Johnny Honest retweeted
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Johnny Honest retweeted
Robinhood's Q2 2026 Form 10-Q, page 134
Robinhood disclosed that it had updated Robinhood Wallet to let eligible users access Stock Tokens and decentralized perpetual futures through a third-party decentralized exchange within Robinhood Wallet.
Third-parties will play a huge roll in the future Robinhood Wallet ecosystem. (See latest @opensea post)
I am suggesting that third parties might want to build around Robinhood's regulatory position and financial infrastructure because they have the SEC legislation.
I am moving towards the thesis that @RobinhoodApp is creating a regulated financial distribution layer, and independent developers may build products on top of it to access that opportunity through Robinhood Wallet integration $WALLET
$wallet remember the golden rule lads. Wicks get filled 🫡👊🏻
Johnny Honest retweeted
ITS HAPPENING
WATCH 31m FOR BREAKOUT $WALLET
Johnny Honest retweeted
I decoded two transactions. It blew my mind.
Hank (@Hank69Moody) posted a route using NVDA/SPCX stock-token liquidity to buy $WALLET. I checked the decoded logs myself. (follow him for crazy alpha, he's the man)
What the transaction actually contains:
→ NVDA token (tokenized NVIDIA)
→ SPCX token (tokenized SpaceX)
→ USDG (Robinhood Chain's settlement stablecoin)
→ $WALLET (LaunchToken)
→ WETH (routing asset)
The route:
USDG → WETH → NVDA → SPCX → $WALLET → USDG
Executed through ElfomoFi, with fees paid in USDG.
Why this matters:
This isn't a random meme swap. This is a liquidity route connecting three layers of the Robinhood ecosystem:
Tokenized stocks (NVDA, SPCX)
USDG (official settlement)
Both transactions confirm the same pattern: external parties (ElfomoFi, OKX) trade $WALLET via routes that connect to Robinhood's infrastructure. One route uses stock tokens as a source of liquidity, while the other uses USDG directly.
One transaction is the most important one. It uses NVDA and SPCX liquidity, Robinhood’s tokenized stocks, as a route to purchase $WALLET. That is no coincidence. It is a liquidity path that has been deliberately set up.
I've seen enough now.
Johnny Honest retweeted
(1/20) 🧵Thread: $wallet update: most notable NEW findings
9 - 16 October⬇️
Johnny Honest retweeted
Just a friendly reminder that $WALLET broke above the minor downtrend.
It's now testing the major downtrend and is about to form a Golden Cross.
Just sayin'...
Johnny Honest retweeted
This image has been $WALLET Dexscreener banner since launch AND now Robinhood decided to make it their homepage and trading tab homepage
I spoke with a Robinhood employee
They talk internally how people are speculating if $WALLET was launched by Robinhood
And now after 3 months they use the banner picture and symbols on their official site
You deserve to miss out on generational wealth if you aren’t buying now
The new homepage of Robinhood.com shows the exact symbols from the $WALLET Dexscreener banner
And if you go to robinhood.com/us/en/about/tr… it’s the exact picture of the $WALLET Dexscreener banner but without the symbols
They’ve known for months we’ve analyzed the dexscreener banner and now they chose to make it their homepage and trading tab pictures
This stealth launch is becoming too obvious now
Johnny Honest retweeted
Replying to @vladtenev
@vladtenev is watching us and had countless opportunities to denounce $WALLET but he didn’t, he just remains silent
This is exactly how I know it’s in stealth, he would have denounced it by now
$WALLET
Vlad did an AMA today and many asked about wallet. There was no response but vlad made it clear they read everything. They clearly know of wallet.
We have seen Binance and okex borh denounce a coin with a possible connection to them fast. RH would obviously do the same.
Johnny Honest retweeted
$WALLET
Vlad did an AMA today and many asked about wallet. There was no response but vlad made it clear they read everything. They clearly know of wallet.
We have seen Binance and okex borh denounce a coin with a possible connection to them fast. RH would obviously do the same.
A wallet address was previously created by a former employee, which they then used to generate a token, as part of a video tutorial. That individual is no longer with the company as part of this incident.
The individual retained unauthorised access to the associated seed phrase after their departure and used it to generate a new private key.
We are now aware that the same address is being used independently in connection with a new meme token. BNB Chain did not create, authorise, promote or participate in the creation of this token and has no control over the token or wallet address. These are not affiliated with or endorsed by BNB Chain.
We are pursuing legal action against the former employee and cooperating with relevant authorities on this matter.
Johnny Honest retweeted
Robinhood $Wallet is the gas token of Robinhood Chain.
💚⛽️🪶
Johnny Honest retweeted
Dug into this new $WALLET research and it’s verified that:
$WALLET was used to pay a gas related fee
$WALLET was explicitly configured as the payment token
The transactions interacted with swap infrastructure titled “RobinHoodSettler” 👀
HOLLLYYYY $WALLET 🔥🔥🔥
Until now, we knew people could buy, sell, and hold the token.
Now you’ve found evidence that $WALLET is actually being used to pay for blockchain services.
Here’s what it means:
1. $WALLET appears to have a real purpose. ⛽
You found 90 successful transactions where $WALLET was reportedly used to cover gas-related costs.
Think of it like paying a transaction fee with $WALLET instead of directly paying with ETH.
That means the token may have actual functionality beyond trading.
2. Someone appears to be collecting fees. 💰
Across those transactions, approximately 489 $WALLET went to one wallet address.
That suggests a system is set up to collect payments automatically.
3. There appears to be a consistent 0.85% swap fee.
Two transactions show the same percentage going to the same collector.
For example, on a $1,000 swap, a 0.85% fee would equal $8.50.
That looks like a structured fee system rather than random transfers.
4. Established blockchain technology is involved.
The transactions reportedly use infrastructure associated with Alchemy, 0x, and ERC-4337 smart wallets.
This suggests the system is technically more sophisticated than a basic meme token.
But anyone can potentially integrate these services. Their involvement doesn’t prove Robinhood is behind it.
🚨 Here’s the biggest takeaway
Someone appears to have built a working payment and fee-collection system around $WALLET.
$Wallet as you can see there is a clear floor being built around this area, we will come back to this tweet in a couple of weeks. You’ll see 👊🏻
🚨 $WALLET ON-CHAIN BOMBSHELL 🚨
We uncovered 90 SUCCESSFUL gas-sponsored operations on Robinhood Chain, a recurring 0.85% swap fee, and a shared WALLET fee collector.
Not speculation. Actual blockchain transactions.
Here’s what we found 🧵👇
1/7 — 90 REAL GAS-SPONSORED OPERATIONS ⛽
Our full-chain investigation identified:
✅ 90/90 successful ERC-4337 user operations
✅ 22 distinct smart accounts
✅ 177.08 $WALLET charged for gas sponsorship
✅ Same paymaster across all 90
This is demonstrable token utility.
🔗 Paymaster:
robinhoodchain.blockscout.co…
🔗 Example transaction:
robinhoodchain.blockscout.co…
2/7 — ONE COLLECTION WALLET. 90 TRANSACTIONS. 👀
Every single sponsored transaction involved WALLET transfers to the SAME address.
💰 489.41 $WALLET received across these transactions.
And here’s the interesting part:
The collector had no deployed contract code and zero outgoing account transactions when checked.
🔗 Collector:
robinhoodchain.blockscout.co…
Who configured this recurring collection arrangement?
3/7 — THE 0.85% FEE DISCOVERY 🔥
We decoded two transactions showing the exact same fee structure.
Transaction A:
• 23,941.22 WALLET swap output
• 203.500361 WALLET collected
• Exactly 0.85%
Transaction B:
• 1,212.50 WALLET swap output
• 10.306215 WALLET collected
• Exactly 0.85%
Both sent the fee to the SAME address.
🔗 TX A:
robinhoodchain.blockscout.co…
🔗 TX B:
robinhoodchain.blockscout.co…
4/7 — GAS FEES AND SWAP FEES ARE SEPARATE ⚡
Across the 90 transactions:
⛽ 177.08 WALLET — recorded gas sponsorship
💰 312.32 WALLET — additional transfers to collector
Total: 489.41 WALLET.
In 42 transactions, the collector received more WALLET than the recorded gas charge.
This suggests the address supports a broader fee-collection workflow.
🔗 Paymaster:
robinhoodchain.blockscout.co…
5/7 — THE FEE PARAMETER IS IN THE CALLDATA 🔍
Both decoded transactions contain:
• Same swap executor
• Same WALLET token
• Same collector
• Same 0x2134 parameter
0x2134 = 8,500.
On a 1,000,000-unit scale, that’s exactly 0.85%.
The parameter’s precise ABI meaning still needs confirmation, but the repeating pattern is hard to ignore.
🔗 Executor:
robinhoodchain.blockscout.co…
🔗 WALLET contract:
robinhoodchain.blockscout.co…
6/7 — ESTABLISHED INFRASTRUCTURE CONNECTIONS 🧩
The transactions involve:
⚙️ ERC-4337 account abstraction
⛽ An Alchemy-associated paymaster
🔄 0x Settler-style swap execution
💰 WALLET-denominated payments
This is not just a token sitting in wallets.
It’s being used in a functioning on-chain payment and trading workflow.
🔗 Paymaster owner:
robinhoodchain.blockscout.co…
🔗 Swap executor:
robinhoodchain.blockscout.co…
7/7 — THE BIG QUESTION REMAINS 👀
We have now verified:
✅ 90 successful sponsored operations
✅ Real WALLET gas-payment functionality
✅ Repeating 0.85% swap fees
✅ One shared collection address
✅ Established trading and paymaster infrastructure
The remaining missing piece is a verified control relationship between Robinhood’s operational wallets and this infrastructure.
The on-chain utility is real. The ownership mystery is still open.
Follow for the next findings. 🔎
$WALLET #RobinhoodChain #OnChain #ERC4337




























