HOOD

Robinhood Markets

CASH · Weekend — cash closedNo official RHJ tokenPERP · Lighter + Arcus

24/7 synthetic vs cash closed — no material inventory add in this window

Transmission vs cash tape

OI / ADV

0.0%

ΔOI / ADV

0.0%

weekend since Friday close

Δ supply / ADV

Δ supply unavailable

Combined (max of 3)

Inventory 0.0%

New risk 0.0%

Collateral —

Carry $25

Forced stub / unavailable

Attention Unofficial scan unavailable (not in combined)

Working hedge / ADV: 25% 0.0% · 50% 0.0%

Cash last

24.15

stalefixture

DEX mid

DEX mid unavailable

no official RHJ tokenunavailable

Token basis

DEX mid unavailable

DEX mid / cash reference − 1

Perp basis

+0.50%

mark / index − 1

Effective supply

—

totalSupplyUI or raw × currentMultiplier

Δ supply

—

vs prior poll

Open interest ($mm) and ΔOI

Funding (bp) and bases (bp)

Effective Stock Token supply

Cash vs official token vs perp mark

Event classification tree

1
Is the token contract canonical RHJ?
n/aNo official Stock Token listed
RHJ registry has no active deployment for this underlier. Do not infer a cash-market bridge.
2
Did effective Stock Token supply increase?
n/aNo RHJ create/redeem to measure
Effective-supply change is only meaningful on a canonical RHJ token (raw × uiMultiplier).
3
Did perp OI increase materially?
noVolume may be churn
Perp OI did not increase materially. Trades can turn over without adding net risk that would need an external cash hedge.
4
Is funding extreme or persistent?
noFunding not extreme
Venue funding is not extreme or persistently one-sided on this window.
5
Can a cash / extended-hours hedge execute now?
noCash closed — synthetic 24/7 vs listed dark
Overnight/weekend: 24/7 perps and tokens keep trading while cash is closed. Inventory can gap into Monday.
6
Did listed stock flow move after the on-chain event?
unknownPost-event listed flow not tracked
The monitor does not yet track listed prints after an on-chain event. Do not read the last cash print as confirmation of hedge flow; session state is step 5.

Estimated cash hedge pressure — scenario range hypothetical cash BUY

25%

$6.3K

50%

$12.5K

100%

$25.0K

Δ perp OI × direction × assumed cash-hedge fraction. Never a single pretended conversion. Long+short still nets to zero contract supply.

OI × price

OI↑ Price↑ — new long risk

Up / Up	new long risk
Up / Down	short covering
Down / Up	new short risk
Down / Down	long liq / de-risk

OI $340.0K · Δ $20.0K · funding +0.6 bp

Official RHJ Stock Token

No canonical RHJ deployment for HOOD. Do not treat a same-ticker token as official.

Event classification tree

Is the token contract canonical RHJ?

n/aNo official Stock Token listed

RHJ registry has no active deployment for this underlier. Do not infer a cash-market bridge.

Did effective Stock Token supply increase?

n/aNo RHJ create/redeem to measure

Effective-supply change is only meaningful on a canonical RHJ token (raw × uiMultiplier).

Did perp OI increase materially?

noVolume may be churn

Perp OI did not increase materially. Trades can turn over without adding net risk that would need an external cash hedge.

Is funding extreme or persistent?

noFunding not extreme

Venue funding is not extreme or persistently one-sided on this window.

Can a cash / extended-hours hedge execute now?

noCash closed — synthetic 24/7 vs listed dark

Overnight/weekend: 24/7 perps and tokens keep trading while cash is closed. Inventory can gap into Monday.

Did listed stock flow move after the on-chain event?

unknownPost-event listed flow not tracked

The monitor does not yet track listed prints after an on-chain event. Do not read the last cash print as confirmation of hedge flow; session state is step 5.