Common questions
What is a stock token?
A token whose price tracks a listed share or ETF. Holding one is not holding the share: there is no vote, no shareholder status, and no claim on the company. It is a debt security issued by a third party, and it trades on chain around the clock.
Why does the price stop moving?
Because the shares behind the token stop trading. The exchange closes on weeknights, at weekends and on public holidays, and while it is shut there is no new price to publish. The feed holds its last value until trading resumes.
Is my position safe while the price is frozen?
Your loan-to-value stops changing, which is not the same as your risk stopping. Nothing is measuring the position while the feed is still. When the exchange reopens the price catches up in one step, and everything is re-measured at once.
Why is borrowing not blocked when the price is stale?
Because blocking it would not work and would cost more than it saves. Refusing to price an asset would freeze liquidations too, which leaves lenders exposed to positions nobody can close. The staleness is shown instead, and the decision stays with you.
Can I lose money lending?
Yes. If a borrower's collateral falls faster than anyone liquidates it, the shortfall lands on the lenders in that market. Small markets are more exposed to this, because liquidators tend to watch large ones and may not be paying attention to a small position going bad.
Why can I not withdraw everything I supplied?
Because part of it is currently lent out. You can withdraw whatever is not borrowed; the rest becomes available as borrowers repay or as other lenders supply. High utilisation earns more and exits more slowly.
What does the liquidation limit mean?
The most you may borrow against your collateral before anyone can liquidate you. A 62.5% limit means 62.50 of debt for every 100 of collateral value. It is a boundary, not a target: borrowing right up to it leaves no room for the price to move at all.
Why do markets not share liquidity?
Each market is isolated on purpose, so trouble in one cannot reach another. The cost of that is that a market with nothing supplied cannot be borrowed from, however much sits in the market beside it.
Do you hold my funds?
No. Positions stay in your own name on chain and settle into audited lending contracts. We cannot move, freeze or reverse anything, which also means nothing can be undone for you if you sign something you did not intend.
What does this cost?
Nothing from us. Borrowers pay interest to lenders and liquidators earn a discount on collateral they take. There is no deposit fee, no withdrawal fee, and no cut in between.
Which wallet do I need?
Any browser wallet that can connect to Robinhood Chain. If yours has never seen the network, the connect button offers to add it. You will also need a small amount of ETH on that network to pay for transactions.