Uniswap Records Live ETH/USDG Pool on Robinhood Chain With Dynamic Fees
Key Facts
Uniswap developer documentation records one live VolatilePair pool on Robinhood Chain: the ETH/USDG pool, extending the dynamic-fee mechanism to Robinhood’s network. The documentation does not specify when the pool was activated and contains no separate launch announcement; it confirms only that the pool was live at the time of review. Uniswap says the tool sets separate fees based on the direction of a swap and recalculates them on every trade based on recent price movements. Fees are therefore tied not to a general description of market conditions, but to the direction of the price move and whether the trade buys or sells ETH. The pool follows Uniswap’s launch of the tool on Ethereum mainnet on 14 October 2026, initially with the ETH/USDC pair.
The deployment record shows that Robinhood Chain has chain ID 4663 and that the pool uses dynamic fees and a tick spacing of 1. It also lists the pool address as 0xa791e5169faf703c0b63fd9552c33ec1128a773a00f5dc33a640da62a022cd35. The documentation lists a VolatilePairHook proxy contract address of 0x987E330F00B79864a07FE81dFaC344D0078ABCC0 and an implementation contract address of 0x3328004Ae3B4eE272f25F3a2873F47C2Fb678000. Uniswap describes the tool’s logic as changing trading costs according to trade direction: when the pool price rises, buying ETH becomes more expensive and selling it becomes cheaper. When the price falls, the fees reverse, while a large move triggers a temporary fee on trades that push the price back toward its prior level.
Uniswap says directional fees are intended to keep more value in the liquidity pool by allowing liquidity providers to share in trading value following a price move. When a large trade moves the price, fees rise on trades in the direction of the subsequent move to capture part of that value. Project documentation also links the tool to reducing impermanent rebalancing loss, the cost a liquidity provider may incur when asset prices change relative to the pool price. It also says the design makes the pool less susceptible to sandwich attacks, which exploit the ordering of transactions around a targeted trade. The mechanism is relevant to volatile pairs, where prices can change between the moment a swap is quoted and its execution.
Uniswap places the launch in the context of broader activity on its platform. It said volatile pairs recorded more than $500 billion in trading volume during 2026 through its 14 October announcement. It also said StablePair pools generated $3.1 billion in trading volume across the platform during the first four weeks after their launch in September 2026. These figures provide context for the expansion of fee tools designed for different asset types, but do not represent trading volume for the ETH/USDG pool itself. At the network level, Robinhood launched the public mainnet of Robinhood Chain on 1 July 2026 and said Uniswap was among its day-one partners to provide a major public liquidity protocol. Robinhood documentation describes the network as an Ethereum-based layer 2 using Arbitrum, with ETH as its native gas token.
The addition of the ETH/USDG pool expands Uniswap activity on Robinhood Chain, where a proposal published on the Uniswap governance forum said deployments on the network had exceeded $1 billion in cumulative swap volume by 10 July 2026. This comes as Robinhood works to broaden the network’s use cases; its monthly report listed the addition of 100 stock tokens to the network among product announcements in August 2026. Regarding the pool’s other asset, Robinhood’s president described USDG in a September interview as a stablecoin product within Robinhood Earn and said it offers an advertised yield of 7% annually. This provides context for the pair’s presence on the network, but does not establish the ETH/USDG pool’s liquidity or trading volume.
Uniswap says the pool’s parameters and fee logic can be updated through Uniswap governance, while the deployment documentation warns that live parameters may change. Robinhood, meanwhile, warned in its quarterly disclosure that its ability to generate revenue from Robinhood Chain depends heavily on the level of network adoption and developer activity. That makes attracting applications and liquidity part of the network’s development after the launch of its public mainnet. Uniswap’s record does not specify a future date for changing or updating this pool’s parameters. The next steps remain tied to governance and activity from developers and users on the network.