RWA markets
RWA markets reads official issuer metadata for eight underlying securities: AAPL, TSLA, NVDA, MSFT, AMZN, GOOGL, COIN and SPY. Current coverage includes their Solana and Ethereum xStocks, plus Robinhood Stock Token versions when each issuer publishes a valid contract. NEAR RWA execution is not connected.
Reference comparison
Select two issuer products with a matching underlying ISIN. The app compares USD reference prices per underlying share. It does not match tokens only by ticker, and it does not treat different issuers' products as interchangeable.
The displayed gap is a reference midpoint difference. Robinhood supplies underlying bid/ask values; xStocks supplies a single indicative price. Neither establishes the price, depth or amount available for your trade. xStocks does not supply a market timestamp on this endpoint, so the page explicitly distinguishes fetch time from market time. Snapshots expire after 30 seconds; stale, halted or inconsistent responses are rejected.
Corporate actions and raw units
Robinhood's API reference prices are per underlying share. The app applies the published multiplier once to calculate reference value per raw token. A pending multiplier change near its effective time blocks this valuation until refreshed metadata is available.
Solana xStocks use Token-2022. The mint's Scaled UI multiplier changes displayed exposure without changing raw units. Jupiter requests always use integer raw units, including the first leg's minimum output as the second leg's input. The page shows the effective on-chain multiplier separately.
Check an RWA quote cycle
Choose an official Solana xStock and enter up to 1,000 USDC. The app verifies the mint on Solana, requests USDC → xStock, then requests xStock → USDC using the first quote's minimum output. It displays the resulting difference before gas. You can save this check as a Solana RWA cycle rule in Alerts.
This analysis does not create a signing request. Source gas, account rent and executable profit are not established. Quotes may use different routes or become unavailable before a trade could complete.
Check current venue coverage
Check a trading venue reads the selected product's public route for an input up to 100 cash tokens. Solana uses Jupiter and USDC; Ethereum uses the current V2 wrapper and USDC; Robinhood Stock Tokens use USDG. Cash amounts are quantities of the named token, and USDG prices are not labeled as USDC prices.
The V3 check verifies the network, router, quoter, token precision and factory, then reads the four supported fee tiers at one block. Pool results distinguish a confirmed absent pool, a failed provider read, a rejected identity and a verified pool. WETH pools are shown as separate discovery results. The quote check uses direct cash pools and checks a sell route for the buy minimum. Network fees are excluded, and the result expires after 30 seconds. A quote check creates no signing request.
Solana RWA trading
A dedicated adapter supports reviewed USDC/xStock market swaps, limit and TP/SL orders, and USDC → xStock → USDC atomic cycles when execution is enabled. Buy inputs and executable sell value are capped at 100 USDC. Choose the official contract from the RWA table to open its terminal. Targets and amounts use raw mint units; the chart remains a USD provider reference.
Before signing, the adapter checks issuer identity, mint program, decimals, pause state, relevant controls and any active transfer-hook program. A changed control invalidates an existing review. It validates token account ownership and the routed instruction, then simulates the complete transaction with owned account balances and encoded output floors.
The adapter trades public token balances. A mint may support confidential transfers; wallets with configured confidential balance accounts require a separate adapter. Transfer-fee and unsupported extensions are rejected. A frozen account or a mint requiring new-account activation cannot bypass the issuer's restrictions.
RWA Quick Trade permissions apply to one asset, its reviewed issuer controls, the selected wallet and current login session. SOL/USDC permissions do not authorize RWA trades. Automatic limit and TP/SL signing requires this permission and an open, signed-in app. Profit-target cycles use a separate cycle permission that also fixes the USDC input cap and minimum profit floor. Logout, wallet archive, expiry and revocation stop these permissions.
Atomic RWA cycles use one Jito bundle transaction and preserve previously held stock inventory. The encoded USDC return includes principal, requested profit and a buffered estimate of SOL fees, rent and tip. Those costs are actually paid in SOL; their USDC conversion can change. A quote comparison alone does not authorize a cycle.
Ethereum RWA trading
Choose an Ethereum xStock from RWA assets in the terminal. The app uses its issuer-published current V2 wrapper, a non-rebasing ERC-4626 token. The rebasing underlying token and legacy V1 wrapper are excluded from DEX routes. The official contract table shows both the underlying and current wrapper addresses.
Market, Limit, TP/SL and profit-target orders use USDC per wrapped share. RWA cycles start and finish in USDC. Cash input, sell value and exact token allowances are capped at 100 USDC. Each review checks the wrapper's underlying, precision, proxy implementation and conversion at one block, then verifies pools and simulates the transaction. Changed issuer controls or conversion invalidate the review. Existing target orders must be cancelled and recreated after a control change.
Token approval is an independently reviewed, paid transaction. Buy and cycle inputs approve USDC; sells approve the current wrapper. An atomic cycle's encoded USDC return covers principal, requested profit and a buffered estimate of ETH gas. A reverted Ethereum transaction can consume gas.
Trading requires a verified liquid Uniswap V3 pool for the current wrapper. A missing pool produces an unavailable-route result and cannot fall back to a legacy wrapper. During the 11 October 2026 public read-only check, none of the eight tracked V2 wrappers had a matching USDC or WETH V3 pool at fees 100, 500, 3000 or 10000. Pool coverage can change; a token appearing in the catalogue does not establish a trade route. Ethereum target orders require owner approval.
Wrapper conversion is an accounting rate, not a market price. The issuer's authenticated xChange venue additionally requires its API access and registered eligible wallets; this DEX adapter does not confer that access. Manual wrapping is available through the issuer's DeFi dashboard.
Robinhood Stock Token trading
Official Robinhood Stock Tokens are traded on public Uniswap venues on chain 4663. The app has a dedicated Uniswap V3 adapter for market buys, sells, exact token approvals and immediate atomic cycles. Open Robinhood Stock Token trading on RWA markets, or choose the official asset in the terminal. The 11 October 2026 public read-only check verified canonical Stock Token/USDG pools and 10 USDG buy quotes for all eight tracked products. A public quote is a route observation; it does not establish your wallet balance or authorize execution.
Trades settle in USDG, with six cash decimals and 18 raw Stock Token decimals. The adapter caps cash input, executable sell value and exact token allowances at 100 USDG. Buy and cycle approvals authorize USDG; sell approvals authorize the selected official Stock Token. Every approval is a separately reviewed, paid transaction.
Each owner review binds the token's on-chain uid(), symbol, precision, current multiplier, pause state, runtime code, proxy controls and implementation. It also checks the USDG and venue contracts, canonical pool identities, input balance, allowance, network, nonce and gas reserve. Changed issuer controls invalidate the review. Swaps encode an exact input, the owner's payout address and an output floor, and the complete transaction is simulated before submission. Atomic cycles encode a USDG return that covers principal, requested profit and a buffered ETH fee valuation.
The owner signs the exact transaction. Its signature hash is recorded durably before one network send. An interrupted response is recovered through that hash and its independently finalized receipt. The app never automatically sends the same operation again. Receipt accounting checks actual USDG and Stock Token movements; USDG fills retain an unknown USDC cost basis rather than assuming the cash tokens are interchangeable.
New signing requires SANVIO_ENABLE_ROBINHOOD_RWA=1, enabled wallet transfers and an open RWA execution control. Existing receipt checks remain available during a pause. Robinhood limit, TP/SL and deferred order execution are not integrated. Cross-issuer conversion and three-chain RWA settlement have not been verified. Robinhood's public reference-price API supplies observations; it does not supply executable orders.
Access and issuer terms
Trading and redemption depend on the issuer's eligibility rules, venue access and market schedule. Primary-market mint/redemption access differs from secondary-market trading. SANVIO does not mint issuer RWA tokens or confer issuer access.