Covalent
Covalent|Sep 01, 2026 10:37
The S&P was closed for Labor Day. Tokenized SPY kept trading on Robinhood. Market cap climbed steadily through August, stalled around $6M, then jumped to a new ATH of $10.85M. SPY, NVDA and SPCX have been among the biggest names in Robinhood’s stock-token activity. This is the index trade making its move. Data from @goldrushdev(Covalent)
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