HOOD
EquitiesLiveTokenized Robinhood Markets
Tokenized Robinhood Markets, on-chain exposure to the underlying equity.
Key facts
- On-chain symbol
- HOOD
- Underlying
- HOOD
- Asset class
- Equities
- Custody
- Held at Flo Finance
- Chains
- Base, Arbitrum, Ethereum
- Distribution treatment
- Total return, accrued to NAV
- Attestation cadence
- Daily
- Issuer
- Flo Finance
- Backing
- 1:1 backed by the real underlying
How HOOD resolves to HOOD
Each HOOD on-chain represents a 1:1 claim on the underlying Robinhood Markets held at an institutional custodian. The issuer and backing model are the same for every Flo token; only the underlying differs.
- 01
Issuance
Flo Finance issues HOOD as a tokenized Robinhood Markets, 1:1 backed by the real underlying.
- 02
Custody
The underlying Robinhood Markets is held at Flo Finance, an institutional custodian.
- 03
Settlement
HOOD settles on-chain on Base, Arbitrum, Ethereum. Cross-chain transfers route through Chainlink CCIP.
- 04
Attestation
Reserves are attested daily by an independent auditor and published on the Flo transparency surface.
Mint HOOD with one SDK call
Every Flo-issued token shares the same six SDK methods. Mint, redeem, supply, withdraw, borrow, repay.
POST /v1/mint
{
"asset": "HOOD",
"notional_usdc": "1000.00",
"slippage_bps": 50,
"settlement": {
"currency": "USDC",
"chain": "base"
}
}Where HOOD lives today
Flo distributes through partners. The same HOOD on-chain is the asset every partner integrates against; partner UIs may relabel it for their own brand.
Partner integrations in build
No live partner is distributing HOOD yet. Twelve integrations are in build across exchanges, wallets, fintechs, neobanks, and asset managers. Partners are listed here only after they ship.
Audits
Four independent firms, $250K bug bounty
Sherlock, Halborn, Cantina, and Cyfrin have audited the smart contracts that issue and settle HOOD. The same contracts power every Flo-issued token; one audit covers the catalogue.
Read the audit reports →Backing
1:1 backed by the real underlying
HOOD is issued by Flo Finance and 1:1 backed by real Robinhood Markets held at institutional custodians. Reserves are attested daily and published on the Flo transparency surface.
Open the transparency page →Risks
HOOD carries the market risk of the underlying Robinhood Markets, plus the structural risks common to every tokenized asset: custody concentration, smart-contract risk, and oracle dependency. Read the full risk disclosures on the Flo transparency surface before integrating or holding.