DOCS
Capital without boundaries.
Rove is onchain credit on Robinhood Chain. Supply USDG. Borrow against curated collateral. Keep the position — move the capital.
Protocol
Rove is a money market. Liquidity is pooled per market. Suppliers earn interest paid by borrowers. Rates move with utilization — idle capital earns less; scarce capital earns more.
Positions are self-custodial. Rove does not hold keys, does not custody assets, and does not intermediate settlement. Every supply, borrow, repay, and withdraw is a wallet-signed transaction.
Debt is denominated in USDG, the Robinhood Chain dollar. Collateral is the listed market asset. Borrowing does not sell the collateral. The position remains yours until you repay, withdraw, or are liquidated.
Supply
Supplying deposits USDG into a market. Deposits earn a variable supply APY sourced from borrow demand — not from token emissions. Capital remains withdrawable, subject to available cash in the pool. If utilization is high, withdrawals wait on repayments.
- Interest accrues continuously against utilization.
- There is no lockup. Liquidity, not a timer, gates exits.
- Supplied USDG is the source of borrowable liquidity.
Borrow
Borrowing posts a listed asset as collateral and draws USDG against it. The maximum draw is the asset’s LTV. A buffer between LTV and the liquidation threshold is what keeps a position healthy when price moves.
- You keep the collateral. You take USDG. The trade is credit, not a sale.
- Interest is variable. Higher utilization raises the borrow rate.
- Repay at any time. Withdraw collateral only while the account stays solvent.
Markets
The opening tape is four Robinhood Chain assets. Names and tickers are not unique onchain. The contract address is the source of truth. These tokens are independent projects. Listing is not an endorsement, and none of them are issued by Rove.
Oracle prices come from Uniswap on this chain. LTVs are set per market. Isolation is enforced onchain: each collateral has its own USDG cash book.
Oracle
Prices are 8 decimals. USDG is the unit of account and always prints $1.00. Collateral is priced from the deepest Uniswap book the protocol can read without a keeper.
- PONS, DELTA, and ZZZ use a Uniswap V3 30-minute TWAP. A single swap cannot move the liquidation price.
- PERPSHOOD has no V3 liquidity, so the oracle reads Uniswap V4 spot against USDG. That feed is more manipulable — LTV is 25% for that reason.
- Empty pools revert. The protocol will not borrow or liquidate on a dry book.
There is no off-chain price pusher. The number on the market page is the same call the pool makes onchain.
Health
Health is a range, not a badge. Safe sits on the left. Risk sits on the right. Your marker moves as collateral value, debt, and interest change.
- Green — healthy. Collateral covers debt with a clear buffer.
- Acid — attention. Price or utilization is compressing the buffer. Reduce debt or add collateral.
- Red — liquidation territory. The account can be closed by keepers at the liquidation threshold.
A rising borrow, a falling oracle price, or accruing interest all push the marker toward risk. Health is the only number that matters once you are in debt.
Risk
Credit onchain is explicit. Read this before you supply or borrow.
- Collateral can fall. Thin books move faster than the interface.
- Oracles can lag or fail. A thin Uniswap book can still move. PERPSHOOD uses V4 spot, not a TWAP.
- Utilization can pin withdrawals. Liquidity is a pool, not a guarantee.
- Smart contracts can contain bugs. Review addresses. Do not assume an unaudited surface is safe.
- Listed assets are third-party tokens. Their teams, tokenomics, and liquidity are outside Rove.
- Rove does not custody funds and cannot reverse a signed transaction.
If you do not understand liquidation, do not borrow. If you need guaranteed liquidity, do not supply the last dollar in a high-utilization market.
Network
Rove is built on Robinhood Chain (chain ID 4663). That is a factual network statement — not a partnership, endorsement, or affiliation with Robinhood Markets.
USDG is the debt asset. Market pages link each collateral contract on the Robinhood Chain explorer. Verify the address in your wallet before you approve or supply.
Contracts
Isolated USDG books live in a single pool. Prices are read from Uniswap (8 decimals). Addresses below are the source of truth — verify them on the explorer before you approve.
Deploy txs: pool 0x6841…603d, oracle 0x51e5…4318. Source: github.com/Rove-Finance/rove.
Put your assets in motion. Keep them yours.