Glossary

The words HEY uses, in plain language. Each one links to the rule that decides it.

Is it safe? HEY can’t tell you if a token is safe; it tells you whether someone is building it.

Building is evidence about a team, not a promise about a token: a project can ship every week and its token can still fall, and a token can trade with nobody building behind it. Check the contract, the market and the team yourself before you put money anywhere.

Building

Ship: Something concrete a project put out — a release, a deployment, an integration, documentation, or for a meme a game, tool or art drop — with a public source HEY can point to.; Announcements, hype and marketing posts are recorded but never count as building.; How HEY decides it →
Builder: The people or team behind a project who ship things. HEY reads what they put out in public — code, releases, contracts — never who they are.; How HEY decides it →
Verified builders on Robinhood Chain: Projects with the Verified builder badge that also show Robinhood Chain evidence — a token, a contract, a launch, a verified claim, or the chain named in their own repository. The set HEY ranks; the figures beside it are counted inside it. Projects that carry the badge for shipping elsewhere (a multi-chain wallet or library that supports the chain among many) are not in it.; HEY holds verified evidence of shipping. The badge is about what was shipped; it says nothing about the token, which is checked separately (see Token verified).; How HEY decides it →
Activity status: How recently a project shipped something meaningful, from its own public sources. Never from the token price.; Shipping: Shipped something meaningful in the last 7 days.; Active: Meaningful updates in the last month.; Quiet: No meaningful updates for over a month.; Dormant: No meaningful updates observed for a long time. Not the same as abandoned.; Resumed building: Started shipping again after a long gap.; Activity unknown: Not enough public sources to judge activity yet.; How HEY decides it →
Commits: Saved changes to a project’s code repository. HEY counts them a week at a time, and looks inside them to see whether they changed code or only documentation.; On a feed, one line stands for a week: One per project per week with commits to an official repository.; A week that only touched documentation or upkeep files is shown but not counted as building.; How HEY decides it →
Release: A tagged release or a published package version, with its source.; A tag a project’s automation re-cuts again and again (such as “latest” or “nightly”) is kept as context and never counted as a release.; How HEY decides it →
Build Momentum: A 0–100 measure of how consistently a project ships meaningful work: how recently, how regularly, how big, how well verified and from how many sources.; Commit volume and marketing volume cannot inflate it, and the token price is never an input.; How HEY decides it →
Research-ready: Published projects HEY can answer the builder question for: it has measured whether the builder is active, or recorded a source-backed ship in the last 90 days. A subset of every published project, and not the same set as the verified builders: a project can be one without the other.; How HEY decides it →
Builder Radar: HEY’s ranked board of who is building on Robinhood Chain, ordered by verified development, on-chain use and research standing. Never by price, payment or $HEY.; Where to see it →
Still Building: Market attention declined while meaningful building continued.; Measured only on a token with an active market of the project’s own: its value sits well below the highest close HEY tracked, and the team kept shipping after the decline began. It describes the past and is not a buy signal.; How HEY decides it →
Discovery Gap: How a project’s building compares with the market attention its token gets: Build Momentum’s rank against the market’s rank among published projects.; Measured only on an active market; on a thin market it reads “not measured — market too thin”, never zero. It is context, never a prediction or a valuation.; How HEY decides it →
Under the Radar: Shown on HEY as “Building, little attention”: projects shipping steadily whose tokens get less market attention than their building would suggest — a positive Discovery Gap on an active market.; A description of building and attention, not a recommendation.; How HEY decides it →
Narrative: The kind of project — AI Agents, Gaming, DEX, Meme and so on — assigned from what the project says about itself and its sources.; Where to see it →
Watched contract: A project contract whose calls and events HEY counts each day, to see whether what was shipped is being used. Counts only: distinct addresses are not people.; How HEY decides it →

Market context

Valuation: What the token’s market is worth by HEY’s latest reading: a market cap where the circulating supply is known, otherwise a fully diluted valuation. Context only; it never decides a project’s status or rank.; A reading older than a day says how old it is. Where HEY cannot trust a figure it shows why instead of a number.; How HEY decides it →
FDV vs market cap: Market cap is price × the supply in circulation. FDV (fully diluted valuation) is price × every token that exists or will. HEY says which one a figure is and never compares them as one.; Fully diluted valuation: the provider reports no circulating supply, so this is price × total supply.; How HEY decides it →
Liquidity: How much money sits in a token’s trading pools. Little liquidity means a small trade moves the price a lot.; How HEY decides it →
Pool: A smart contract that holds two tokens (for example a token and ETH) so people can trade one for the other. A token can trade in several pools.; How HEY decides it →
Active market: The tracked token has liquidity and traded in the last 24 hours.; Other states say why a market is thin or missing — low liquidity, no trades in a day, liquidity no longer detected. Observations, never a verdict on why.; How HEY decides it →
Launch pool: Where a token starts trading on a launchpad, often a bonding curve that still holds most of the token’s own supply. Its figures are not a market yet, so HEY does not measure building against them.; How HEY decides it →

Tokens and the chain

Token verified / unverified: Token verified: The project itself ties this contract to the project: its site names the contract, or the owner proved control of the deployer.; Token unverified: HEY found this token through a launch record or a market listing. Nothing the project itself published ties the contract to the project yet.; Contract mismatch: The project’s own site names a different contract than the one HEY tracks. Treat the tracked token with care.; How HEY decides it →
Contract: A program that lives on the blockchain at an address starting with 0x. A token is a contract; so is a pool or an app’s logic. The address is a token’s identity — a name or ticker can be copied, the address cannot.
ERC-20: The common standard for tokens on Ethereum-style chains, Robinhood Chain included. It says a token can be held and transferred; it says nothing about who built it or whether anything stands behind it.
Proxy: A contract that forwards every call to another contract holding the code, so its owner can swap the code later. HEY records when a proxy starts pointing at different code.
Deployer: The address that put a contract on the chain. HEY treats it as evidence about who launched a contract — never as a profile of a person.
Launch record: A token HEY found on Robinhood Chain and has not researched: a name, a ticker and a contract. Search lists it as “Launch record — not researched by HEY”, never as a project.
Launchpad: A site that lets anyone launch a token in a few clicks, usually on a bonding curve. A launch on a launchpad says nothing about whether anyone builds afterwards.; Where to see it →
Robinhood Chain: A public blockchain from Robinhood (chain id 4663), compatible with Ethereum, where anyone can launch a token or deploy an app. HEY is independent of Robinhood.; Where to see it →
Is it safe?: HEY can’t tell you if a token is safe; it tells you whether someone is building it.; Building is evidence about a team, not a promise about a token: a project can ship every week and its token can still fall, and a token can trade with nobody building behind it. Check the contract, the market and the team yourself before you put money anywhere.; Where to see it →

HEY itself

Research Terminal: HEY’s deeper research workspace: market candles, contract changes and timeline receipts beside the builder story. Everything on the public site stays free.
Signals: Measured changes that cleared a threshold — a development spike, a release, a contract change, liquidity moving — each with its source. Not a buy signal.; Where to see it →
Pulse: A live view of who is building across Robinhood Chain: what shipped, by whom, and when.; Where to see it →
MCP: Model Context Protocol: a standard way for AI assistants to call tools. HEY’s MCP server lets an assistant read the same public research this site shows.; Where to see it →
$HEY: HEY Research Lab’s own token. It pays for research work and access; it never buys a ranking, a score or coverage. On a card it carries “HEY’s own token — researched by the same rules”.; Where to see it →
Scout and bounties: Research tasks anyone can take on — verify who owns a project, document a release — some paid as bounties in $HEY after a moderator checks the evidence.; Where to see it →

New to Robinhood Chain?

Robinhood Chain is a public blockchain from Robinhood (chain id 4663) where anyone can launch a token or deploy an app. Because anyone can launch a token there, most tokens have nobody building anything behind them, and some borrow Robinhood’s name without being Robinhood’s. HEY reads public evidence — code, releases, contracts — to show which projects someone is actually building, and never tells you what to buy.

Robinhood’s own Robinhood Chain documentation ↗ · What HEY’s words mean