hood-traders

hood-traders

Autonomous trading agents for Robinhood Chain — a live fleet that trades memecoins on NOXA and The Odyssey, and watches Stock Token premium/discount against Chainlink, with real signed swaps, hard risk caps, and a live decision-journal dashboard.

⚠ Risk disclaimer

This software can autonomously sign and broadcast real transactions with real funds when run in live mode. Trading is risky. Strategies here are honestly documented, not guaranteed — most new memecoin launches go to zero, thin Stock Token pools can move against you, and software has bugs. Read the strategy failure modes before funding a wallet. Paper mode is the default and does not touch real funds. Live mode requires you to set HOOD_TRADERS_LIVE=1 and provide a funded private key — never enabled by accident. There are no guarantees, no warranty, and no recovery for funds lost to a bug, a bad market, or a misconfigured risk cap. Start in paper mode. Use a wallet you can afford to lose. You are responsible for every transaction this software signs on your behalf.

Built on hoodchain — the Robinhood Chain (chain ID 4663) TypeScript SDK for Stock Tokens, Chainlink quotes, Uniswap v3 swaps, USDG, and launchpad watchers. hoodkit/hood-js (the wave-2 convenience wrappers) had not shipped at the time this package was built, so hood-traders talks to hoodchain directly — swapping in a wrapper later is a drop-in change confined to src/framework/market.ts.

What it does

• Framework (src/framework/): agent = strategy + wallet + risk budget + journal. Every tick runs observe → decide → simulate (a real Uniswap v3 eth_call) → risk-check (fail-closed) → execute → journal.
• Three strategies (src/strategies/): launch-sniper, momentum, premium-watch — each with an honestly documented edge hypothesis and failure modes (see Strategies).
• Live dashboard (dashboard/): fleet overview, per-agent equity curve, open positions, the full decision journal (why each trade fired — or didn't), and a kill button.
• Risk layer (src/framework/risk.ts): per-agent position cap, daily spend cap, fleet-wide daily spend cap, slippage bound, and cooldown — every one enforced before execution, not advisory.
• Kill switch (src/framework/kill.ts): SIGINT/SIGTERM, a KILL file, or POST /api/kill — any of the three halts new orders across the whole fleet immediately. It never force-sells; it only stops taking on new risk.

Quickstart — paper mode in 5 minutes

Paper mode simulates fills against live market data (real Chainlink prices, real Uniswap v3 quotes) — it is a real simulation, not fake data. No wallet, no key, no config needed.

git clone https://github.com/nirholas/hood-traders.git
cd hood-traders
npm install
npm run build
npm run fleet

Open http://localhost:4670 — the dashboard is live: fleet equity, per-agent P&L, open positions, and the decision journal.

Or with Docker (same result, zero local Node/npm needed):

cd hood-traders
docker compose up --build

About hoodchain

hood-traders depends on hoodchain, the Robinhood Chain TypeScript SDK, as a normal published npm dependency (^0.1.1) — npm install resolves it from the registry like any other package. If you're developing the SDK and this fleet together, clone robinhood-chain-sdk as a sibling and point package.json at file:../robinhood-chain-sdk for local iteration; revert to the published semver before shipping.

Going live

Live mode signs and broadcasts real transactions. It requires both:

cp .env.example .env
# edit .env:
HOOD_TRADERS_LIVE=1
ROBINHOOD_CHAIN_PRIVATE_KEY=0x...   # env var only — never hardcode a key

Missing either one keeps the fleet in paper mode — there is no accidental-live path. Every risk cap in .env.example applies identically in live mode; they are not paper-mode-only guardrails.

Stock Token trading additionally requires HOOD_STOCK_TOKEN_ELIGIBLE=true — an explicit affirmation that you are not a US/Canada/UK/Switzerland person, per the legal restriction on these tokenized debt securities (issuer: Robinhood Assets (Jersey) Ltd). Without it, premium-watch stays alerts-only and any Stock Token swap attempt throws StockTokenEligibilityError. Memecoin trading (launch-sniper, momentum) is never gated.

Architecture

See docs/architecture.html for the full observe → decide → simulate → risk-check → execute → journal diagram, and how the three strategies plug into it. Short version:

Market (hoodchain SDK, live RPC)
   │
   ▼
Strategy.tick(ctx) ──► Decision { intents[], alerts[] }
   │
   ▼
Agent: for each intent
   1. simulate  — real QuoterV2 eth_call, no state change
   2. price     — USD notional from the simulated fill
   3. risk gate — RiskEngine.check(...) — fails CLOSED
   4. execute   — paper: record the simulated fill
                  live:  buildSwapTx → approve → sendTransaction → wait for receipt
   5. journal   — every trade AND every refusal, into SQLite

A strategy can never bypass the risk gate — it proposes intents, the agent enforces every cap before anything executes, paper or live.

Strategies

Full docs with live examples: docs/strategies.html. Summary:

Strategy	Edge hypothesis (short)	Primary failure mode
launch-sniper	Opening-minutes volatility on new launches is real; discipline (round-trip + deployer-concentration filters, mechanical exits) harvests a slice of it.	Most new launches go to zero — the stop loss fires often; this is negative-carry unless winners cover losers.
momentum	Tokens that survive to graduation and then break out on price reflect real demand, not launch-day noise.	Breakouts on thin pools are trivially fakeable by one wallet; price-only signal has no depth check.
premium-watch	Stock Token pools are thin and drift from the Chainlink oracle; buying the discount captures reversion. Alerts-only by default — trading requires explicit eligibility + opt-in.	A premium/discount can be correct (DEX reacting to news the ≤24h Chainlink heartbeat hasn't caught yet); fading it loses on purpose. No shorting primitive exists.

Every strategy exposes its meta.edge / meta.failureModes at runtime (strategy.meta) — the dashboard and docs pull the live values, not a stale copy.

Configuration

All of .env.example is optional for paper mode. Key knobs:

Var	Default	Meaning
HOOD_NETWORK	mainnet	mainnet (4663) or testnet (46630)
HOOD_RPC_URL	(viem's public RPC)	Optional paid RPC (Alchemy recommended for live trading)
HOOD_TRADERS_LIVE	0	Must be 1 (+ a valid key) to trade real funds
HOOD_STOCK_TOKEN_ELIGIBLE	false	Non-US-person affirmation gating Stock Token acquisition
FLEET_MAX_DAILY_SPEND_USDG	250	Hard ceiling across the whole fleet, USD/day
AGENT_MAX_POSITION_USDG	50	Per-agent, per-token position cap
AGENT_MAX_DAILY_SPEND_USDG	100	Per-agent daily spend cap
AGENT_MAX_SLIPPAGE_BPS	100	Per-agent slippage bound (1%)
AGENT_COOLDOWN_SECONDS	60	Minimum gap between an agent's trades
KILL_FILE	./KILL	Drop a file here to halt the fleet immediately
DASHBOARD_PORT	4670	Dashboard + API port

Kill switch

Three independent triggers, all wired the same way — any one halts new orders across every agent:

# 1. Ctrl-C the process (SIGINT), or `docker compose stop` (SIGTERM)

# 2. Drop the kill file
touch KILL          # local
touch data/KILL      # docker (mounted volume)

# 3. HTTP
curl -X POST http://localhost:4670/api/kill

The kill switch never force-sells — it stops new risk, it doesn't unwind existing positions. Deciding whether to exit into whatever caused the panic is an explicit operator call.

Development

npm run typecheck     # tsc --noEmit
npm test               # unit tests — risk, kill switch, journal, strategies, agent (58 tests)
npm run test:e2e       # live-network E2E — see below
npm run snapshot        # capture a fresh live market snapshot into tests/snapshots/
npm run dev              # tsx watch — fleet + dashboard with hot reload

Unit tests never hit the network: strategy logic is tested against real recorded market snapshots (tests/snapshots/, captured with npm run snapshot) fed through a scriptable fake market, and risk/kill/journal tests are pure logic. npm run test:e2e is the one suite that talks to live RPCs.

Deploy

Docker / Google Cloud Run (preferred)

docker build -f Dockerfile -t hood-traders ..   # context = parent dir, see Dockerfile comment
docker run -p 4670:4670 -v hood-traders-data:/app/data hood-traders

# Cloud Run
gcloud run deploy hood-traders \
  --source .. \
  --dockerfile hood-traders/Dockerfile \
  --region us-central1 \
  --port 4670 \
  --set-env-vars HOOD_NETWORK=mainnet,FLEET_MAX_DAILY_SPEND_USDG=250 \
  --min-instances 1 --max-instances 1   # single instance — the journal is a local SQLite file

For live trading on Cloud Run, set HOOD_TRADERS_LIVE and ROBINHOOD_CHAIN_PRIVATE_KEY via --set-secrets (Secret Manager), never --set-env-vars, and mount a persistent volume (Cloud Run

• a GCS FUSE mount, or migrate the journal to Cloud SQL) so the decision journal survives restarts.

Vercel

Vercel's serverless functions are not a fit for a long-running tick loop + stateful SQLite journal — this is a long-running process, deploy it to Cloud Run, Fly.io, Railway, or any always-on container host instead.

License

All rights reserved. See LICENSE.