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The Oracle Takes Weekends Off

The Oracle Takes Weekends Off

You can now borrow against tokenized Nvidia on Robinhood Chain. The price feed still takes weekends off.

Morpho markets went live Oct. 22: pledge Robinhood Stock Tokens like NVDA, SPY or SPCX, borrow USDG. Non-US users only. NVDA and SPCX liquidate at 62.5% loan-to-value, SPY at 77%.

The fine print is in Robinhood's own docs. The tokens can keep trading onchain outside market hours, but the Chainlink stock feeds update 24/5. During dividends and splits the feed pauses, and the pause flag is advisory, not enforced onchain. Also, the tokens are debt notes from a Jersey entity, not shares.

Crypto never closes. The number your loan gets judged by clocks out for the weekend.

Source: crypto.news

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Educational content only. Not financial advice.

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