ThetaApp

Introducing Theta: Margin and options trading terminal for Robinhood Chain. The problem: Robinhood Chain did a record $1.6B in DEX volume on 1 Sep, and memecoins drive a big share of it. But a memecoin pool only lets you buy or sell. You can't short it, lever it, or hedge it. The places that do offer leverage on memes are on other chains, and they break when a position outgrows the pool. In March 2025 a single $4M JELLY short did exactly that to Hyperliquid's vault. Liquidity is split too. The 30 biggest memes trade across Uniswap v3, Uniswap v4, Bankr, Pons and pools.trade, so the price you get depends on which pool you happen to hit.

Reading trades.