Uniswap v4 · Robinhood Chain
Liquidity out of range
earns nothing.
Not less. Nothing. A v4 position holds one liquidity value across the ticks you chose, and it collects only while the price is inside them, splitting each fee with every other position spanning that same price. Walk the price outside and the position keeps all of the exposure and none of the income.
01 The problem
Almost nothing graduates, and what does is left unmanaged.
Pons is the busiest thing on Robinhood Chain, and the counting is brutal. In a single window of a few hours the launchpad emitted thousands of launches and a couple of hundred graduations: on the order of two percent reach a pool at all. The liquidity radar counts both from chain logs each time it is opened, so the figure is whatever it is today rather than whatever it was when this was written.
What a graduation leaves behind is the interesting part. It is one position, spanning the entire price range, held permanently by the launchpad’s locker. Full-range liquidity earns the thinnest fee density there is, and nobody is managing a range because there is no range.
Then there is the part that is hard to believe until you measure it. Comparing that locked position against each pool’s own active liquidity, it comes back at 100% on every graduated pool checked. Not one person has added liquidity of their own to any of them. These are not markets where you would be competing for fee share; they are markets where nobody has taken the seat.
And the pool lies about its own fee. A graduated pool reports fee = 0 on chain, which reads as a free market. It is not free: the pool delegates its fee to the Pons hook, which charges the real amount, one to two and a half percent on the pools checked. Anything that quotes a fee from the pool alone is quoting a market that does not exist. InRange reads the hook.
These pools are quoted against tokenized stocks and native ETH rather than a stablecoin, which is a Robinhood Chain peculiarity worth knowing before you size a position: the quote asset moves too.
02 What it does
Read the real fee
Checks the launchpad hook before quoting anything. A pool that reports zero on chain is charging one to two and a half percent through its hook, and every fee estimate here uses that number instead.
Walk the book
Reads the tick bitmap around the price and accumulates net liquidity outward, reconstructing how much is in force at each price. That denominator is what decides the fee share a new position would actually take.
Decide
Scores candidate tick ranges against that depth, at a volatility measured from the pool's own swaps rather than guessed, and says when the measurement is too thin to trust.
Price the risk
Values the position against simply holding the mix you deposited, so impermanent loss sits on the page beside the fees instead of behind an APR.
Explain
Says what the numbers mean and cites the ones it acted on. A range you cannot audit is a range you cannot trust.
03 What it sells
Sold directly, priced in the pool’s own quote asset.
There is no agent marketplace on this chain to route a job through, and pretending otherwise would be an integration that does not exist. So the shape is the plain one: a transfer in USDG or in whatever the pool quotes against, and a report back. None of it is being sold yet. The list is here so it can be argued with before it applies.
A performance fee on collected fees would need execution, and execution is not built. Until it is, there is nothing to charge a percentage of.
04 The token
$RANGE
Holding it is meant to be useful, not decorative. It will launch through Pons, which means its trading fee is set at launch and charged by the hook, where anyone can read it. The number will be published here once it is chosen, not guessed at now.
- Holders get the range analysis without paying per job.
- Holders pay no fee on any service that later carries one.
- Tier thresholds are still being set, and will be published before they apply.
The buyback rule
Written down before the first buyback precisely so it can be checked afterwards.
- 50% of service revenue, and 50% of the creator share of the $RANGE trading fee, buy $RANGE back through its own Uniswap v4 pool, weekly.
- Every buyback publishes its transaction hash, checkable on the explorer.
- The remainder pays for RPC, inference and hosting. That is the budget.
05 Built, and not built
- Range scoring against depth walked from the tick bitmap
- The real fee a hook charges, when the pool reports zero
- A census of what Pons launches and what graduates
- Lock status of each graduated launch position
- Volatility measured from the pool’s own swaps
- Impermanent loss priced exactly, against holding
- A plain-language verdict on the numbers
- Signing anything at all. It is read-only today.
- Minting, rebalancing or collecting a position
- Paid jobs of any kind
- Scheduled monitoring, delivered anywhere
- Reading the positions a given wallet holds
Product first, token second. A token that launches without a working product goes quiet the moment the launch window closes.
06 How it is allowed to touch money
Today the answer is that it cannot. There is no key in this codebase, no wallet, and nothing that builds a transaction; every call it makes is a read. If execution is ever added, the rule it will be built to is that the agent never holds the key: it proposes one call against the Uniswap v4 position manager for one pool it was scoped to, and a separate signer refuses anything that is not that. That is a design, and saying so is not the same as shipping it.
Impermanent loss is not a problem an agent can solve. Choosing a range optimises fee capture; it does not remove the risk of holding two assets whose relative price moves, and on this chain the quote side is often a stock token that moves on its own. InRange prices that loss and puts it next to the fees rather than quoting an APR and staying quiet. This is an analysis tool. It promises no return.