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Quote currencies

Every trade routes through one of two quote currencies, matching where Robinhood Chain's liquidity actually lives.

Native ETH​

Robinhood Chain uses ETH as its gas token, and Uniswap v4 treats native ETH (currency address zero) as a first-class pool currency. There is no meaningful WETH on the chain.

Memecoins and utility tokens pair almost exclusively against native ETH. CASHCAT alone has ~96 ETH pools and zero USDG pools.

USDG (Global Dollar)​

The canonical stablecoin on the chain, issued by Paxos. The official stock tokens trade against USDG.

Beware: several scam tokens also use the USDG name and symbol. hoodpocket pins the verified address and never resolves stablecoins by name.

USD valuation for guardrails​

Your limits are denominated in dollars regardless of which side a trade touches:

  • USDG amounts are dollars by definition
  • ETH amounts are valued through the deep native-ETH/USDG pools (57 of them) via the Uniswap v4 quoter
  • Other tokens are valued through their best pool, directly to USDG or via ETH

So a $100 per-trade cap means $100 whether the agent is buying a memecoin with ETH or a stock token with USDG.

Pair rules​

  • One side of every quote or swap must be ETH or USDG
  • ETH ↔ USDG itself is always tradeable (useful for rebalancing gas against stable)
  • Token-to-token routing (for example CASHCAT directly to AAPL) is not supported yet; go through a quote currency in two trades