Methodology
Every figure on this site is machine-collected from public sources. This page says exactly which ones, how often, and where the numbers stop being trustworthy.
Where the data comes from
- On-chain state — multipliers, supplies, pending corporate actions, pause flags
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Read directly from each token contract over the public Robinhood Chain RPC (
https://rpc.mainnet.chain.robinhood.com, chain ID 4663). These are the authoritative numbers: nothing sits between the contract and what you see. - Prices, 24-hour volume, market cap, holder counts
- From the Blockscout explorer API. Prices reflect on-chain trading of the token itself.
- Multiplier change history
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Decoded from
UIMultiplierUpdatedevent logs. We read these through Blockscout rather thaneth_getLogs, because the chain produces a block roughly every 0.12 seconds and the public RPC rate-limits log queries of almost any range. - Daily history
- Accumulated by this site. Nobody was recording Robinhood Chain's early history, so we append one row per token per UTC day and keep it permanently. Charts only go back as far as our first snapshot.
How often it refreshes
Polling follows the market rather than the clock, because equity price feeds only update 24/5:
- Hourly during US market hours — prices, multipliers, supplies, pending corporate actions.
- Every four hours overnight, every six at weekends.
- Every six hours — holder and transfer counters.
- Daily — whale tables, the history rollup, and a scan for stock tokens missing from our registry.
Current snapshot: block 17,708,325, taken 3 hours ago (2026-07-24 00:11 UTC).
How the multiplier works
Stock tokens implement ERC-8056, the Scaled UI Amount extension. Rather than minting tokens into every wallet when a dividend is reinvested, the issuer raises one contract-level number:
shares = balanceOf(wallet) × uiMultiplier() ÷ 1e18
Your raw balance never moves. At launch every multiplier was exactly 1.000000, and as of this
snapshot they all still are — no distribution or corporate action has been processed on-chain yet.
The contracts also expose newUIMultiplier() and effectiveAt(), which publish a queued
change before it activates. That is why the multiplier tracker can show a corporate
action in advance rather than reporting it after the fact.
How effective yield is calculated
We annualise the growth of the multiplier between the first and most recent recorded distribution:
(last ÷ first) ^ (365 ÷ days) − 1. Two rules keep it honest:
- Splits are excluded. Any change beyond ±50% is classified as a split, not a distribution. Counting a four-for-one split as a 300% dividend would be absurd.
- Windows under two weeks are suppressed. Annualising a few days of data produces confident nonsense, so we show nothing instead.
No token has enough history for this figure yet. It appears automatically once one does.
Known limitations
- Market cap is on-chain only. It measures tokens issued on Robinhood Chain, not the underlying company's market capitalisation.
- Holder counts are wallets, not people. One person may hold many wallets; much of the largest supply sits in protocol contracts. Whale tables mark which addresses are contracts.
- Weekend prices are stale by design. Equity feeds update 24/5, so a price hours old on a Sunday is correct, not broken. Pages label the market state rather than hiding it.
- The token list is curated. There is no public on-chain registry, and Robinhood's own docs render their table client-side. We verify every listed token against Robinhood's shared beacon proxy and scan daily for ones we are missing, but a brand-new token may take a day to appear.
- Upstream outages degrade rather than break. If a source fails we keep serving the last known value with an "as of" timestamp instead of showing a blank.
Warnings from the current snapshot
- MU: reported price $987.91 disagrees with market cap ÷ supply ($670.56) by 32.1%
Corrections
If a number here looks wrong, it probably is worth telling us about — email hello@stocksonchain.io. The underlying data is public, so anything we publish can be independently checked against the explorer.
Frequently asked questions
Why do you say stock tokens are not stocks?
Because that is how they are structured. Robinhood Stock Tokens are debt securities issued by Robinhood Europe, UAB whose value tracks an underlying share. Holders have a claim on the issuer, not ownership of the company, and no voting or shareholder rights. A lot of coverage describes them as tokenized equity, which is the wrong mental model for understanding both the risk and the multiplier mechanics.
Is a rising multiplier the same as a yield?
Close, but not identical. The multiplier rises when a distribution is reinvested, so it behaves like an automatically compounding dividend. We annualise its growth and call that "effective yield", but it is backward-looking and says nothing about what the issuer will do next.
Why is your market cap so much smaller than the company's?
We report the value of tokens issued on Robinhood Chain, not the market capitalisation of the underlying business. Only a tiny fraction of any company's shares are tokenized, so the two numbers are orders of magnitude apart by design.