Orvex Genesis is entering Week 2.
Week 1 opened eight Genesis Markets and asked a simple question: which routes does Robinhood Chain's RWA economy actually need most? $3.42M of volume in seven days started to answer it. Four new Genesis Markets join the campaign, incentives shift toward the routes Orvex is building as core infrastructure, and long-standing members of the Catex, Ocelex, and Lynex communities get a way to carry their history into Orvex.
Orvex is the liquidity coordination layer for Robinhood Chain's RWA economy. Genesis is how the first operators help those markets form.
Where Orvex stands after Week 1
Orvex opened with no liquidity and no trading history. Seven days later, across all 21 markets on the protocol:
- Total TVL: $182.27K
- Volume (7D): $3.42M
- Markets: 21 — 8 incentivised, 13 open
TVL climbed steadily through the week instead of spiking on day one and bleeding out. That pattern matters more than the number itself — liquidity that shows up and stays is what makes a market quotable.
Read the first two figures together. $3.42M of volume against $182.27K of TVL means deployed capital turned over nearly nineteen times in seven days. That is what concentrated liquidity is supposed to do: a small book placed in the right ranges, absorbing far more flow than its size suggests.
This is an early base, not a finished market. But it is the right shape for one — real trading against tight capital, rather than idle depth sitting where nothing happens. Week 2 is about growing the base without losing that shape.
Week 2 at a glance
What changes this week:
- Starts: 7 August, 14:00 UTC
- Ends: 13 August, 14:00 UTC
- Length: six days — one shorter than a standard epoch
- New Genesis Markets: USDG / USDe, syrupUSDG / USDG, CASHCAT / USDG, and WETH / PONS
- Core focus: deeper WETH / USDG liquidity and stronger tokenized-exposure routes
Week 2 runs six days rather than seven because Genesis epochs are moving to a Thursday flip. This week absorbs the adjustment: it opens Friday 7 August and closes Thursday 13 August, and every epoch from there starts and ends on a Thursday. Plan positions accordingly — there is one day less to accrue in this epoch than there was in Week 1.
Four new Genesis Markets
These four are chosen for the same reason the original eight were: each one is a route Robinhood Chain's RWA economy needs, not just a market that happens to have volume. USDG / USDe and syrupUSDG / USDG deepen the dollar side of the network — one a straightforward stablecoin pair, the other a yield-bearing route built for concentrated liquidity. CASHCAT / USDG and WETH / PONS extend ecosystem-asset coverage on top of the two anchors, USDG and WETH, that already carry the rest of Genesis.
- USDG / USDe — a new stablecoin route for onchain dollar liquidity.
- syrupUSDG / USDG — a yield-bearing dollar route designed for concentrated liquidity.
- CASHCAT / USDG — an ecosystem route joining Genesis this week.
- WETH / PONS — an ETH-denominated ecosystem route, selected from the live market available on Robinhood Chain.
Each new Market begins as part of the Week 2 Genesis configuration, taking the incentivised set from eight markets to twelve. Future epochs will continue to be reviewed against liquidity, activity, and the needs of the wider market set. For a Liquidity Operator, that means two new ways to deepen dollar liquidity and two new ways to extend exposure into ecosystem assets — all four evaluated on the same terms as the markets that opened Genesis.
Updated Week 2 incentives
Week 2 concentrates more Genesis Points on the markets Orvex is building as core routes, and pulls back from the ones carrying lower priority this campaign. WETH / USDG gets the largest increase because it is the primary bridge into the network — every Genesis Market is quoted against USDG or WETH, so depth there improves execution everywhere else. USDG / NVDA and WETH / NVDA move up together, extending the priority already given to single-stock exposure. USDG / VIRTUAL steps down slightly. USDG / SPY and USDG / TSLA hold flat, unchanged from Week 1. WETH / TSLA and USDG / AAPL take the largest reductions — not because those markets are being closed down, but because the Genesis Points budget is being redirected toward the routes Orvex is concentrating on this week.
| Market | Week 1 | Week 2 |
|---|---|---|
| WETH / USDG | 3.00x | 4.00x |
| USDG / NVDA | 1.75x | 2.00x |
| WETH / NVDA | 1.50x | 1.75x |
| USDG / VIRTUAL | 2.25x | 2.00x |
| USDG / SPY | 1.50x | 1.50x |
| USDG / TSLA | 1.50x | 1.50x |
| WETH / TSLA | 1.25x | 0.75x |
| USDG / AAPL | 1.25x | 0.75x |
The four new Genesis Markets enter with the following weights:
| New Market | Week 2 multiplier |
|---|---|
| USDG / USDe | 1.50x |
| syrupUSDG / USDG | 1.50x |
| CASHCAT / USDG | 2.00x |
| WETH / PONS | 1.00x |
CASHCAT / USDG enters as the strongest of the four, level with USDG / VIRTUAL and ahead of every tokenized-equity route this week.
Multipliers direct each Market's share of the approved Genesis Points budget. They are not a promised APR or a guarantee of returns. For a Liquidity Operator, the practical read is this: capital sitting in WETH / USDG, USDG / NVDA, or WETH / NVDA now claims a larger share of the Week 2 budget than the same capital claimed in Week 1, while capital in WETH / TSLA or USDG / AAPL claims less — though both routes remain open and fully eligible for Genesis Points.
What is Feline Ancestor?
Feline Ancestor recognizes long-standing members of the Catex, Ocelex, and Lynex communities who helped shape the path to Orvex — the people who locked, voted, and directed emissions on those protocols long before Robinhood Chain existed.
Eligible wallets can claim a snapshot-based Feline Points allocation reflecting their historical vote-escrow position across those three protocols. The claim recognizes history — it does not require new liquidity or new activity on Robinhood Chain.
Feline Points run on their own track. They remain attached to the credential and do not count toward Credential Points, Total GP, or Genesis leaderboard rank. Feline Ancestor is a recognition, not a shortcut to a higher rank — the leaderboard is still earned through active liquidity in Genesis Markets.
How to participate
Participating in Week 2 follows the same process as Week 1, applied to a wider set of Markets.
- Open Orvex on Robinhood Chain.
- Choose a Genesis Market that fits your strategy.
- Provide concentrated liquidity and keep your position active and in range.
- Track your Genesis Points and Credentials as the campaign develops.
Liquidity Points accrue while eligible V4 liquidity is active and in range. Your share depends on your eligible capital-time relative to the other liquidity in that Market. Trading, market conditions, and concentrated-liquidity positions all carry risk, and Genesis rewards remain subject to the published GP caps and payout routes.
Build the market
Week 1 opened eight routes and took Orvex from a standing start to $3.42M in weekly volume. Week 2 opens four more, rebalances the rest, and gives long-standing Catex, Ocelex, and Lynex members a way to carry their history into Orvex — and it does all of that in six days. None of that changes the goal: build markets deep enough that Robinhood Chain's RWA economy can rely on them.
Explore the Genesis Markets, provide liquidity where you have conviction, and help build the first RWA-native market layer on Robinhood Chain.
Build the market. Earn your rank. Own the protocol.