Trading stocks against BONER is the latest trend for DeFi degens

magazine-vlad-robinhood

Why would anyone want to trade a healthcare stock for a memecoin like BONER? Why wouldn’t they, ask the degens on Robinhood Chain who are building a strange new corner of DeFi.

The HIMS token is designed to track shares of the teleheath company Hims & Hers, which trade on the New York Stock Exchange (NYSE). On Robinhood Chain, traders can buy and sell the tokenized stock alongside other crypto assets like memecoins.

And that’s what happened with BONER.

The deliberately ridiculous memecoin was paired with HIMS in a liquidity pool, where traders could swap between the two tokens.

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