Network
Robinhood turned 190+ stocks and ETFs into Stock Tokens: always-on, programmable assets with a native oracle. pip is the first derivatives layer written for them. Here is what the network looks like from our side.
Network stats
Read directly from the protocol contract on Robinhood Chain. Figures stay blank until it is deployed.
Stock Tokens with a verified contract and a USDG pool the protocol can settle against.
Measured round trip to the chain RPC from this browser, right now.
Token universe
The full Robinhood Stock Token list is the listing pipeline. Tokens with deep markets are highlighted; the rest are eligible once they clear the listing checks on the Markets page.
Oracle
The Stock Token oracle is the single source of truth for pricing, marking and settlement. Nothing in pip uses any other price.
Three independent signers publish the Stock Token price every 1.2 seconds. The adapter takes the median, rejects any print more than 8% from the last, and marks the feed stale after 10 seconds without a valid update.
Why onchain
The same contract, on different rails. This is what changes when the underlying is a Stock Token.
| Feature | Traditional listed options | pip on Robinhood Chain |
|---|---|---|
| Trading hours | 9:30–16:00 ET, weekdays | 24/7 |
| Settlement | T+1, physical delivery, assignment risk | Same block, cash in USDG, no assignment |
| Minimum size | 1 contract (100 shares) | $25, fractional contracts |
| Custody | Broker account | Your wallet |
| Pricing transparency | Market maker quotes | Onchain pricer, auditable inputs |
| Writing | Approval levels, margin agreements | Permissionless, collateral in a vault |
| Interface | Options chain | A sentence and a card |
Roadmap
Shipped and next. Each step goes out when the numbers say it should.
The six-tap flow, live position cards, covered calls for token holders, wallet connection, and 24 deep markets across four expiries.
Cash-secured puts, margin writing, the shared LP vault, and custom strikes for writers.
All 190+ Stock Tokens listed as they clear liquidity checks. Read API opens to everyone.
Native iOS and Android apps with the same six-tap flow and live cards.
Parameter votes and listings open to LPs and writers.