Stock Tokens as Launch Pairs
Robinhood issues tokens for US stocks and ETFs on Robinhood Chain. Qualyra lists the official contracts as pair assets, so you can launch a token priced in a stock like NVDA: trades, fees and the pool after graduation all settle in that stock token. Pairing only sets the unit of price. It doesn't back the token or put a floor under it.
| Asset & Underlying | Market Class | Price | 24h Change | Contract | Actions |
|---|---|---|---|---|---|
NVIDIA Corp.NVDA NVDA· | U.S. EQUITY | — | — | 0xd060…9EEC ↗ | |
Apple Inc.AAPL AAPL· | U.S. EQUITY | — | — | 0xaF3D…93f9 ↗ | |
SPDR S&P 500 ETF TrustSPY SPY· | U.S. EQUITY | — | — | 0x117c…4C0C ↗ | |
Alphabet Class AGOOGL GOOGL· | U.S. EQUITY | — | — | 0x2e08…4FE3 ↗ | |
GameStop Corp.GME GME· | U.S. EQUITY | — | — | 0x1b0E…153E ↗ | |
Space Exploration TechnologiesSPCX SPCX· | U.S. EQUITY | — | — | 0x4a0E…5eEa ↗ | |
iShares 0-3M Treasury BondSGOV SGOV· | U.S. TREASURY | — | — | 0x92FD…F9B5 ↗ |
How Stock Pairs Work
Pair Assets
Pick a stock token as the pair asset when you launch. The curve, the 1% trading fee and the Uniswap v4 pool after graduation all run in that token, and the choice is locked for good.
Official Contracts Only
The pair list is closed. For stocks it holds Robinhood's official token addresses only, so a token that copies a name or ticker at another address can't be picked. New listings go through the multisig and a timelock and apply to new launches only.
No Backing, No Floor
A token paired with NVDA is priced in NVDA. It isn't backed by NVDA and has no price floor.
Price Follows the Stock
In dollar terms a pair moves with the stock behind it: when NVDA drops, a token priced in NVDA drops too, even if nobody sold it. Stock tokens mint and redeem Monday 02:00 to Saturday 02:00 CET/CEST, and on weekends the on-chain price can drift from the share.
Splits & Dividends
Splits and dividends change the token's multiplier, not the number of tokens you hold. One token is worth the share price times its multiplier.
Availability
Robinhood doesn't offer stock tokens in the US or to US persons, and restricts them in other countries, including the UK, Canada and Switzerland.