# Robinhood Chain — X 热门讨论 (2026-09-26 02:03 UTC)
## @Natan_benish (Nate) · 09-26 01:34 · ♥66 ↻10 💬13 pretty incredible analysis from @Ian_Unsworth and @Kairos_Res
"the main estimate works out to Long being behind roughly a fifth of the ~$160M of stock"
stock pairs on LONG bootstrapped the liquidity network effects of RWAs on Robinhood chain.
-> stock pair holders are effectively market makers of RWAs by just trading spot unlocking meaningful ownership over your order flow (the biggest shift in retail finance since the rise of retail brokerage)
just to give you a sense with rough %: boner(35% of HIMS circ) meme(35% of AMC circ) moo(20% of MU circ) monitor(15% of PLTR circ)
Will add a few things on top of it:
1. The biggest psyops we were fed the last 2 years is that vol is all that matters, it's not! and for RWA liquidity is the real moat.
2. the LONG community is not just bootstrapping RWAs for a day or two but is able to retain the liq with ~10% of RH stock TVL locked in LONG pools.
3. brings me to the other point if you've read my deep dive you prob have a good understanding of price coupling and how arb drives it, LONG pairs create huge invective for market makers and LPs to add more liquidity to stock pools arguably I'd say that the majority of RWA TVL was bootstrapped by LONG almost directly(one day I will run an analysis on it via proximity of trades and LP actions)
LONG. > 引用 @Ian_Unsworth: Pretty wild how @longdotxyz has been one of the main catalysts for bringing tokenized stocks onto @RobinhoodApp Chain, with every $1 of stock that buyers paid into Long pools followed by ~$1.90 of new minting of that same stock within three days and ~$2.80 within a week
That holds after controlling for each stock, each day's market-wide minting, and the stock's normal DEX volume, and buying into Long pools shows no link to minting in the days before it. Even in raw, uncapped data with AMC and SPY left out, it is still ~$1.40 within three days and ~$2 within a week. Scaled across every stock, the main estimate works out to Long being behind roughly a fifth of the ~$160M of stock minted on the chain since July, while pools on other launchpads like Bankr, PONS, and PAIR show a weaker and less consistent link and have released more stock than they absorbed over the same stretch
The clearest examples came from Long's biggest launches, as onchain AMC went from 112,732 shares the day before "A Meme Coin" launched on 09/03 to ~2.9M the day after, HIMS went from 275 shares to ~2,400 in the three days after Boner Coin launched on 08/20 with Long pools absorbing 41% of the new supply, and NVDA supply rose 158% in the week after Artificial Inu launched on 07/14, compared to 35% for the median stock
MONITOR took longer to get going, with PLTR supply up 64% in its first week against 87% for the median stock, but it kept climbing. When @JTLonsdale quote-posted MONITOR on 09/23, its value went from ~$1.1M to ~$10M in under two hours, and its pool traded 1.4x all tokenized PLTR in a single hour, while PLTR supply rose ~11% that day to double its pre-launch level as Long pools took in ~1,250 PLTR, and supply was still ~3% above its pre-post level the next day
Long isn't the whole story, since Long pools hold only ~$14M of the ~$170M of tokenized stock onchain and the size of the estimate depends on capping a cluster of $2M - 7M mint days, mostly in SPY and AMC, that otherwise swamp it, but the pattern is consistent enough to say the Long memecoin trading is pulling new shares onchain rather than just recycling the ones already there
These pairs have also started to attract real social capital, with @vladtenev following "A Meme Coin", @AndrewDudum following "Boner Coin", and @JTLonsdale following + quote-posting MONITOR, all for something that is still relatively nascent
The next catalyst could come from Robinhood itself, since @vladtenev says 1:1 in-kind redemption and voting are coming to Robinhood Stock Tokens, which would give holders a reason to keep shares onchain rather than just trade them
/board_sit https://x.com/Natan_benish/status/2103659522728526044
## @longbowlend (Longbow) · 09-25 20:58 · ♥62 ↻14 💬9 How to borrow against tokenized stocks on Robinhood Chain https://x.com/longbowlend/status/2103590072486654418
## @sonder_crypto (Sonder (🔥, 🔥)) · 09-25 18:31 · ♥61 ↻2 💬9 Robinhood Summit is in 4 days and I think it surprises people.
Events are usually sell the news but the Robinhood eco has been underperforming for weeks.
The timeline is full of people that have already written off the chain compared to Solana. The market has a tendency to reprice coins that are written off with intensity.
Important to remember that earlier this month:
- $AI was at $250M while $STONK sat at $20M. - Anyone paying attention saw the gap and could position at $20M
I did but I fucked up by selling too early
So I've been positioning into $AI and will keep adding into the weekend, for the next leg to billions and for the entire eco to reprice with it.
Remember Robinhood has 28.4M funded customers and $369B in platform assets sitting 1 integration away from the chain.
September chain fees were roughly $39M, or ~8% of what Robinhood makes in a typical month. They know how important it is to win here.
Any announcements about app integration, institutional partnerships, or deeper commitment to the chain and the entire eco reprices hard.
Sentiment is "tokenized stocks on Solana has already won." but I think Robinhood will win the long game cuz they tap into audiences beyond crypto natives.
Vlad and the team have shown they're aligned with onchain, sharp and paying attention to the trenches.
Violent repricing imminent.
This is your window to position before it gets crazy.
LONG > 引用 @sonder_crypto: ATH break not to be faded on $STONK https://t.co/yIoVpdEzGt https://x.com/sonder_crypto/status/2103552926044282990