Gaëtan Thabot

Robinhood Chain: just getting started.

With Stock Tokens TVL reaching over $170M and nearly $50B in DEX volume on the Robinhood Chain, we are getting more questions about what they are and how they work. All Robinhood Stock Tokens are backed 1:1 with real shares in secure custody. And Stock Tokens receive the economic equivalent of dividends and corporate actions returns reinvested into their holdings. In other words, when a new Stock Token is minted, we buy a real share of the company at the same time. What about in-kind redemption and voting rights? Not yet, but they’re coming. Step one is to scale adoption of Stock Tokens. We’re actively working on redemptions for shares 1:1 with voting for eligible Stock Token holders on the roadmap. We know how to do this well: we run a shareholder engagement platform, Say by Robinhood, which allows shareholders to participate in actions like voting. What about the technology? We built Stock Tokens to be composable, which allows developers to build new innovative offerings like we have seen the past few weeks, with many that we have yet to discover. What am I the most excited about? Billions of people in the world don't have access to U.S. investment assets. With Stock Tokens, that era is ending. Any eligible customer with a phone and an internet connection can now get exposure to the most exciting market in the world.

Pendle x Aave x Ethena x Plasma | The Stablecoin Fixed-Income Stack Aave onboarding PT-USDe & PT-sUSDe (09APR2026) to the Aave V3 Plasma Instance illustrates a pristine DeFi stack: Venue → credit → fixed income → yield source → Scalable onchain yield rails with guardrails and built to be rollover-friendly --- ① @ethena = Yield Engine (USDe/sUSDe): The underlying yield generator. $USDe → stake → $sUSDe, which is then packaged by Pendle into PT/YT to plug into the credit layer ② @pendle_fi = Fixed Income Wrapper: Strips yield-bearing assets into PT, creating bond-like exposure (discounted by time-to-maturity), enabling the market to price an implied fixed rate ③ @aave = Credit Layer (Supply/Borrow): The layer that converts PT into credit, enabling supply/borrow, interest rate markets, liquidations, and risk management ④ @Plasma = Venue / Settlement Layer: Functions as the settlement rail for stablecoin flows. When stablecoin liquidity concentrates on a specific venue, the upper-layer DeFi primitives (credit, fixed income) create massive opportunities for TVL expansion --- Caps filled rapidly (specifically PT-sUSDe hitting 100% on day one) the demand is real and validated This is a highly scalable yield rail stack. If market pricing + incentives align, implied APY could hit ~34% ➥ This cycle, the game isn't just about APY. It’s about who owns the infrastructure to convert raw yield into usable credit through powerful integrations like this

UNIfication has officially been executed onchain ✓ Labs interface fees are set to zero ✓ 100M UNI has been burned from the treasury ✓ Fees are on for v2 and a set of v3 pools on mainnet ✓ Unichain fees flow to UNI burn (after OP & L1 data costs) Let the burn begin

Credora risk ratings are now live in the @Morpho app! According to our research, vaults with transparent risk ratings achieve significantly higher TVL retention and capital stickiness. Intuition-based strategies are a thing of the past. The future of DeFi is risk-aware 🧵

Stable Mainnet is live with over 150 partners building with us. Payments, FX, custody, neobanks, DeFi, and infrastructure teams are already building on StableChain, the USDT-native rail built for real-world settlement.

ADI Chain Mainnet and $ADI are now live. A new era of institutional blockchain starts today. From day one, $ADI is listed on @krakenfx, @kucoincom, and @cryptocom, and soon on @eToro, ensuring global accessibility and liquidity as the network scales. The token is also available through @wallet_tg, enabling users to manage $ADI directly within the Telegram app, as well as @fasset, the global banking and investment platform. $ADI is the native gas token powering all transactions across ADI Chain's L2 and customizable L3 domains, covering fees, smart-contract execution, and settlement across the network – enabling efficient, compliant infrastructure for stablecoins and real-world asset tokenization. Notably, ADI Chain will host the UAE's dirham-backed stablecoin being developed by First Abu Dhabi Bank and IHC, laying the foundation for a broader, multi-currency ecosystem of sovereign stablecoins. Built on @zksync's Atlas and Airbender stack, ADI Chain delivers a compliance-ready framework for real-world, regulated digital infrastructure. It enables jurisdiction-specific L3 domains with optionally built-in KYC/AML, privacy controls, and programmable governance, all while remaining fully interoperable. Backed by 50+ government and enterprise projects across 20+ countries – including partnerships with @adrec_ae for real-estate tokenization and @EDCAbuDhabi for blockchain-based solutions – the network launches with real-world adoption already in motion. With 500 million people already within its reach and a roadmap to bring 1 billion people onchain by 2030, ADI Chain is positioned for institutional-grade scale. That's Different.

Rest in peace to a San Francisco legend, Claude the albino alligator 🐊🤍

Dis didn’t age well - Underdog didn’t make it far this time but it was an awesome DevConnect kickoff - many thx Uniswap for organizing !!

1/ The impact of Reown’s AppKit over the last 12 months: - 10B+ RPC calls - 66M+ unique addresses - 286M+ session connections - 261M signatures via @WalletConnect Powering UX for thousands of onchain apps across Solana, EVM, and Bitcoin. Why leading teams build with AppKit ↓

Now Live: Frictionless access to the $4.9B+ yield market on @pendle_fi Connect and deploy in seconds with 450+ wallets options on the worlds largest yield trading platform. Powered by Reown AppKit.

🚀 Introducing CAIP-358: wallet_pay method Current crypto payments: Select token → Select chain → Generate QR → Transfer (4-6 clicks) New: Dapp sends all payment options, wallet picks the best one = 1-click checkout ✨ Cross-chain, works with @WalletConnect