HOOD
ElevatedtHOODOracle freshRobinhood Markets, Inc. · HOOD Stock Token
Reference price
$118.75
+3.17% · 24h
Supply APY
6.76%
Stock borrow APR
8.38%
Utilization
77.0%
Price
Market parameters
Risk parameters
Liquidity composition
77.0% utilizedThinner float and active settlement flow on Robinhood Chain sustain a wider borrow spread.
Interest-rate curve
Kinked modelHow this market works
Where the yield comes from
Professional desks post approved collateral and pay 8.38% to borrow HOOD Stock Tokens. 85% of that interest is returned to the vault, which lifts the tHOOD exchange rate.
Why the receipt token grows
tHOOD is a claim on the vault, not a fixed quantity of stock. One tHOOD currently claims 1.0215 HOOD, and that ratio only moves upward as borrow interest accrues.
How credit is sized
Collateral value × 55% is the maximum USDG this position can support. Liquidation begins once debt exceeds 64% of collateral value.
What isolation means
This market has its own caps, oracle and parameters. A liquidity failure or price shock here does not automatically propagate to the other 7 Turnstone markets.
Recent market activity
All activityRisk on this market
HOOD carries higher realised volatility, which is why its collateral factor is 55% and its liquidation threshold is 64%. Borrow conservatively.
Risk framework