Long
A long position gains value when the token price rises and loses value when it falls. WETH is used as collateral and to finance the leveraged purchase.
Trade with leverage.
Keep the final say.
Hood Long brings token discovery, position planning, risk controls, and wallet confirmation into one focused trading workspace on Robinhood Chain.
01
Your first trade
From token selection to wallet approval in five steps.
- Connect your wallet
Choose Connect wallet and switch to Robinhood Chain when prompted.
- Choose a token
Search by token name or symbol. Use the address chip beside the symbol to copy and verify the contract.
- Set collateral and leverage
Enter the WETH you want to use and choose your leverage. The ticket updates the position value and liquidation price.
- Review the order
Check the final price, minimum received, fee estimate, borrowing cost, and liquidation level.
- Approve in your wallet
Hood Long prepares the transaction. Nothing is submitted until you approve it in your wallet.
02
Long and short
Choose a direction based on how you expect the token price to move.
Short
A short position is designed to gain when the token price falls. Availability is shown directly in the order ticket and may differ by market.
03
Risk and liquidation
Leverage magnifies both gains and losses. Know these numbers before every trade.
Liquidation price
Shown as ETH per token. For a live position, Hood Long derives this level from the loan’s current on-chain debt, on-chain collateral amount, and configured liquidation LTV—the same inputs used by the liquidation eligibility check. Accrued interest can move the level over time.
Minimum equity
Also called maintenance margin. It is the minimum share of the position that must remain as your equity. Hood Long currently shows this percentage beneath the chart.
Borrow APR
The annualized rate charged on borrowed funds. Interest accrues while the position remains open, so the final repayment grows over time.
Trading fees
Opening a position costs 1% of the opening position value. Closing costs a 1% base fee on the original position value, plus 8% of any realized profit. The review screen shows the applicable estimate before wallet approval. Network gas and borrowing interest are separate.
Price movement and liquidity
Fast markets can move between review and confirmation. Hood Long refreshes the executable order before wallet approval and applies a minimum-received limit.
A simple rule:Use less leverage when volatility is high, and leave room between the current price and your liquidation price.
04
Managing positions
Monitor exposure and close when your plan changes.
Track
The Positions page shows size, entry, liquidation price, profit and loss, and transaction status.
Close
Choose Review close to see the amount sold, debt repaid, minimum received, and estimated close fee before approving.
Recover
If a transaction is delayed, keep the page open or return later. Hood Long reconciles submitted transactions and updates their final status.
05
Earn with ETH
Supply liquidity directly from your wallet and receive hETH pool shares.
Deposit
Open the Earn tab, choose ETH or WETH, enter an amount, and review the estimated hETH shares. ETH deposits need one wallet transaction; WETH may require an approval first.
Earn
Lenders receive 67% of realized borrowing interest. Share value changes only when pool results are realized on-chain; the interface does not advertise a fixed APY.
Withdraw
Every hETH exit enters a FIFO queue. The keeper can process after 24 hours; if it is unavailable, anyone can process the request after 72 hours. Shares remain exposed to pool gains and losses until processing and can be cancelled beforehand. hETH does not support instant ERC-4626 redemption.
Pool risk:Returns are variable and lender capital can take losses after the protocol-funded first-loss reserve is exhausted.
06
Wallet and network
You stay in control of every approval.
NetworkRobinhood Chain
CollateralWETH
ConfirmationYour wallet
Hood Long does not submit a trade from the chart or agent conversation. Both can prepare an order, but the review screen and wallet approval remain mandatory.
07
Frequently asked questions
What does the percentage under “Min. equity” mean?
It is the maintenance margin. If your equity falls below that percentage of the position, the position may be liquidated.
Can Hood Agent execute a trade for me?
No. It can fill a ticket and prepare one or more review screens, but only you can approve the final wallet transaction.
Why did my final price change?
Prices and available liquidity move continuously. Hood Long refreshes the order before confirmation so you can review the current terms.
What are the trading fees?
Hood Long charges 1% when a position opens and a 1% base fee when it closes. A close also charges 8% of realized profit, if any. Gas and borrowing interest are separate.
Why is a direction unavailable?
Trading availability depends on the selected market and available liquidity. The order ticket shows the current status before you enter the review flow.