Proton 🥷

Every new builder on Robinhood Chain hits the same wall on day one. A dead RPC in the chain list. An explorer link that goes nowhere. A wallet with the wrong price feed. A bot that books a swap that never happened. Nobody gets paid to fix that. We've been fixing it anyway. 289 pull requests to 231 repos, 51 merged 🧵

Big thanks to @priors_trade. We've sent them seven private security reports since October. Every one was fixed, most within a few days, and every one credits us in public: the GitHub advisories, the changelogs, the fix commits and their security notes. That's how disclosure should work. Report privately, fix fast, credit openly. Priors is a lending pool that holds real money for agents, so it matters more there than almost anywhere. Their record is on our hall of fame: github.com/hey-research-lab/…

Congrats to the Oak team on shipping this so fast. What it means: before your agent buys a Robinhood Chain token through Oak, it can check what the team behind it has actually shipped, when, and the source for each line. Right on the approval screen, before you confirm. Builder evidence, not a trading signal. You still decide. Verified Builders on HEY: Oak is giving you your first month free. HEY takes nothing from it. More of this makes the Robinhood Chain ecosystem better for everyone: teams that ship get seen, and agents act on receipts instead of hype.

Congratulations to the winners of the Hey Research Lab Thesis Contest. After reviewing the submissions, these three stood out for the quality of their research, clarity of thought, and how well they explained Hey Research Lab, the problem we are solving, and the role of research infrastructure on Robinhood Chain. 🥇 1st Place — @Heisrae_Vibez Prize: $500 USDG xitter.gq/Heisrae_Vibez/status/2… 🥈 2nd Place — @Web3Vhee Prize: $300 USDG xitter.gq/Web3Vhee/status/210978… 🥉 3rd Place — @callme_proton Prize: $200 USDG xitter.gq/callme_proton/status/2… Thank you to everyone who participated and took the time to study, research and explain Hey Research Lab in depth. To the winners, please DM us your Robinhood Chain wallet address on X so we can arrange the rewards. Congratulations again!

HEY V2 is live. We rebuilt Hey Research Lab from the ground up as a research workspace for Robinhood Chain. Same mission: find who's actually building, what they shipped, and which of them the market hasn't noticed yet. What's new: - One search box for everything. Type a project, a ticker or paste a contract and the answer shows up right where you typed it. - Builders are a list now. Each row shows status, latest ship, how long ago, and an 8-week chart of counted ships. A whole screen of builders, scanned in seconds. - Prefer cards? One tap switches, and your choice sticks. - Shipping now is a live stream of what builders put out on the chain. Pause it, open anything. - Every project page opens on the builder story first: what shipped, when, and the source behind each claim. - A sticky bar on every project page jumps straight to Building, Token, Sources or Ownership. - The map sizes every project by what it shipped in the last 8 weeks, not by market cap. The biggest circles are the builders doing the most work. - Dark and light mode, fast on a phone, no sideways scrolling anywhere. What didn't change: - Activity status comes from shipping, never from price. - Every ship keeps its source. - The only thing HEY calls verified is a Verified Builder. - Nobody can pay for a place in the rankings. This week on Robinhood Chain: - 324 ships from 154 projects - 86 new Verified Builders - 271 pull requests opened by HEY in 217 repositories we don't own, sending fixes back to builders Why we're doing this: - A chain is only as strong as the teams shipping on it. We want the builders here to be seen for the work they do, not for how loud their chart is. - Holders deserve to know which teams are still building before they put money in, not after. - Every bug we catch and fix in someone else's repo is one less exploit waiting to happen on Robinhood Chain. - The better the builders here get noticed, the better the whole ecosystem gets. The chain is early. The projects shipping right now are the ones that will define it. If you hold a token on Robinhood Chain, you should know whether the team behind it is still building. Go look it up on $HEY.

@coingecko's deep dive on @ponsdotfamily ends on the right question: what stays useful after launch week? 207,893 tokens launched in the first 32 days of Pons V2. Only 3,228 graduated to Uniswap. But graduation measures whether a market fills. It doesn't tell you whether anyone keeps building. That's the layer HEY tracks. Of the Pons launches we currently track, 34 are still shipping through public releases, contract deployments and code activity. Not a ranking. Not a recommendation. Just evidence of who kept building after the launch rush. CoinGecko suggests looking at which markets still trade after 7 and 30 days. We'd add one more column: Is the team still shipping? Durable liquidity + durable building tells a much more interesting story than launch numbers alone. Great research by @IQWIKI with data from @Bitquery_io. coingecko.com/learn/pons-sto…

Small builders are useful enough to build your ecosystem, but never important enough to get your attention. Without builders, Robinhood Chain is nothing. This isn't FUD. We build on Robinhood Chain every day and we want it to win more than anyone. So let's say the quiet part out loud. This chain earned about $51M in fees in its first quarter. More than Ethereum, by ARK's count. The builder money we can find in public is $1M Robinhood put into Arbitrum's hackathons. The $100M developer program everyone talks about is still a rumor. Since mid September: Daily DEX volume fell from $2.6B to $1.1B. Trades from 7M a day to 2M. Token launches from 28,000 a day to 7,000. Pons fees from $11.4M on its best day to about $300K. Down 97%. The builders didn't leave. 20 to 40 teams still ship every single day. 257 ships from 162 projects last week. Real releases, real contracts, real code. Hey Research Lab reads every one of them off its source. And almost nobody sees them. They post their releases to empty timelines. They ship at 3am and wake up to zero replies. They pay for servers, RPC, indexers and audits out of their own pockets, hoping someone notices. Pay peanuts and you get monkeys, and these teams aren't even getting peanuts. For how long? Until the savings run out? Until another team quietly shuts down? Until the people doing the work accept that nobody was coming to look? Every time Robinhood talks about this chain, it's Stock Tokens and RWA. We understand, that's yours. But the builders are yours too. We know you can't promote tokens. We're not asking you to. Promote the builders: their apps, their code, their releases. A directory of what's built here. Grants that go straight to the teams. A spotlight on your own timeline. None of that is investment advice. All of it is discovery. @vladtenev @johannkerbrat @RobinhoodCrypto make the selection process public. Show us how an unknown team gets considered. Publish who receives support, why they were chosen, and what they deliver. Let the work compete. @ponsdotfamily most of this chain launched through you. When your market drops, every project on it drops too, shipping or not. Help the teams who keep building on what you launched get seen. Be as angry at Hey Research Lab as you want. Ignore us, criticize us, make us the ones you blame. We can take it. But at least support the small builders. The ones still here, still shipping, still believing. We're not writing this to fight anyone. We're writing it because we want Robinhood Chain to make it. Robinhood, Pons, the builders and everyone using what gets built here are on the same side. A better ecosystem only happens if we build it together. If you build on Robinhood Chain, or you love something built here, quote this post. Share one thing you're proud of on this chain and tag @vladtenev. Let him see who's still here. We're not going anywhere. We'll keep shipping and keep counting every ship. Open the door. Let the work speak.

Hey Research Lab × PFWA @pfwafun now shows HEY's builder card on every Robinhood Chain token market on pfwa.fun. You see who's building right next to the market: building status read from evidence, the latest ship with its source, and never a price signal. What else came out of it: - HEY's badge is in PFWA's footer, and it updates itself every time they ship - HEY is in PFWA's "Powered by" strip - Sherwood's two Uniswap v4 hooks are listed on HEY's hooks page, tied to PFWA's page Same rules as everywhere on HEY: "not measured" stays "not measured", and a token a project disowns is never linked to it. Builders helping builders, on Robinhood Chain.