TSLA6900 (TSLA)

Robinhood chain has been live for about 3 days, with TVL under $100 million.

There aren't many accompanying incentives launched, making it hard for capital to flow in.

Only one stock token, TSLA, is listed on Uniswap, and it currently lacks liquidity.

The only thing you can use is Lighter's Robinhood Domain, for which Lighter has funded $11 million in incentives.

Overall, it feels below expectations; at the very least, the on-chain stock token scenario should be properly developed.

For example, a spot solution for on-chain stock tokens that supports large trades would be more competitive than Ondo. Enabling stock tokens to enter lending protocols at scale is in demand, but the main challenge is liquidation—there's still no good solution, etc.

Never go all in. Trading tokenized TSLA in MetaMask is the blurry tradfi/crypto shift we were waiting for.

Keep some liquidity and expect edge cases, but feels illegal in a good way watching NVDA moon from your wallet.

Someone donated money into HIP-3 TSLA again - but this time on Felix market (flx).
For ~30 minutes some bot kept buying and selling every few seconds at market, causing ±1.5% swings. Looks like it only stopped when it ran out of money 😅 https://t.co/YYKWaQP4t5