Swap fees
that take a position
Launch a token with a Uniswap v4 pool on Robinhood Chain. A hook takes 1% of every swap in USDG and hands it to the coin's vault, which puts it on the trade you picked before the first buy: one market, long or short, up to ten times. Holders burn their coins to redeem their share of it.
The fee goes to whoever holds the liquidity.
A normal pool pays its fee out to whoever put up the liquidity. It piles up in a position somebody owns, they claim it whenever they like, and none of it comes back to the people who are only holding the coin. The coin is worth what the next buyer pays and nothing else.
The fee becomes a position.
The pool's own fee is zero and the hook takes 1% in USDG instead, in the same transaction as the swap. Most of it becomes margin on the trade written into the coin when it was created, and the rest is the creator's. What the vault ends up holding has a value anyone can read off the chain, and any holder can burn their coins for their share of it.
Ranked by market cap
Every coin the factory has launched, biggest first. A cap here is the coin's own pool price times what is circulating, both read off the chain. A pool nobody has put liquidity into still quotes the price it was opened at, so a coin in that state has a cap on paper and nothing anyone could sell into, and it says so and ranks below every coin that has depth.
Coins and the trades behind them
Read off the launch factory on Robinhood Chain. Every coin here has a vault with one trade written into it, and covered is how much of the market price that vault could pay out right now.
No coins on the board
This list is read from the launch factory on Robinhood Chain. Empty means nothing has been launched from it yet, or the RPC did not answer. Nothing is filled in from anywhere else.
How a launch goes
The market, the side, the leverage and the split are set once, in the transaction that creates the vault. Nobody, the creator included, can edit them afterwards.
Pick the trade
One market the venue's oracle can price, long or short, one to ten times, and how much of the fee goes to the position. The factory refuses a market it cannot get a fresh price for rather than minting a coin with a dead position.
Launch the pool
One transaction mints a fixed billion supply, deploys the vault, registers it with the hook and initialises a Uniswap v4 pool quoted in USDG at a $6,000 cap. Signed in your own wallet. The factory does not add liquidity, so the pool has no depth until someone provides it.
Trading builds the floor
The hook sends its 1% to the vault on every swap, with no claim to make and no keeper to run. Once the margin waiting there is worth more than 25 USDG, anyone can push it onto the position. What the vault holds is what holders can redeem.
What a coin can be backed by
Prices here come from a live feed. A coin can only be launched against the markets the venue's oracle prices, and the rest are on the list to watch. Pick one at launch and the vault trades it and nothing else, for as long as the coin exists. –
What backing actually does
Real prices, real maths, one coin you control. Move the market and watch the floor follow. Nothing here touches the chain: it is a model of the contracts, not a coin anyone can buy.
–
What can go wrong
All four are real, and each one is shown where it happens rather than in a disclaimer.
The position can be liquidated
A leveraged position that goes far enough the wrong way is closed and everything posted on it is gone. The floor drops to whatever margin had not been pushed yet, and the coin keeps trading with almost nothing under it until new fees build a new position at whatever the price is then. Every coin page shows its liquidation price and how far away it is, at the top of the position panel.
A floor is not a price
Backing is what you can redeem at, not what the market pays. A coin can trade far above its floor and fall a long way without touching it. The board shows the ratio so it is never a guess.
Markets keep their own hours
A coin long NVDA trades all weekend while NVDA does not. The oracle refuses an answer it has not seen in 25 hours, so over a weekend that market cannot be launched against and a vault already holding it cannot be valued at all. The pages say NO DATA rather than show you Friday's number as if it were current.
The venue has no liquidity yet
The contracts are live on Robinhood Chain and their addresses are in the docs. What is missing is liquidity. Open interest is capped at 40% of the venue's pool equity and that pool is empty, so a vault can be created and funded but it cannot open a position. The factory does not seed the coin's own pool either, so nothing is swapping and no fees are arriving. A coin launched today has a floor of zero, and both of those have to be fixed before it moves.