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DefiPanter » Protocols by TVL » StockRip

StockRip (RIP)

Protocols by TVL · robinhood chain
Total value locked (TVL)
$170.99K
Market cap
$341.12K

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Resolution
D W M Q Y
Time series limited to 30 days. Full history is available from the Plus plan.

Information

Draw a random tokenized stock position from an onchain pool. Every listing carries the ETH backing its depositor committed, and that backing is the standing bid a winner can take instead of the shares.

Methodology

ETH held by the StockRip core contract, plus the tokenized equities backing every basket it custodies. Ownership is checked per token id, so a basket only counts while the core actually holds it. Each basket keeps its stock in an ERC-6551 account, so the underlying is read from that account as a real balance, with assets taken from the basket's own manifest rather than a fixed list. Baskets held by users, the RIP token and the VRF operating reserves are excluded.

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