Spot trading

Trade any token on Robinhood Chain, Base, Arbitrum, Ethereum and Solana from the Trade tab. Pay with USDG on Robinhood Chain or USDC on the others. Sells pay out in the same cash.

Finding tokens

Search by name, ticker or contract address, or browse:

• Trending: the most active tokens right now.
• Alfa Tokens: room tokens launched on AlfaClub.
• Watchlist: tokens you've added to it.
• Positions: tokens you hold.
• Following: tokens traded by people you follow.

A token's page shows its chart with your trades marked, trader PnL, all recent trades, holders and calls. Room tokens link to their room.

Fees

• 0.5% per spot trade, included in the quote.
• Room tokens have no spot fee. Their 1% trading fee goes mostly to keyholders.
• Gas is free for your first 15 transactions each day on Robinhood Chain, Base, Arbitrum and Ethereum. Solana trades are paid in SOL. See Gas.

Placing a trade

• The minimum buy is $1.
• Quotes expire after a short time. Refresh to get a new one.
• New or thinly traded tokens show a risk warning (low liquidity, a new trading pair, or no verified market data). You have to accept it before trading.
• The app warns you when a trade would move the price a lot.

Slippage

Default 5%, with 1%, 2.5% and 5% presets, or enter your own. Allow higher risk limits permits up to 50% slippage and 90% price impact, which means you may get much less. If the price moves past your limit, the trade doesn't go through.

Solana

• Trades need a little SOL for the network fee, and for a small account deposit the first time you buy a token.
• The SOL market trades wrapped SOL, which stays wrapped in your wallet.

Wrong chain?

If your funds are on another chain, the app moves them and completes the trade in one go. See Move funds.

Your PnL

Your PnL, creator trade cards and the leaderboards are based on trades made in AlfaClub. Trades made in other apps don't show up as trades.

Trades in your room

If you run a room, your trades post live in your room's chat for your keyholders.