Live · claim every 5 minutes

A memecoin pegged to $HOOD didn’t exist. So we built the middleman.

Robinhood stock trades on Nasdaq. Memecoins trade on-chain. The two never touch, so there has never been a way to deploy a token pegged to $HOOD. That is the gap bankhood closes: every trade pays a fee denominated in ETH, the reserve spends that ETH on real Robinhood Markets, Inc. shares, and holders claim those shares every 5 minutes.

Launch App Read the docs See where the fees go

Total fees routed

0.0000ETH

HOOD shares acquired

0.0000SHARES

Holders

0ADDRESSES

Next distribution

Timer loadingMM:SS

Counters read the indexer. They stay at zero until the first fee is paid on-chain.

The gap

You could not do this before today.

Not because nobody wanted it, but because the two markets have no shared settlement layer. Here is the honest version of the problem and what we actually did about it.

Before

Three dead ends

01
Tokens named after HOOD exist, but none of them touch the stock. The ticker is decoration.
02
Tokenised-equity venues can list HOOD, and every one of them gates access behind KYC, jurisdiction checks and a whitelist.
03
A memecoin cannot be pegged to a stock. Nothing on-chain can force a token's price to track Nasdaq, and no honest project should claim otherwise.

After

What bankhood does

01
So we stopped trying to peg the price. We pegged the fee instead: it is denominated in ETH, which the reserve can actually spend.
02
70% of every fee is converted and spent on real HOOD shares through a regulated broker.
03
Those shares are pushed back to holders every 5 minutes. Holding BANK accumulates equity whether the token is up or down.

The name is a description of the mechanism, not a promise about price. BANK is a memecoin: it can trade to zero. The HOOD shares distributed before that happens remain with whoever claimed them.

The underlying

Everything the reserve buys is this: HOOD on Nasdaq.

70% of collected fees end up expressed in this chart. When the reserve buys, it buys Robinhood Markets, Inc. common stock at the prices printed here — not a synthetic, not a perp, not an index proxy.

NASDAQ:HOODRobinhood Markets, Inc.

DailyReserve target

Loading NASDAQ:HOOD chart

Live quotes are delayed per exchange rules and are shown for reference only.

HOOD chart by TradingView

Mechanism

Memecoin in, equity out.

There is no clever tokenomics loop here and no rebasing supply. The protocol is a pipe with four segments, and you can watch every segment on the explorer.

Someone trades BANK

Every market buy or sell pays 3% of notional. The fee is taken on the ETH leg, so it is denominated in ETH rather than in a token whose price moves against us.

Fees pool in the router

ETH accumulates until the batch clears 0.25 ETH. Batching keeps brokerage commissions from eating small collections and gives the reserve one clean price per fill.

The reserve buys HOOD

70% of the batch is converted to USD and spent on HOOD common stock during Nasdaq hours. Fills are recorded on-chain with share count and average price.

Holders claim shares

Each holder accrues pro rata to their balance and can pull their accrued HOOD from the distributor every 5 minutes. Unclaimed accrual never expires.

Fee denomination: ETH
Trade fee: 3%
Transfer fee: 0%
Routed to HOOD: 70%
Claim interval: 5 min
Settlement chain: Ethereum mainnet

Positioning

Three ways to express a view on Robinhood.

We are not pretending BANK dominates every column. It does not give you shareholder rights, and it never will. What it does is put real shares in the hands of people who were only ever going to get a chart.

Feature comparison between bankhood, a typical memecoin, and buying HOOD through a broker
Criterion	bankhood	A normal memecoin	Buying HOOD at a broker
Trades around the clockOn-chain markets do not close for weekends or holidays.	Yes	Yes	No
Delivers real HOOD sharesActual common stock bought at a broker, not a synthetic price feed.	Yes	No	Yes
Fees fund something other than the deployerCollected ETH is spent on the underlying, not withdrawn.	Yes	No	Partial
No brokerage account or KYC to participateA wallet is the only requirement to hold and claim.	Yes	Yes	No
Exposure survives the meme cycleShares already distributed stay yours if the token trades to zero.	Yes	No	Yes
Shareholder rights and dividendsVoting and dividends require registered ownership.	No	No	Yes

Questions

The parts people push back on.

Longer answers, the pro-rata maths and the full risk disclosures live in the docs.

Do I actually receive HOOD shares, or a token that tracks them?

You receive a transferable on-chain claim that is backed one-to-one by HOOD common stock held in the reserve's brokerage account. The claim is redeemable for the underlying share position, so the exposure is real rather than synthetic.

Why are fees denominated in ETH instead of in BANK?

A fee priced in BANK would shrink exactly when the token is falling, which is precisely when the reserve wants to keep buying. Pricing the fee in ETH means the reserve's purchasing power tracks a liquid asset the broker will accept, and the accounting stays legible.

How often can I claim?

Every 5 minutes. The distributor enforces a 300-second cooldown per address. Accrual continues during the cooldown, so waiting longer simply means a larger claim.

What happens to fees collected while Nasdaq is closed?

They pool in ETH. The treasury buffer smooths the gap so distributions still land on schedule, and the reserve executes the accumulated batch when the market reopens. Nothing is lost — it just settles later.

Where does the other 30% of fees go?

Liquidity, operations and brokerage costs, and an ETH buffer that keeps distributions regular across market closures. The full split is published on the fees page and is a single on-chain parameter.

Is this affiliated with Robinhood?

No. We are not affiliated with, endorsed by, or sponsored by Robinhood Markets, Inc. We are a customer of the public equity market like anyone else, and BANK confers no ownership, voting, or dividend rights in the company.

Is BANK a security?

BANK is a memecoin. It has no claim on the protocol's revenue, no promise of profit, and no governance over the issuer. The airdropped share claims are a distribution of already-purchased equity, not an investment contract. That said, this is a novel structure and regulatory treatment is not settled — read the risks page before participating.

What stops the deployer from draining the reserve?

The fee router can only send ETH to the reserve vault, and the vault can only pay the brokerage adapter or the distributor. There is no withdrawal path to an arbitrary address. Parameter changes sit behind a timelock and a multisig.

Why does nothing happen when the batch is tiny?

Brokerage commissions and gas make micro-purchases wasteful, so a batch has to clear 0.25 ETH before an order is placed. Below that threshold the ETH simply waits for the next batch.

The next distribution window opens in Timer loading.

Claims settle every 5 minutes once the first fee is collected.

Launch App Watch the HOOD payouts