Where to find stock tokens LP? Quick overview of Robinhood Chain's five emerging AMMs

Author: Golem, Odaily Planet Daily

There is no doubt that the Robinhood Meme trench environment has gradually become "high temperature," with the dual concentration of funds and attention significantly increasing the difficulty of the game. Ordinary people who cannot be faster and more perceptive than P Xiaojiang can only be eliminated.

Fortunately, there is more than one way to make money on Robinhood, and players have discovered that providing liquidity for stock tokens and Meme coins is also a good business. The reason is that most of the currently popular Meme coins on Robinhood Chain are paired with stock tokens, and the trading path for ordinary players on the front-end aggregator generally goes from WETH → USDG → stock tokens → Meme coins. If users are using a fomo platform, they may even have to go through an additional process.

The trading demand for Meme coins is most easily influenced by market sentiment. Once a certain Meme coin becomes popular in a short time, the underlying LP fees can skyrocket instantly. Crypto KOL @0xanonnnn stated, "In Robinhood Chain, doing Stock or LT base pool meme with uni V4 high fee level LP can yield daily APY as high as 100000+%." It can be seen that the returns from LPs of stock tokens and popular Meme coins are not necessarily lower than those from trading Meme coins.

As a classic gameplay in DeFi AMM, forming LPs is familiar to veteran players. Since the launch of Robinhood Chain, Uniswap has quickly become the mainstream AMM and liquidity infrastructure, with Uniswap V2, V3, and V4 accounting for over 90% of the trading volume on Robinhood Chain. Therefore, most users choose to form LPs on Uniswap.

However, in the Robinhood Chain ecosystem, some emerging AMM projects are also on the rise and gaining attention. The advantage of participating in early AMM projects is the ability to earn "head mining bonuses" and speculate on the project's subsequent token issuance and airdrop expectations. Odaily Planet Daily will introduce 5 emerging AMM projects on Robinhood Chain in this article.

(Risk Warning: Players need to consider and evaluate a series of "invisible" costs such as impermanent loss, high volatility of token prices, and risks of new protocols.)

up.: 100% of protocol revenue returned to token holders

up. is the native ve (3,3) trading and liquidity layer on Robinhood Chain, launched on July 11, with the official issuance of the token UP at the same time. The current market capitalization is $390 million, with a total token supply of 500 million. However, this includes non-circulating tokens, with more than half of the supply destroyed. The actual circulating supply at launch was only 20 million tokens, with approximately 1 million tokens released into circulation weekly, resulting in a real circulating market cap of around $15 million.

As of the time of publication, up. has a total TVL of $12.74 million, ranking 7th in Robinhood Chain. Currently, there are two pools on the platform with a TVL over $1 million: the UP/WETH liquidity pool with a TVL of $2.39 million and the UP / STONKBROKER liquidity pool with a TVL of $1.64 million.

up. will return 100% of protocol revenue to UP holders. According to DeFiLlama data, up. is also the third most profitable protocol for token holders from the protocol in the past 30 days on Robinhood Chain.

Fables: Points program launched, TGE in October

Fables is also a native ve (3,3) DEX on Robinhood Chain, launched on August 18. The difference from up. is that Fables introduces Hooks. Fables writes separate fee logic for each liquidity pool through Hooks, setting transaction fees that adjust in real-time with time and market fluctuations.

At the same time, Fables has also issued a token called PROLOGUE, with a total supply of 1 billion tokens and a current market cap of $5.7 million. However, Fables has also announced a TGE, with the official governance token being FABLES, also with a total supply of 1 billion tokens. During the TGE, PROLOGUE can be exchanged for FABLES at a ratio of 40:1, and all creator fees generated from PROLOGUE trading will be rewarded to Fables' LPs in the form of USDG.

According to the official statement, a maximum of 115 million FABLES tokens will be directly airdropped to the community during the TGE. Fables has also launched a 6-week TGE plan (from August 24 to October 5), and at the end of this plan, Fables will conduct its TGE. The entire event will distribute a total of 1 billion points daily, allowing all liquidity pools on Fables to earn points for LPs.

However, Fables did not specify whether the TGE will be listed on exchanges or if it will only issue tokens on-chain.

As of the time of publication, Fables has a total TVL of $4.3 million, with two pools having a TVL over $1 million: the ETH / USDG liquidity pool with a TVL of $1.97 million and the GLD / USDG liquidity pool with a TVL of $1.34 million.

RAMSES: Well-known AMM from Arbitrum lands

Ramses is a multi-chain AMM that launched in 2023 and is a well-known AMM on Arbitrum, now deployed on Robinhood Chain. The difference between Ramses and up. and Fables is that it adopts a pure V3 DLMM fee model on Robinhood Chain, without ve governance.

Ramses has also issued a new token RAM on Robinhood Chain, with a current market cap of approximately $8 million. As of the time of publication, the largest pool by TVL on Robinhood Chain is ETH/USDG, with a TVL of about $1 million.

Delta: Automatically converts protocol fees into liquidity

Delta is a liquidity layer on Robinhood, launched on August 10. Delta adopts the traditional AMM architecture, supporting users to add both bilateral and unilateral liquidity for token trading pairs. Users can also directly deposit tokens into the staking pool, while the project team automatically converts the income into liquidity and injects it back into the pool. As of the time of publication, Delta has a total TVL of $1.37 million, with total fees reaching $895,000.

Delta has also issued a token DELTA, with a current market cap of approximately $16.8 million, peaking at a market cap of $38 million.

Ekubo: Starknet old project "gold plating" failure

Ekubo is an AMM project established in 2023, previously active in the Starknet and Ethereum ecosystems, with a total TVL of $19 million on Starknet.

On July 31, Ekubo announced support for Robinhood Chain, allowing players to increase liquidity for token trading pairs on this chain. However, Ekubo's TVL on Robinhood Chain is not high, only $910,000, with the most popular liquidity pool being ETH/USDG, with a total TVL of $96,000. It is evident that the project has not successfully "gold plated" on Robinhood Chain.