The market maker for mispriced equities on Robinhood Chain.
mm watches every pool where tokenized stocks trade. When a pool trades far above the real stock price, mm sells into it. The profit goes to holders, every day, on-chain.
Token fees buy thin, pump-prone stocks at fair value.
A buyer pushes a pool far above the real stock price.
mm sells into the spike. The gap above the real price is profit, paid to holders daily.
Why pool prices drift
These tokens are not the stock itself. Each pool sets its own price from nothing but pressure: a buy pushes the price up, a sell pushes it down. Nothing else holds it in place.
The only force keeping a pool near the real stock price is arbitrage. While the market is open, a bot can buy the real share cheap and sell the token high, so gaps close in minutes.
When the market is closed, that trade does not exist. And almost nobody keeps stock tokens sitting around just in case, because holding them is exposure. So at night and on weekends a pushed pool has little pulling it back, and gaps open wider and last longer.
That is the seat mm occupies: the one player already holding inventory when it happens.