The Pit Report · Nov 4, 2026
Robinhood Chain crosses $100 billion in Uniswap volume in about 125 days, StonkBrokers opens registration for its Dark Pool launch, Minehood pauses to move its game onto its own token, Index restarts tokenized stock payouts, OpenSea signs on for Elysium's launch, FungoLabs readies encrypted NFTs, Bored Ape grails keep trading, Bitcoin rebounds after the midterms and the stablecoin supply shrinks.
Robinhood Chain reached about $100 billion in Uniswap trading volume roughly 125 days after its July 1 launch, faster than any chain before it. Total value locked sits around $1.07 billion, and builder grants and mentorship programs are still running.
StonkBrokers, a 4,444-piece pixel-art broker collection where each NFT works as its own wallet, opened registration for a tiered allowlist tied to its upcoming Dark Pool block-trading desk. The community is also passing around office-themed memes from its new StonkSecretary side project.
After holder pushback over ETH spending and a sharp slide in the Minehood Miners collection, the mining game paused so in-game purchases can move from ETH to its own token. The team says player progress carries over and NFTs still unlock deeper mines, though holders want clearer buyback details.
The Index project paused distributions from October 18 to 29 to rebuild its system, and has since sent about $23,600 in tokenized stocks to 4,163 wallets across three cycles. It also added fixed 36-hour cycles and compensation for earlier holders.
OpenSea says it will integrate Elysium, a new Layer 2 for the Hyperliquid ecosystem, when its mainnet launches on November 9. Early projects are lining up, though some collectors worry trading will split between OpenSea and native marketplaces.
FungoLabs plans to drop a 3,232-piece Genesis collection on Ethereum on November 5 where the art and traits stay hidden until the owner reveals them. Most of the supply goes out through a sealed-bid auction, with 500 free allowlist spots.
Bored Ape Yacht Club saw a run of over-the-counter deals this week, including a collector finishing a four-year hunt for an orange-background lab coat ape. Returning and first-time holders were welcomed warmly by the community.
Bitcoin briefly fell below $76,000 as election results came in, wiping out about $160 million in long positions within an hour, then climbed back above $78,000. Ethereum followed a similar path.
The total stablecoin supply dropped about $11.5 billion over the past month to around $291 billion, which some analysts read as thinner liquidity across crypto. Others note matching money moving into tokenized Treasuries.
Minting this week: see the Robinhood Chain NFT mint calendar →
News roundup written in our own words with links to the original sources. Not financial advice. Not affiliated with Robinhood.
