Today, leading projects in the Robinhood Chain ecosystem have rebounded one after another, with previously leading tokens such as AI and PONS leading the market gains. The AI agent credit protocol PRIORS, which has seen strong growth over the past month, surged again, with gains approaching 50%. Uniswap v4 hook-type protocols Hookr and WTH have also approached their historical highs.
In addition to an oversold rebound, another major catalyst driving this round of recovery is Robinhood CEO Vlad Tenev's recent mention of "increasing support for Robinhood Chain ecosystem builders." The market appears to be pricing in an as-yet-unconfirmed "ecosystem incentive plan." Based on this expectation, BlockBeats has compiled recent updates from ecosystem protocols that have received official attention from Robinhood. These innovations may become bellwethers for the next round of market momentum on Robinhood Chain.
LONG: LONG's foundational positioning revolves around stock token issuance and trading of crypto-native assets on Robinhood Chain. Since October, the platform has rolled out multiple updates to promote the Artificial Inu (AI) token as the core hub of ecosystem liquidity.
On October 10, LONG officially announced the launch of actively managed baskets, aimed at providing full programmability that leveraged ETFs or spot indices cannot achieve. The first basket was described as "LONG AI Leaders," focused on holding assets such as NVDA, AI, and OPENAI, with shorting QQQ as a hedge. It is reported that the product can package any combination of leveraged long/short positions into a spot ERC-20 tradable in about 1 second. At the same time, community holders will receive economic rights to the asset and participate in its management.
Schematic diagram of the actively managed baskets model
On October 2, LONG launched a community treasury LP upgrade feature, aimed at further aggregating and concentrating community liquidity into the AI-centric platform ecosystem.
As of press time, Artificial Inu (AI) has a market cap of $109 million, rebounding 30% today.
NetNet Capital: The team has recently continued advancing its strategy of integrating tokenized stocks into online games to enrich the protocol's revenue sources. The latest product updates include the contractual game NET LONG and the micro prediction market NetNet Predict Market, while the flagship product NetCorp remains in beta testing.
Meanwhile, the total value of the protocol's underlying treasury assets has steadily grown to $24.91 million. The project token NET has rapidly fallen from its peak of nearly $2,000 in early September to its current price of $200. Since NET's issuance mechanism is similar to OHM, the protocol TVL corresponding to the current token price is increasingly approaching the protocol's net assets (i.e., the value of the underlying treasury assets).
It is worth noting that the team recently gained the attention of Adam Fern, the head of Robinhood's DeFi products, which can be seen as further official recognition from Robinhood.
As of press time, NET's market cap stands at $30.76 million, rebounding 18% today.
NetNet Capital Asset Reserve Dashboard
StonkBrokers & Hookr: As the initiator of the second wave of momentum on the Robinhood chain, StonkBrokers today announced a joint launch of Pair Token with Hookr. This product packages a Uniswap v4 liquidity position corresponding to a pair of assets into a freely transferable and tradeable ERC-20; essentially turning "market-making LP positions" into ordinary tokens to enhance the composability of LP positions.
In the official example, users can deposit ETH and NVDA tokens (or deposit single-sided, with the protocol internally converting to the required ratio) to receive Pair Token ETHNVDA tokens. Others trading in this pool will generate LP fees; anyone can call the compound function at any time to reinvest these fees back into the original assets, thereby increasing the amount of both assets behind each ETHNVDA token.
Pair Token Model Diagram
Hookr deserves a special mention here. This project was created by Nodar, co-founder of Zapper. As a modular, customizable Hook infrastructure protocol based on Uniswap V4 Hooks, the team released a major update on the 8th: supporting users to modularly build Uniswap V4 Hooks without any coding background, covering features such as anti-sniping, dynamic fees, LP rewards, and King of the Pool.
In terms of price action, HOOKR has been exceptionally resilient over the past month, bucking the broader downturn on the Robinhood chain with a contrarian rally. As of press time, the token's market cap stands at $27.17 million, once again approaching its historical high set in early September.
Whether today's broad rally on the Robinhood chain is a one-day oversold bounce or a reignition of the trend remains to be seen, but it is an indisputable fact that core projects within the ecosystem continue to build. Investors are advised, amid a highly uncertain market environment, to on one hand monitor Robinhood's official developments, including the founder's stance and social media activity; and on the other hand, to identify and research projects with continuous development updates. On-chain market volatility is high, and users should invest with caution.
Tapbit Wire
