WITH BENCHMARK
- BENCHMARK
- NVDA ↑
- MORPH BUY
- ↑
MORPH continuously compares its movement with tokenized markets on Robinhood Chain and automatically selects the closest benchmark.
The protocol resolves a single active benchmark per evaluation window. Selection is deterministic and derived entirely from onchain market data.
MORPH continuously evaluates market alignment. When another market becomes a closer match, the protocol automatically migrates to the new benchmark. No governance vote, no operator action.
Six deterministic stages executed inside the pool lifecycle. Market data enters the engine, similarity is computed, the active benchmark is committed to storage, and the Uniswap v4 hook prices every swap against it.
MORPH compares its market movement against a defined set of tokenized assets. The closest movement becomes the active benchmark. Distance in the map below is inversely proportional to the match score.
Scores are recomputed every 300 blocks. A candidate must exceed the active benchmark by more than the hysteresis threshold before migration is executed.
The hook prices flow relative to the benchmark. Trades moving with the active benchmark receive a reduced fee. Trades moving against it are charged a premium.
Protocol status, current selection and the most recent evaluation events written by the benchmark engine.
Every benchmark transition is recorded onchain. Select an event to replay the corresponding migration in the system view.
MORPH uses approved onchain market data sources for benchmark comparison. Feeds are read directly by the engine; no offchain relayer participates in selection.
| ASSET | PRICE SOURCE | STATUS | LAST UPDATE |
|---|
Fixed configuration of the deployed system.
Deployed addresses. Verify every address in the explorer before interacting.
Fee rebates accrue to aligned flow and are claimable per epoch. A connected wallet is required to read an allocation.
Claim functions are disabled until a wallet is connected to Robinhood Chain.
Technical reference for the benchmark model, the fee model and the hook implementation.
DEMO ENVIRONMENT — NO TRANSACTION IS BROADCAST AND NO SIGNATURE IS REQUESTED. DETECTED BROWSER WALLETS USE THE STANDARD EIP-1193 REQUEST FLOW.