Supported Assets

Collateral

Supply these to unlock borrowing power. None of them can be borrowed, so this market cannot be used to short them.

• 

  SPCX

  SpaceX

  Stock Token issuer

  Robinhood

• 

  META

  Meta Platforms

  Stock Token issuer

  Robinhood

• 

  NVDA

  NVIDIA

  Stock Token issuer

  Robinhood

• 

  AAPL

  Apple

  Stock Token issuer

  Robinhood

• 

  QQQ

  Invesco QQQ

  Stock Token issuer

  Robinhood

• 

  SPY

  SPDR S&P 500 ETF

  Stock Token issuer

  Robinhood

• 

  SGOV

  iShares 0-3 Month Treasury Bond ETF

  Stock Token issuer

  Robinhood

Borrow asset

USDG

Global Dollar | supply and borrow

USDG valuation and borrowing are separate

Account valuation treats USDG debt as exactly $1. This keeps health checks and liquidations available during a USDG depeg or feed outage. USDG is never collateral.

New borrowing uses the live Chainlink USDG price as a separate gate. It closes outside $0.98 to $1.02. The live feed never replaces the fixed $1 value used for existing debt.

The current supply cap is 125,000 USDG and the borrow cap is 125,000 USDG.

How Robinhood Stock Tokens work

Robinhood Stock Tokens provide economic exposure to stocks or ETFs, including dividend reinvestment. They are issued by Robinhood Assets (Jersey) Limited and are not direct ownership of the underlying shares.

Dividend yield is reflected in the token's value through reinvestment, rather than a separate cash payout. Robinhood adjusts how many shares each token represents through a shares-per-token multiplier. Dividends and corporate actions can change that multiplier, and Chainlink includes the adjustment in the price Zona uses. Your raw token balance does not change just because the multiplier changes.

This means the token price can differ from the quoted share price. A stock split adjusts both the underlying share price and the multiplier; it does not, by itself, multiply the value of your holding. During a major corporate action, Robinhood may pause the oracle. Zona stops valuation-dependent actions for that asset until pricing is valid again.

For more information, visit Robinhood's Stock Token guide and Chainlink's Robinhood feed documentation. See Prices & Market Hours for Zona's borrowing hours and what happens when a price is unavailable.

Where to get them

Zona is a lending market, not an exchange, so it does not sell you the collateral. The supported assets trade on Robinhood Chain DEXs. See the Ecosystem page for available venues.

Adding new markets

• A candidate needs reliable pricing during its approved market hours, enough DEX depth for a liquidator to unwind a seized position at stressed size, and an issuer whose corporate-action handling can be read programmatically.
• Its failure behavior is tested before listing: when valuation is unavailable, debt-increasing actions and withdrawals from indebted positions fail closed while repayment and collateral top-ups remain available.
• Listing and activation go through the governance Safe and the one-hour timelock before users can supply the new reserve as collateral.