# DefiLlama protocol revenue — X 热门讨论 (2026-10-01 13:42 UTC)
## @byTheGentleman (The Gentleman) · 10-01 11:54 · ♥32 ↻2 💬2 Why Is Nobody Talking About $UP 's Stock Vaults?
@uponrh Can Pay You In Stocks. Seriously.
Robinhood just spent HOOD Summit talking about 24/7 trading and AI-powered markets.
But I found something interesting about @uponrh that barely gets discussed.
UP already has RWA vaults.
Lock $UP, vote with veUP, and you can turn your weekly share of DEX fees into Stock Tokens like SPY or MAG7.
And there's actual trading activity behind those rewards.
30D on DefiLlama:
> ~$1.3B DEX volume > ~$2.18M trading fees > ~$1.56M revenue to veUP voters
Now the tokenomics.
UP uses Gauge Caps to burn excess emissions when pools don't generate enough fees to justify their rewards.
The team also reported burning another 700K UP in September.
So holders can earn real trading fees while the protocol actively limits unnecessary dilution.
All this with an ~$8M circulating market cap.
No direct Summit integration has been announced. But Robinhood's push toward round-the-clock markets makes its onchain liquidity infrastructure worth watching.
I'm watching the fees, the burns and how much Stock Token activity UP can actually capture. > 引用 @byTheGentleman: Full HOOD Summit TL;DR:
ROBINHOOD JUST DROPPED 16 MAJOR UPDATES AT HOOD SUMMIT.
And some of these announcements are much bigger than people realize.
> 24/7 trading for US stocks, including weekends. Coming soon.
> Options trading hours extended by 35%.
> Up to 4x intraday margin and new OCO orders.
> Crypto perps: 8 markets, 10x leverage, 0.01% trading fees through 2026.
> Robinhood Social officially launched with verified trades, real P&L and portfolio tracking.
> One-click trading from verified traders' posts on Legend.
> AI-powered Legend with custom indicators, scanners and chart analysis.
> Robinhood Agents: AI that researches, analyzes and executes trades.
> Agent Loops: automated strategies running 24/7 without keeping your PC online. Coming soon.
> Institutional data integrations with Nasdaq, Unusual Whales, Quiver Quant and Token Terminal.
> Prediction markets for corporate earnings, revenue and EPS.
> Interactive earnings calls with live transcripts, comments and trading.
> Helios infrastructure upgrade, faster execution and app performance.
> Native tablet support and redesigned interfaces for foldable devices.
> New Gold promotions, including up to 3% brokerage transfer matching.
And the final teaser? Robinhood explicitly mentioned more assets waiting to be tokenized.
MY TAKE:
Robinhood isn't trying to compete with other brokerages anymore. It's coming for the entire trading ecosystem.
Why use five different platforms when you can research, copy trades, execute and automate everything in one place?
And the funniest part? "BUY $PONS & $CASHCAT" literally appeared on the summit screen. They even showed the cat.
Not a listing confirmation, but one hell of an Easter egg for the Robinhood Chain community.
The only thing missing was an actual Robinhood Chain announcement.
@vladtenev, enough teasing. Give us the damn chain. https://x.com/byTheGentleman/status/2105627440630370737