THE BOOKS
Every number, defined.
Definitions
| DATA | Live from Robinhood Chain: Chainlink feeds (reference) and Uniswap v4 USDG pools (onchain). Never simulated. |
| HISTORY | Read back from the chain: every Chainlink round and every swap in the venue pool, from before the previous closed stretch to now. Past depth is not rebuilt. |
| REFERENCE CLOSE | Chainlink value in force at 16:00 ET. Feed moves on 0.5 % deviation — can differ from the official close by up to 0.5 %. |
| OVERNIGHT GAP | Onchain mid ÷ last reference close − 1. Not arbitrage — the close isn't tradable. |
| LIVE BASIS | Onchain mid ÷ live reference − 1, once the reference opens. |
| GAP BY SIZE | Pool liquidity curve walked tick by tick, incl. LP fee. Can't fill → NO FILL. |
| IMPLIED OPEN · IO-1 | Depth- and freshness-weighted mix of onchain and premarket. 5-min half-life. None below $1K onchain depth. Not a forecast. |
| GAP INDEX · GI-1 | Equal-weighted gap. Excludes stale or < $25K depth. Published at ≥ 50% eligible. |
| NIGHT TAPE | Auto-generated: new ±100 bps levels, 50 bps moves, back near close, volume, state changes. |
| CALENDAR | NYSE holiday rules, half-days, DST via IANA. Market state computed on the server. |
| PRODUCTS | Fully funded LONG/SHORT pairs. LONG + SHORT = collateral. Settles once. |
| ORACLE | Default: Chainlink value in force at the observation time, proven onchain by ChainlinkReporter — anyone can trigger it, nobody can choose the price (±0.5 % feed band). Auction prints: reporter quorum. No data → delay → fallback or refund. |
| CONTRACTS | Timelocked governance. Guardian can only pause. Products have no admin keys. |
| ELIGIBILITY | Stock tokens: not for U.S. persons; restricted in CA, UK, CH. Products off everywhere. |
What's live
| INSTRUMENT | LIVE ONCHAIN PRICE | REFERENCE CLOSE | PREMARKET REFERENCE | AFTER-HOURS REFERENCE | OPENING AUCTION PRINT | BORROW | SHORT | DERIVATIVE SETTLEMENT | FULL COLLATERALIZATION | PRODUCTS |
|---|---|---|---|---|---|---|---|---|---|---|
| ALL 12 | LIVE | LIVE | LIVE | LIVE | UNAVAILABLE | UNKNOWN | UNKNOWN | UNAVAILABLE | UNAVAILABLE | BLOCKED |
- LIVE ONCHAIN PRICE
- Uniswap v4 USDG pool, read from chain
- REFERENCE CLOSE
- Chainlink round in force at 16:00 ET — within 0.5 % of the official close
- PREMARKET REFERENCE
- Chainlink Robinhood feed (24/5, 0.5 % deviation)
- AFTER-HOURS REFERENCE
- Chainlink Robinhood feed (24/5, 0.5 % deviation)
- OPENING AUCTION PRINT
- No opening-auction source
- BORROW
- Lending markets for stock tokens not verified
- SHORT
- Depends on BORROW
- DERIVATIVE SETTLEMENT
- Runs end to end on Robinhood Chain testnet (see Products); not on mainnet, no independent opening oracle
- FULL COLLATERALIZATION
- Enforced by contract design — contracts not deployed yet
Worked example
Hypothetical prices, real payoff engine- PRODUCT
- OPENING GAP · HYPOTHETICAL
- CLOSE → OPEN
- 100.00 → 102.00 +2.00%
- NOTIONAL · CAP
- $10,000 · ±10%
- LONG / SHORT
- $1,200 / $800
Status
NOT AUDITEDNOT ON MAINNETLIVE ONCHAIN DATA
| DATA | live |
| GAP_PRODUCT_ISSUANCE | disabled |
| GAP_RH_CHAIN_RPC | https://rpc.mainnet.chain.robinhood.com |
| GLOAM_TRADING | on |
| GLOAM_MAX_TRADE_USD | 2500 |
| GLOAM_MAX_SLIPPAGE_BPS | 300 |
| GLOAM_MAX_VS_FEED_BPS | 500 |