FAQ
What chain is Hoodl on?
Section titled “What chain is Hoodl on?”Robinhood Chain — an Arbitrum Orbit L2 with ETH gas (mainnet chain ID 4663). Hoodl is built chain-agnostic and can be redeployed elsewhere.
What are the fees?
Section titled “What are the fees?”A 1% fee on every trade — 30% to the protocol, 70% to your chosen recipients. No token taxes, no migration fee. Full breakdown on Fees.
What quote assets can I use?
Section titled “What quote assets can I use?”ETH or USDG, chosen at launch. It’s the pair your token trades against and the asset your fees are paid in.
Can a Hoodl token be rugged?
Section titled “Can a Hoodl token be rugged?”The launch liquidity is locked forever — it can’t be withdrawn or migrated, which removes the classic liquidity rug. But that does not make any token safe: prices are volatile, most new tokens go to zero, and you should understand a token’s fee split and dev-buy before trading. See the caution on Trading.
Do I need an X account?
Section titled “Do I need an X account?”Only if you want to route fees to an X handle or claim fees that were routed to your handle. You verify control of the handle with “Sign in with X” (via Privy). Trading and launching to a plain wallet don’t require X.
Someone launched a token and tagged my X handle. How do I get the fees?
Section titled “Someone launched a token and tagged my X handle. How do I get the fees?”Open Claim, sign in with X to prove the handle is yours, link a wallet, and claim everything held in escrow for you. Full steps: Claiming fees.
What happens to unclaimed fees?
Section titled “What happens to unclaimed fees?”They stay in escrow and remain claimable. A reclaim mechanism exists but is disabled by default; if a reclaim policy is ever enabled, its terms will be documented here first.
How is this different from other launchpads?
Section titled “How is this different from other launchpads?”Same proven launch model (single-sided Uniswap V3 LP, locked, no migration). The difference is the social layer: Hoodl routes fees to up to two recipients addressed by X handle, with escrow for handles that haven’t joined. Typical launchpads have a single custom fee wallet and no X-identity layer. See Creator fee routing.
Are the contracts deployed? Are they audited?
Section titled “Are the contracts deployed? Are they audited?”The protocol contracts are deployed and verified on Robinhood Chain mainnet (chain ID 4663) — the addresses are on Contracts & security. They carry a full internal test suite (64 tests, a solvency invariant, live-chain fork tests) and a clean Slither pass, but an independent external audit has not been published — treat the protocol accordingly. The app’s create/trade/claim actions are still being wired to the live contracts, so the app is rolling out.
Is Hoodl affiliated with Robinhood?
Section titled “Is Hoodl affiliated with Robinhood?”No. Hoodl is an independent project that happens to build on Robinhood Chain (a permissionless, public L2). It is not affiliated with, endorsed by, or sponsored by Robinhood Markets, Inc.
Is this financial advice?
Section titled “Is this financial advice?”No. Nothing in these docs or the app is financial, investment, legal, or tax advice. Crypto assets are volatile and risky, and you are solely responsible for your decisions and for complying with the laws that apply to you.