Author: Emiri (blocmates)

Translator: Deep Tide TechFlow

Deep Tide Guide: In the past two years, anything that rises in the crypto market is automatically thought of as a meme coin. Rug pulls, crashes, influencer scams, insider games, bundled manipulations, and 3435 identical tickers under the same meme have left people exhausted. However, in the Robinhood Chain, a batch of truly "practical" projects has emerged in the past few weeks: some have transformed the Olympus DAO’s reserve model into a hardcoded version while layering on tokenized stock gambling games, others have used Uniswap V4 hooks to earn lending yield and trading fees simultaneously from the same dollar, and some have split a single tokenized stock into "the stock itself" and "future dividends." The author emphasizes that interesting technology plus attention and liquidity is the recipe for success and big green candles, while reminding that none of this is investment advice.

Robinhood season is hot right now; congratulations to all the new millionaires and honorary members of the "six-figure hell" community. This time, I pray you don’t return that "money sufficient to swap for a wife" back the same way.

In the past two years, whenever something in the crypto market rises, everyone’s default reaction is “another meme coin,” thanks to Solana. Despite this, I think everyone is a bit tired of the blatant exits, endless crashes, influencer scams, insider games, bundled manipulations, and 3435 identical tickers under the same meme.

It’s time to bring back some logic.

Although Robinhood certainly has its share of meme coins, such as CASHCAT, and those paired with stocks used to force a short squeeze on Wall Street, some quite interesting “practical” projects have indeed launched in the past few weeks.

Interesting technology + attention + liquidity = the recipe for success and big green candles.

So, let's look at a few interesting practical projects on Robinhood. Of course, none of this is investment advice; please do your own research (DYOR) before buying or selling.

The Giants

This article mainly aims to focus on some newer, lower market cap targets, so we won’t spend too much ink on those established players who have already gained a foothold; I believe you are already familiar with them. However, to provide reassurance, let’s quickly mention them.

• PONS: A leading native launch platform, with a market cap that once approached $900 million.
• AI: The current leader of the MemeFi narrative. A meme coin paired with tokenized NVDA, where 80% of the buying fees are used to purchase NVDA shares, stored in the community treasury.
• CASHCAT: Although not a practical project, it is the leading meme coin on Robinhood and probably worth a mention.

At this point, our chief researcher @563defi published an article about two months ago, well before this wave of Robinhood enthusiasm, listing some interesting targets worth paying attention to. I highly recommend everyone check it out.

Some notable projects he mentioned include:

• Index: Essentially an on-chain index fund, except it has a little extra volatility due to token exposure. Index uses Uniswap V4 hooks to draw a portion from INDEX/WETH trades to buy a basket of tokenized stocks like NVDA, AAPL, MSFT, etc., effectively allowing your crypto wallet to passively gain stock exposure.
• SLVR: Although it has retraced 66% from its current highs, it is one of the earliest mining protocols on Robinhood. It gamified the mining experience through a 5x5 grid lottery.
• Arcus: A joint venture between Robinhood and dYdX. It’s an exchange where users can trade tokenized stocks and cryptocurrencies, both spot and contracts, currently in public testing.
• Rialto: An exchange based on propAMM for spot trading of any on-chain assets, providing optimal execution prices.

1. Longdotxyz (@longdotxyz)

We mentioned this project in the original article, but here we decide to highlight it again because its momentum has been phenomenal recently.

Long is a launch platform that pairs meme coins with tokenized stocks. The AI paired with NVDA was issued through Long.

In addition to AI, they have a number of standout representative tokens:

• BONER: Paired with HIMS stock, it once surged to a historical high of $80 million. Interestingly, HIMS's CEO really followed the @bonercoinlong account.
• MEME: Paired with AMC, and Robinhood’s CEO Vlad really followed the @amemecoinrh account. A meme coin abbreviated as AMC, and I think you get the idea.
• NUDES: Paired with SNAP, since Snapchat is a platform famous for sharing private photos, it’s only natural that, as per crypto norms, the most sensational results came true.
• MOO: Paired with MU (Micron). I think you can see the meme connection here, as the pronunciation is similar and it really gains value.

2. Netnet (@NetNetCap)

If you are familiar with Olympus DAO's OHM (3,3) era, Netnet will seem quite familiar to you.

You can think of Netnet as an improved version of OHM: it has no policy committee, and all the knobs and rules are hardcoded. It serves as the reserve asset manager for the NET token.

Netnet is the sole minting entity of NET. Users can purchase NET via bonds, paid in USDG, with the USDG entering the treasury to allow NET to be sold at a discount.

The treasury holds reserves and calculates two crucial figures: RFV (Risk-Free Value) and NAV (Net Asset Value per token).

The reserve asset is USDG, with idle USDG earning yields in Morpho, capped at 70% of the treasury, with the remaining 30% maintaining liquidity for bond redemptions and buybacks.

On top of this, there’s a game layer that has pioneered the trend of "RW-play" (real-world play).

Essentially, at its core, there’s an Olympus-style reserve token with a casino-like gaming overlay involving tokenized stocks, serving as an engine for income and attention.

3. Longbow (@longbowlend)

Longbow claims to be "the credit layer of the Robinhood Chain." Essentially, its operation mirrors the classic over-collateralized DeFi currency markets that you are familiar with.

On Longbow, you can lend out USDG and earn the interest paid by borrowers; or, more interestingly, you can use any asset on Robinhood as collateral, whether it’s meme coins, RWA coins, or tokenized stocks.

Brothers, it’s time for “leveraging the bulls.”

The highlight is the BOW token, which users can stake to earn USDG from protocol revenues, along with borrowing rebates and deposit bonuses.

4. Twofold (@twofoldfi)

Twofold is built around the DualPool mechanism of Uniswap V4, effectively allowing the same dollar to earn in two ways: lending yield + DEX trading fees.

The concept is simple:

Traditionally, if you have $100, you put it into a liquidity pool and earn trading fees, but that’s boring. Since that $100 can do more, why let it sit idle?

When you deposit that $100 into the Twofold pool, the protocol will let it earn interest in @Steakhousefi's lending treasury.

When someone trades, that $100 temporarily leaves the treasury to provide liquidity for the trade, collects DEX fees, and then immediately returns to the lending treasury to continue earning interest.

The same dollar, earning more money.

Then there’s the TWO token. The protocol will redirect a portion of pool profits into the TWO staking treasury, sharing revenues with TWO stakers.

5. Mancer (@MancerXYZ)

Mancer can be viewed as a boosted DEX aggregator.

It offers a sleek interface paired with a suite of advanced tools to make your on-chain trading experience smoother: limit orders, stop-loss and take-profit, regular investments, and various other useful features. What really makes Mancer attractive is its outstanding routing system, ensuring you always get the best execution price.

Then there are Mancer NFTs and the MANCER token.

Mancer NFTs are priced in MANCER tokens. To qualify for a share of protocol revenues, you need an "activated" Mancer NFT. To activate it, you need to burn MANCER.

6. Quotron (@Quotrons404)

Quotron combines tokenized stocks, NFTs, and deflationary tokenomics into a rather intriguing system.

There are a total of 4444 Quotron NFTs. Each NFT is an independent terminal that continuously accumulates tokenized stocks, bringing passive income to users. However, to start earning, the terminal must first be activated.

To hardwire (i.e., create) a Quotron terminal, you need to burn 1 QUOTRON token. Once burned, that token will never return to circulation.

So you have a choice: buy QUOTRON to trade it or buy QUOTRON and commit long-term. Burn the token and earn permanently.

7. Hookr (@Hookrfun)

Hookr is a launch platform that utilizes Uniswap V4 hooks, allowing creators to issue tokens with rules directly written into the trading pool.

Creators can write in rules such as anti-sniping, surge fees, automatic burns, and various types of LP rewards.

Attached to this launch platform is the HOOKR token, which serves two levels of function.

Transaction fees from HOOKR issued projects paired with ETH will be directed into the protocol for repurchasing and burning HOOKR. On the other hand, it also allows creators to pair their coin with HOOKR, thus waiving the protocol fees.

8. Fables (@fablesfi)

Fables is a DEX built using Uniswap V4 hooks, specifically designed for efficient trading of tokenized stocks.

Since the prices, volumes, and overall trading activity of tokenized stocks largely depend on whether the stock market is open or closed, Fables has devised a dynamic fee rate system.

It does not charge the standard 0.3% rate, but instead raises the fee when stock prices rise or volumes swell (to compensate LPs), and lowers it once activity quiets.

The protocol currently has the PROLOGUE token, which is, as the name suggests, a placeholder token, a "prologue" before the real governance token launches. The real governance token will be released soon, and PROLOGUE holders can exchange it on a 1:1 basis.

9. Statics (@StaticsProtocol)

Statics is somewhat like an integrated financial infrastructure protocol on Robinhood.

Its core feature allows you to bundle multiple tokens into a fixed basket, then trade, collateralize loans, and earn fees on this basket. In other words, theoretically, you could own a basket containing NVDA, AMC, AAPL, and MSFT, represented by a BasketToken.

On top of that, there are functionalities for basket collateral loans, stablecoins (USDstx), and leveraged risk-sharing products.

STATICS is the protocol's staking and rewards token. You can stake STATICS into Position NFTs and choose which reward asset you want to receive.

Statics has 5555 “Operators” NFTs. Essentially, they are access and reward type NFTs supported by reserves. Each circulating Operator represents a total support of 180,000 STATICS, which can be activated to increase its reward multiplier.

10. Arrow Finance (@ArrowFinanceio)

Arrow Finance is another integrated DeFi application.

It has a lending module that allows users to use cryptocurrencies or tokenized stocks as collateral to borrow aUSD; has ArrowPad, serving as a launch platform; and an aggregator that allows people to exchange any assets at optimal prices.

The native token is ARROW, whose utility comes from locking it up as veARROW.

veARROW grants you voting power on the following matters:

• Which assets can be used as collateral
• LTV ratios
• Liquidation parameters
• Fee rates
• How surplus buffers are utilized
• Oracle configurations

11. Shroom (@shroom_network)

Shroom somewhat acts as the liquidity layer of the Robinhood Chain.

Shroom does not create another DEX but uses its native SHROOM token to provide all liquidity and pairs it with a bunch of tokenized stocks.

They collect fees from these LPs, and the protocol automatically reinvests the fees to further deepen liquidity.

The ultimate vision is for the SHROOM token to represent the protocol's own liquidity across all tokenized stocks on the Robinhood Chain.

Additionally, SHROOM holders will regularly receive MU stock rewards; the final vision is to allocate part of the protocol revenue to repurchase and burn SHROOM tokens.

12. Clutch Markets (@ClutchMarkets)

Stonkbroker is a very interesting protocol that is currently gaining momentum.

Its core consists of 4444 ERC-6551 NFTs. Each NFT functions like a small on-chain brokerage account, possessing its own wallet.

This brokerage account has a pre-set, randomly allocated tokenized stock, and you can also use this NFT as collateral for loans.

To earn more stocks, you need to activate the "clock in" system, which requires paying an activation fee with STONKBROKER tokens.

Furthermore, STONKBROKER is also used for:

• Buying and selling Brokers on Anvil
• Paying activation fees
• Participating in the StonkBrokers ecosystem
• Providing liquidity
• Interacting with various financial products from Clutch

On top of that, there is a whole product matrix.

• StonkBrokers: NFT + token-bound stock wallets
• Anvil: NFT AMM / trading / lending
• Clock In: Tokenized stock rewards
• Safety Deposit Box: LP locking
• Broker Box: Tokenized stock lottery / gacha mechanism
• Stonk Launcher: Token launch platform
• Stonk Exchange: vDEX / trading venue
• Leverage Machine: Leveraged products

13. Orbio (@orbiodotso)

I know the earlier part was all about stocks and DeFi, but of course, we have to touch on AI as well.

Orbio allows you to use an API key to access models on OpenRouter.

Beyond that, and more intriguingly, Orbio serves as a trading marketplace for AI credits, where unused credits can be traded with others.

However, what really makes things interesting is the ORBIO token.

Holding ORBIO can earn AI credits.

If you hold at least 1,000 ORBIO, you will share in the fees generated from ORBIO trades. Each ORBIO trade incurs a 1.5% fee, of which 50% will convert into OpenRouter credits, distributed to eligible holders.

This effectively turns 0.75% of the transaction volume into AI credits.

In other words, people trade ORBIO, generate trading fees, and 50% of the fees transform into OpenRouter credits, which ORBIO holders receive and can use to access any model on OpenRouter.

This is a credits trading market, backed by a token that turns trading fees into AI compute subscriptions.

14. Earn (@EARNONHOOD)

Earn's approach is to make your tokenized stocks generate income. You can both hold the stocks and earn an additional income on top of your holdings.

Take NVDA as an example.

Earn allows you to place NVDA and USDG into a custodial liquidity treasury. The protocol has a smart system that always directs liquidity to the pool with the highest yield. While you hold stocks, it manages the liquidity for you and allows you to earn from it.

15. Pare (@PareStocks)

Pare is somewhat like a competitor to Pendle, only it operates on the Robinhood Chain and it doesn’t split tokens but rather separates a single tokenized stock into two components: the stock itself and its future dividends.

Imagine you hold 1 tokenized AAPL. Typically, this stock token is bundled with:

AAPL's price exposure + dividend exposure

Whereas PARE allows you to split it into:

• pAAPL = the stock itself
• yAAPL = future dividends

Both can be merged back into 1 AAPL token at any time.

This makes your strategies more flexible. Maybe you want a discount on stock exposure, so you buy pAAPL; or you might only want dividend exposure, so you buy yAAPL.

To make this system operate efficiently, Pare has a unique oracle system, essentially differentiating between "stock splits" and "dividends" in tokenized stock multipliers.

Ultimately, the fees generated by the protocol will be used to repurchase and burn PARE, allowing holders to share in the protocol's upside.

Conclusion

Everything is evolving once again at lightning speed, and we might have missed some interesting targets, so don’t be mad at us; feel free to add in the comments below, and we will include them in future versions.

Most importantly, we finally have vitality again. No need to keep rolling dice on those meme coins manipulated by small groups. It’s refreshing to see people start to get serious about building things again.

How long can this last? Only time will tell. But for now, users are clearly craving such things, and that craving seems far from satisfied.

Happy trading, do your own research, and stay safe.

Note: This article analysis is a collaboration between blocmates and Plasma, based entirely on publicly available information and documents. Please be sure to conduct your own research (DYOR).