Balanced connects to Robinhood
Trade, earn, and borrow crypto on Robinhood Chain, and access 24+ Robinhood Stock Tokens.
Balanced now supports Robinhood Chain and its growing range of Stock Tokens. The chain may be less than three months old, but Balanced already offers app-wide support thanks to SODAX.
Take advantage of the new connection to:
- Buy 24 Robinhood Stock Tokens on Robinhood, Sonic, and Stellar
- Trade ETH, USDG, and stocks with crypto on 13 other chains
- Transfer ETH and stocks between chains at a 1:1 rate
- Earn through the money market and leveraged staking
- Borrow crypto across chains
Why Robinhood Chain matters
Crypto investors can now access traditional assets through Balanced, without the friction of TradFi.
Robinhood issues tokenised stocks, commodities, and ETFs on its own blockchain, so you can trade them outside market hours and hold them in a wallet you control. Thanks to SODAX, you can use them with Balanced on Robinhood, Sonic, and Stellar.
To support Robinhood stocks, SODAX issues a native Stock Token using each chain’s token standard. All versions of a stock are tied to a vault on Sonic, so they can move between chains without a bridge. And they all rely on the Chainlink oracle for pricing.
At launch, Balanced supports 24 Stock Tokens across Robinhood, Sonic, and Stellar:
- AAPL
- AMD
- AMZN
- BABA
- COIN
- CRCL
- GME
- GOOGL
- INTC
- META
- MSFT
- MSTR
- MU
- NVDA
- PLTR
- QQQ
- SGOV
- SLV
- SNDK
- SPCX
- SPY
- TSLA
- TSM
- USO
With 20+ still on the roadmap, expect to see more stocks become available as liquidity and oracle support improve.
How to use Balanced with Robinhood Chain
Visit app.balanced.network and sign in with your Robinhood wallet.
Then you can . . .
Trade on the exchange
Swap between stocks and crypto in ~20 seconds, regardless of chain.
You can even transfer ETH and Robinhood stocks between chains at a 1:1 rate — all it’ll cost is gas.
Earn and borrow from the money market
Earn interest for ETH and USDG, then borrow any asset against them.
Supply ETH or USDG to earn interest, then use it as collateral to borrow crypto from any chain.
The interest rates vary, but you can borrow bnUSD at a fixed 2% rate then trade it for whatever you need.
Track multiple stocks at once
Add, customise, and duplicate the price chart widget to create your optimal Home page.
Earn staking rewards from other chains
Deposit any Robinhood asset into the JitoSOL, weETH, and wstETH vault strategies.
Add the vault widget to your Home page, then deposit any Robinhood asset into it. Your funds will be converted to the staked asset and leveraged to borrow the unstaked equivalent, on repeat to reach an optimal interest rate.
You can receive any asset when you withdraw.
Trade Robinhood stocks on Balanced
Visit app.balanced.network to trade, earn, and borrow on Robinhood, and buy Robinhood Stock Tokens with crypto from 14 chains.
Need more guidance? Learn how to use Balanced.