Overview
Trading
Token
Legal
Introduction
hoodx is a perpetuals exchange on Robinhood Chain. You trade long or short on crypto, stocks, forex, indices and commodities with up to 100x leverage, using USDG or ETH as collateral. Positions settle fully on-chain and prices come from Pyth low-latency oracles.
There is no order book counterparty to match against — trades execute against the protocol at the oracle price plus a small spread, so execution does not depend on order-book depth.
At a glance
| Collateral | USDG · ETH |
| Leverage | 1.1x – 100x |
| Markets | Crypto · Stocks · Forex · Indices · Commodities |
| Order types | Market · Limit |
| Open / close fee | 0.1% of position size each |
| Price feeds | Pyth low-latency oracles |
| Settlement | USDG, on-chain |
💡
Every trading fee and 100% of net trader losses are used to buy back and burn $HIPPO, the hoodx value token, once a day. See the $HIPPO page for how the flywheel works.