How RWAM works
RWAM has two halves: a live dashboard that tracks the premium between Robinhood's tokenized stocks and their real closing price (Implied Open), and Predict, where you can actually bet on which way a stock moves — with real ETH or with fETH, a free internal-wallet currency that needs no wallet at all. Everything below is Robinhood Chain testnet — not investment advice.
01 · Watch it
The premium — Implied Open
Robinhood's tokenized stocks (NVDA, AAPL, TSLA, …) trade 24/7 on Robinhood Chain, but the real exchange only prices them during market hours. The gap between the token's live price and its frozen official close — the premium— is the on-chain crowd's running bet on where the stock reopens. The dashboard shows this for every stock with a live feed, updated continuously.
02 · Bet on it — real ETH
Predict: UP/DOWN markets
Every predictable ticker runs non-custodial, pari-mutuel markets: put ETH on UP or DOWNbefore the market locks. Winners split the losing side's pool pro-rata to their stake — nobody, including RWAM, decides the outcome. The contract reads the same price feed everyone can see, at the moment anyone calls lock/resolve.
Two kinds of market, same mechanic, different window:
- Trading session — up or down between the open and close of a single NYSE session, a few hours apart.
- Weekend gap— bet Friday's close (16:00 ET) against Monday's open (09:30 ET). This is the literal on-chain version of the premium the dashboard already shows passively — betting on whether that implied direction is actually right.
Real-ETH bets need a browser wallet (MetaMask/Rabby — see Connect walleton any ticker's Predict page) and Robinhood Chain testnet ETH for gas.
03 · Bet on it — no wallet
fETH: your internal wallet
fETH (fake ETH) lets anyone play the same UP/DOWN markets with zero setup — no wallet extension, no gas, no signup. The first time you open a ticker's Predict page, RWAM quietly assigns you an internal wallet (a cosmetic address, shown at the top of the fETH tab) and remembers it for you.
Claim 0.1 fETHonce a week, then bet it on UP or DOWN just like a real-money market. Winnings are credited straight back to your internal balance — no separate claim step, since there's no gas to pay. Balances reset to 0.1 every Thursday 00:00 UTC, not additive — last week's wins or losses don't carry over, same as a fantasy league resetting each week.
Because fETH never touches a wallet, RWAM enforces "once a week" with a stored identifier tied to your browser instead of a signed transaction — good enough to stop casual re-claims, though clearing cookies or switching browsers resets it. fETH itself can never leave the site, be withdrawn, or represent real value: it's a leaderboard game, not an asset.
04 · Win it
Weekly leaderboard + champion bonus
Every fETH bet counts toward the weekly leaderboard — ranked by net (winnings minus stakes) since the current Thursday reset. When the week rolls over, whoever finished #1 with a positive net gets a bonus added on top of their nextweekly claim — a small, symbolic prize draw for the best predictor, shown as a 🏆 banner on the leaderboard. The real-ETH leaderboard is separate and all-time, since real bets don't reset weekly.