increase exposure.

With the burn contract now it's full circle, if the price goes down we burn more, if the price goes up rewards increase, it's a win-win for $XL hooders.

Have a hood weekend. https://x.com/xLinkMoney/status/2101159579954315441

## @Kaffchad (Kaff 📊) · 09-19 04:01 · ♥60 ↻5 💬20 If you only look at the RWA perp chart, the obvious take is just numbers go up bc ppl wanna trade stocks, indices, metals, FX etc on crypto rails.

But not many ppl know onchain RWA trading just hit its second real phase.

First we tokenized the asset. Then crypto did what crypto does and wrapped the price into perps.

Now venues are realizing neither is enough if you actually want TradFi-sized flow to live onchain.

– $0.8B monthly volume in Oct 2025 to $147B at the July peak

– share of all onchain perp volume went from 0.06% to 12–15% now

– $4.9B of RWA perp OI

– TradeXYZ + Variational controlling almost 90%

Most of that growth is still what I’d call phase 1: take the crypto perp machine and point it at stocks, gold, oil, indices, FX and pre-IPO names.

24/7 CLOB + oracle + leverage + premium-based funding, with crypto MMs carrying inventory and hedging somewhere else.

Works insanely well for bootstrapping markets, but problem is the underlying assets aren’t BTC lol.

Stocks sleep, exchanges close on weekends, dividends exist, financing has a real cost and a $5M gold position probably shouldn’t depend on whether CT apes are overcrowded long that hour.

So how does onchain RWA perp trading evolve?

– @trade_xyz / HIP-3 proved that permissionless markets + a fast CLOB + unified margin can create new markets faster than TradFi ever will.

HIP-3 became the RWA liquidity gravity well onchain and today TradeXYZ still sits at $3.9B OI, $1.7B daily RWA volume, ~73% of tracked DEX RWA OI.

– @variational_io’s new swaps are designed to bring a TradFi-style financing relationship into an onchain wrapper.

OLP becomes the counterparty through RFQ, prices the trade, then hedges the risk through CEXs, DEXs, OTC and TradFi liquidity.

The first 5 swap markets were US100, US500, XAU, XAG and USOIL and they already did ~$3.8B volume with a $245M OI peak.

– @qfex takes the CLOB route but simply turns funding off when the underlying cash market isn’t giving it a reliable reference.

It still offers 24/7 trading, but doesn’t pretend a Saturday equity position needs to play the same crypto-style financing game all weekend. Already has $212M RWA OI across 171 markets.

– @Lighter_xyz’s main RWA book is $101M OI across 76 markets, but its Robinhood instance did ~$5B volume in August, crossed $200M OI with 21k+ accounts and >70% of that OI was RWAs.

Tells me brokerage distribution can bootstrap an RWA venue in a way a standalone DEX probably can’t.

– @OndoPerps is trying to turn the RWA itself into the balance sheet by letting tokenized stocks be posted as collateral for equity/commodity perps.

Still small at $78M OI / 45 RWA markets, so the numbers haven’t caught the thesis yet.

Phase 1 was about proving ppl want the exposure. Phase 2 is about fixing everything underneath it like liquidity, funding, collateral, market hours, hedging and distribution.

Making the whole market around it work onchain is the actual game now. https://x.com/Kaffchad/status/2101159839233966138

## @YusufGemz (Yusuf) · 09-19 07:59 · ♥51 ↻0 💬19 Sized into $USDC 👀

Arc’s CashCat. It’s launched on $ARGUS launchpad.

We might see some @arc crimes very soon.

When Robinhood launched $CASHCAT pumped, then dumped to 2M, then ran to 200M+

0x8E98A62a995A50eca9979bfa016f91bf36A8F9D9 https://t.co/HLtJz1T6gy > 引用 @USDC: When it comes to stablecoins, there’s only one letter that matters.

Look for the C.

https://t.co/YGdIeZSjby https://x.com/YusufGemz/status/2101219595860193624