How Dripboard works
Dripboard is an independent, free dashboard for Robinhood Stock Tokens on Robinhood Chain. This page explains where every number comes from and how it is calculated, so you can check our work.
| Data | Source | Refreshed |
|---|---|---|
| Token list, contract addresses, multipliers, trading sessions | Robinhood's public Stock Token API (assets) | Every 5 minutes |
| Share and token prices, spread, volume | Robinhood's public Stock Token API (prices) | Every 15 seconds |
| Dividends, splits and other corporate actions | Robinhood's public Stock Token API (corporate actions) | Every 30 minutes |
| Wallet balances | Robinhood Chain, read directly through Multicall3 | On request (cached 15 seconds) |
| Swap quotes | KyberSwap aggregator, which routes across the exchanges on Robinhood Chain | Live; the scanner refreshes each token about every 10 minutes |
| Premium history and weekly reports | Dripboard's own scanner results, saved every 30 minutes | Weekly reports publish on Mondays (UTC) |
Dripboard does not have private data feeds. Every figure can be reproduced from these public sources. Data can be delayed or wrong, and the source providers can change their APIs.
The fair token price is the midpoint of the token bid and ask in Robinhood's price feed, which is already adjusted for the token's multiplier. When that isn't available, it is the midpoint of the share bid and ask multiplied by the multiplier:
fair token price = share price × multiplier
This is the price used to value balances on Dripboard. Using the share price instead would undervalue every token whose multiplier is above 1.
The issuer folds two different things into one multiplier: stock splits and reinvested dividends. Dripboard separates them. It looks for the largest simple split ratio (such as 4-for-1 or 3-for-2) that leaves a dividend factor between 1 and 1.15, and treats the rest as dividends:
multiplier = split factor × dividend factor
Only the dividend factor counts as value from dividends: value × (1 − 1 / dividend factor). A split changes the number of shares per token but not what the token is worth.
A quote's cost compares its effective price (what you pay or receive per token, after pool fees and Dripboard's fee where it applies) with the fair price. For a buy it is effective ÷ fair − 1; for a sell, 1 − effective ÷ fair. Positive means the swap costs you.
| Cost versus fair | Verdict |
|---|---|
| 5% or more better than fair | Unusual quote: usually a stale pool, check again |
| 0.25% to 5% better than fair | Better than fair |
| Within ±0.25% | Fair price |
| 0.25% to 1% worse than fair | Small premium |
| More than 1% worse than fair | Overpriced |
The scanner quotes a $500 buy and sell for every token and shares the results with every visitor. On weekends and US holidays the fair price stops moving while exchanges keep trading, so a gap can also reflect news.
Every tool on the site is free. Nothing is sold to advertisers. Visits are counted with Vercel Web Analytics, which uses no cookies and doesn't identify you; wallet addresses are never sent to it.
Watchlists and tracked wallets stay in your browser.
A swap through Dripboard earns 1 point per USDG of volume. It counts when the transaction went to the KyberSwap router, succeeded, swapped USDG for a Stock Token or back, and paid Dripboard's full fee; the volume is the trader's net USDG change in the receipt. A referrer earns 10% of the points of wallets that made their first swap after arriving through their link. Points redeem for USDG at 1,000 points per $1, from 1,000 up to 100,000 points at a time, paid to the wallet that earned them. That returns 40% of the 0.25% swap fee, so the fee is 0.15% net.
Dripboard is not affiliated with, endorsed by or operated by Robinhood Markets, Inc., Robinhood Assets (Jersey) Limited, Paxos or KyberSwap. Nothing on the site is investment, legal or tax advice. See the terms and disclaimers.