$2.21B
Stock Token swap volume
$711.2M traded against non-registry tokens, mostly memes. All-pool swaps counted once.
Robinhood Chain launch through Aug 30, 2026
SQD market study ↗The stock lending desk on Robinhood Chain.
Borrow it, lend it, stake PENISBANJO to get paid.
Staking is live. The desk opens next.
The on-chain stock doesn't wait for the open.
Weekends detach the token from the last print. Launchpads pull the float. The desk is the inventory rail for both.
HIMS peak premium
112%
On Aug 30–31, 2026, Uniswap v4 pools held 91.2% of HIMS supply. New issuance began Sunday evening; the premium disappeared within two hours.
Forensic reconstruction ↗Meme-stock pairs are moving the market.
Buy the meme, and the pool has to buy the Stock Token beside it. That turns launch demand into an inventory problem.
432
stock-quoted meme pools
Across 19 liquid tickers, the pools held 17.2% of measured float and drove 31.3% of 24-hour Stock Token volume.
Snapshot at block 51,651,897 · Sep 1, 2026
DeFiPrime pool study ↗| Pair | Float in pairs | 24h volume |
|---|---|---|
| BONER / HIMS | 53.1% | $13.5M |
| LONGDOG / TSLA | 21.5% | $3.9M |
| SHORT / GME | 19.8% | $4.9M |
| BELIEVE / AAPL | 17.3% | $6.3M |
24h snapshot · Sep 1, 2026. Float share across all observed meme-paired pools for each ticker; swaps counted once. Source.
One inventory rail. The whole market can sit on it.
Launchpads
A meme pair that quotes a Stock Token has to buy the stock. The desk is where that inventory comes from.
Off hours
The token keeps trading after Friday close. Borrow it, sell the gap, repay at the open.
DeFi
Hedges, basis, treasuries, anything that needs stock for a term. Same vault. Same USDG. PENISBANJO underneath.
The desk.
Lend stock. Borrow it. Stake PENISBANJO to get paid from every loan — and to borrow cheaper yourself.
Stake
Earn from every loan. Borrow cheaper. You also back the book.
Lend
soonYour Stock Tokens earn nothing sitting there. Lend for the term; get them back plus the fee.
Borrow
soonPost what you’ll pay to borrow a stock for the night, the weekend, or the month.
How the desk clears.
Stock in, USDG locked, stock back plus the fee. The cut buys PENISBANJO for stakers.
Listing at launch.
Open marketsPlanned assets. A market appears only after its vault, oracle, route, and cap are live.