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Launch app →
Robinhood Chain · block … Vol. I · The LVR Ledger Sept 19, 2026

Arbitrage takes
pays the LPs.

LODE captures LVR from Uniswap v4, returning value to LPs while using the protocol's share to burn $LODE. Built on Robinhood Chain.

Buy $LODE on pons How it works
Lode wordmark on lime
Fig. 1 · lode@Lodemarkets_
$LODE launches on ponsfamily.com in13:00 UTC
--hours
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Open ponsfamily.com
LVR captured
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$LODE burned
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Captured LVR to LPs
80%
Hooked pools
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§ 01 · The leak

LPs lose to arbitrage every block.

The lag

When the market moves, an AMM's price lags behind. Arbitrageurs trade the pool back to the real price and keep the gap. That leak is called loss-versus-rebalancing, or LVR.

The flat fee

Swap fees don't fix it. A flat fee overcharges small traders and undercharges the arb. The bigger the move, the more the arb takes and the less the fee covers.

The fix

Lode makes arbs pay for the price moves they cause. That value goes back to the LPs who were arbitraged, and the protocol's cut burns $LODE.

§ 02 · Mechanism

One hook. Four steps. Every block.

LodeHook plugs into any Uniswap v4 pool on Robinhood Chain. Nothing changes for LPs or traders except who pays for price moves.

  1. i.

    Anchor

    On the first swap of each block, the hook records the pool price. Every swap in that block is measured against it.

  2. ii.

    Measure

    After each swap it checks how far price moved from the anchor. Small trades inside the ~0.1% free band pay nothing extra, and neither do trades that move price back.

  3. iii.

    Capture

    Swaps that push price further away pay a tax sized to the arb's edge. Splitting one arb into many small swaps in a block pays about the same.

  4. iv.

    Return & burn

    80% is donated to in-range LPs in the same transaction. 20% goes to the buyback contract, which buys $LODE and sends it to 0x…dEaD.

An arbitrage swap passes through LodeHook; the tax splits into an LP donation and a $LODE buyback-and-burn. Arbitrage swapmoves price D ticks LodeHookcapture × D/2 bpof trade size LPs · 80%in-range, same tx Buyback · 20%swapped to $LODE 0x…dEaD
Fig. 2 · Where one arbitrage's value goes
§ 03 · Simulator

What does one arb leave behind?

Same formula the hook runs on-chain. Move the sliders to see where the value goes.

Free band 10 ticks (~0.1%) · tax cap 5% · LP share 80% · launch defaults

Arb's edge (LVR)
$0
Captured by Lode
$0
Back to LPs
$0
Buys & burns $LODE
$0
Arb still keeps
$0
Tax rate
0 bp
§ 04 · Flywheel

More volume. More capture. Less supply.

  1. Arbs tradeRobinhood Chain pools and pay for the price moves they cause.
  2. LPs earn morethan on a plain pool, so they add deeper liquidity.
  3. Deeper poolspull in more order flow, and more arbitrage with it.
  4. The protocol sharebuys $LODE on the market and burns it.
§ 05 · $LODE

Fair launch on ponsfamily.com.

$LODE token logo
Ticker
$LODE
Network
Robinhood Chain (chain ID 4663)
Launch
ponsfamily.com · Sept 19, 2026 · 13:00 UTC
Supply sink
Protocol share of captured LVR buys $LODE and sends it to 0x000…dEaD
Contract
Posted here and on X at launch
Buy $LODE Follow @Lodemarkets_
§ 06 · Contracts

Open, tested, on-chain.

Verified on the Robinhood Chain explorer. The buyback contract has no withdraw function: its funds can only become burned $LODE.

LodeHook

v4 hook

Anchors price each block, taxes the price deviation a swap creates, donates the LP share, and holds the protocol share until it's swept.

Not deployed yet

LodeBuyback

Buy & burn

Receives the protocol share, swaps it to $LODE through Uniswap v4, and sends every token to the burn address.

Not deployed yet

PoolManager

Uniswap v4

The official Uniswap v4 singleton on Robinhood Chain that every Lode pool runs through.

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§ 07 · FAQ

Questions, answered.

Does Lode make swaps more expensive for normal traders?

Not for normal-sized trades. Anything that moves price less than the free band (about 0.1% from the block's opening price) pays only the pool's regular fee. The tax applies to flow that pushes price far off, which is what arbitrage looks like.

Can an arb dodge the tax by splitting the trade?

Not within a block. The tax is measured from the block's opening price, so four small swaps pay about the same as one big one. The test suite checks they land within 5% of each other.

How do LPs get paid?

In the same transaction as the arb. The hook calls the PoolManager's donate, which credits in-range positions the same way swap fees do. There's nothing extra to claim.

Where does the protocol share go?

Anyone can call sweep to move it into the buyback contract; the app has a button for it. Keepers swap it into $LODE and the output goes straight to 0x000…dEaD.

Why Robinhood Chain?

Robinhood Chain is an Arbitrum L2 where tokenized assets and crypto trade side by side, and those pools get arbitraged against off-chain prices all the time. That's the value Lode captures.

Is this financial advice?

No. $LODE is a new, volatile token and smart contracts carry risk. Only use what you can afford to lose.