Meme Hedge Fund DeskDesk / Credit Desk
Robinhood Chain · lending against stock tokens
Robinhood Chain Credit Desk
Who is lending on the chain, how each one prices a loan, and how Gage stacks up. Market caps from Dexscreener and TVL from DefiLlama, pulled every five minutes.
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Largest lender TVL
—
Morpho Blue on Robinhood Chain
GAGE market cap
—
vs BOW —
Longbow TVL
—
Gage self-reports $346K
Lighter perps TVL
—
Uniswap V2 on chain —
Live lending protocols
Highlighted row is Gage. Market cap is circulating from the deepest pool. TVL from DefiLlama except Gage.| Protocol | Model | Collateral | Liquidation | Rate | Market cap | TVL |
|---|---|---|---|---|---|---|
| Gagegage.cash · @gagedotcash · live since 7 Sep 2026 | Fixed-term pawn. Borrower sets amount, cost and term. Repay or forfeit at expiry. | Stock tokens · Stock/USDG LPs · Memes ≥ $1M | None before expiry. Lender takes collateral at 90% on walk-away. | Fixed, borrower-set. Median 2.49% for 7 or 21 days. | —GAGE · liquidity — · 24h vol — | $346Kself-reported; 74% is the GAGE/sGAGE pool |
| Longbowlongbow.cash · @longbowlend · live since Aug 2026 | Isolated Morpho Blue markets, variable rate, one-click leverage loops. | Stock tokens · Crypto · RWAs · NFTs | Yes, Chainlink and Uniswap TWAP oracles. | Variable, utilization-based. | —BOW · liquidity — · 24h vol — | —borrowed — |
| Robinhood Earnrobinhood.com · Morpho Blue + Steakhouse vault · live since 1 Jul 2026 | Official Robinhood product. Lend USDG into a curated Morpho vault. Borrowers are market makers. | Spark · Ethena · Maple. No stock tokens. | Yes, Morpho health factor. | Variable, about 7% APY to lenders. | $1.68BMORPHO token, global, not chain-specific | —borrowed — · Steakhouse curates — |
| StonkBrokersstonkbrokers.cash · @ClutchMarkets · live since 17 Jul 2026 | NFT-collateral loans. Lock a broker NFT, borrow 666,666 STONKBROKER. | StonkBrokers NFTs · Stackers · Cash Cats · RH Machines | Fixed LTV per collection. | Fixed 15% APR, fee upfront in ETH. | —STONKBROKER · 24h vol — | —plus — staked |
| Other lenders live on the chain | TVL | Borrowed | Market cap | Note |
|---|---|---|---|---|
| Native Credit Poolnative.org · @native_fi | — | — | — | Credit pool from Native, the price-discovery layer. |
| Oter Finance@OterFinance | — | — | — | Deposits with almost no borrowing. |
| Ripe Protocolripe.finance · @ripe_dao | — | — | — | Multi-chain lender with a small Robinhood Chain deployment. |
| TermMaxts.finance/termmax · @TermMaxFi | — | — | — | Fixed-rate lending, multi-chain. Effectively idle here. |
| EARNearnonhood.com · third party, not Robinhood Earn | not tracked | n/a | no token | Uniswap v4 liquidity vaults on stock-token pairs, powered by Steer and Rialto. Yield from swap fees, no lending. |
Where Gage is different
Only Gage: no liquidation, borrower-set rate, meme and LP collateral
Longbow and Gage both take stock tokens. Only Longbow loops leverage. Only Robinhood Earn has official distribution and exploit insurance.
Claims that hold
"First no-liquidation lending" and "only memecoin collateral market" hold
"First lending on Robinhood Chain" is false: Longbow and Robinhood Earn predate it.
Checked and excluded
Ethosis, Syndromics, Denar
Named in write-ups as stock-token lenders. Ethosis and Syndromics return a Vercel deployment-not-found error; Denar's server does not answer.