Concepts

Quote currencies

USDG for stock tokens, native ETH for other onchain assets, and USD valuation for guardrails.

Every trade routes through one of two quote currencies, matching where Robinhood Chain's liquidity actually lives.

USDG (Global Dollar)

The canonical stablecoin on the chain, issued by Paxos. The official stock tokens trade against USDG — this is where the chain's RWA liquidity is deepest, and it's the currency you fund the pouch with for trading.

Beware: scam tokens also use the USDG name and symbol. pouch pins the verified address and never resolves stablecoins by name.

Native ETH

Robinhood Chain uses ETH as its gas token, and Uniswap v4 treats native ETH (currency address zero) as a first-class pool currency. There is no meaningful WETH on the chain.

Non-stock onchain assets (memecoins, utility tokens) pair almost exclusively against native ETH.

USD valuation for guardrails

Your limits are denominated in dollars regardless of which side a trade touches:

  • USDG amounts are dollars by definition
  • ETH amounts are valued through the deep native-ETH/USDG pools via the Uniswap v4 quoter
  • Other tokens are valued through their best pool, directly to USDG or via ETH

So a $100 per-trade cap means $100 whether the agent is buying a stock token with USDG or an onchain asset with ETH.

Pair rules

  • One side of every quote or swap must be ETH or USDG
  • ETH ↔ USDG itself is always tradeable (useful for rebalancing gas against stable)
  • Token-to-token routing (for example NVDA directly to AAPL) is not supported yet; go through a quote currency in two trades

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