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Concepts / Stock tokens & USDG

Stock tokens and USDG

Stock tokens are tokenized U.S. equities and ETFs. USDG is the dollar stablecoin used to settle them.

Canonical addresses

Only the contract addresses published by Robinhood are canonical. A token with the same name or ticker at another address is not the real asset. Tradient flags it and refuses to trade it.

Prices

Stock token prices come from Robinhood's Stock Token price API. Those prices are for the underlying share, so Tradient applies the token's current multiplier.

Trading hours

Stock tokens trade 24/7 onchain while the underlying shares trade only during exchange hours. Outside those hours prices can drift and gap at the next open. Every quote carries a session field.

regularsessionExchange is open. Tightest spreads.
overnightsessionWider spreads.
weekendsessionHighest gap risk at the next open.