Governance
Holders vote on which fund Thermal tracks next, weighted by balance.
Live from Robinhood Chain
See where the money runs hot.
Every stock token heats up when whales buy it and cools down when they sell. Thermal reads the chain in real time and paints the flow, so you see where the money is going before the crowd does.
Zone 01 · Heat map
Warming up…
- Net whale flow
- —
- Hottest
- —
- Coldest
- —
Reading the chain…
Net selling
Net buying
◆ insider bought in the last 30 days
Running hot
- Warming up…
Running cold
- Warming up…
Zone 02 · Whale wire
Every print over $10K
Each tile above is built from these trades: wallets buying from pools or selling into them, read straight from the chain.
Reading the chain…
A buy is a pool paying out to a wallet; a sell is a wallet paying into a pool. Sizes use live Chainlink prices where available, otherwise the last filing price. Flippers bought and sold the same token in this window and are left out of the heat.
Zone 03 · Insider heat
CEOs buying their own stock
Checking Wall Street…
- Stock token volume, first 100 days
- $15B
- Stock token holders
- ~200K
- In DeFi on the chain
- ~$1.1B
- Days since mainnet
- —
Market figures: Robinhood and Morpho via Crypto Briefing, October 2026.
Zone 04 · Your wallet
Whose bag are you holding?
Paste any wallet and see which fund it trades like. Read-only, nothing to sign.
Zone 05 · Fund books
Where the big funds sit
Zone 06 · Fund moves
What the funds just did
Changes versus the previous quarter, limited to stocks that exist as tokens.
Zone 07 · Token
$THERMAL
Buyback
Our share of trading fees on Pons is set to buy $THERMAL off the market.
Heat alerts
Holders get pinged in Telegram when a token turns hot or an insider buys.
Heat history
Replay the map over a day or a week and see where money flowed.
Bought-back tokens are held in the Pons buyback vault, which releases them over five years; they are not burned. Phase 2 features are not live and may change. The token gives no claim on any asset or revenue.
Zone 08 · Vote
Who do we track next?
Zone 09 · Roadmap
Turning up the heat
- Phase 1 · Live
Read
Live heat map and whale wire from Robinhood Chain · insider buys from Form 4 · fund books from 13F · wallet score · $THERMAL launch and vote
- Phase 2 · Next
Alert
Telegram heat alerts for holders · heat history replay · earnings calendar for every stock token
- Phase 3 · Later
Act
Buy the hottest names in one transaction · AI that reads 8-K filings · fees routed to buyback
Zone 10 · Questions
What makes a tile hot?
Net buying. Every wallet buy over $2K adds heat and every sell removes it; the more money flows in, the hotter the tile, and net selling turns it blue. The whale wire below lists the bigger prints, over $10K.
What does the ◆ mean?
An executive or director of that company bought shares on the open market in the last 30 days, according to SEC Form 4 filings. A hot tile with a ◆ means whales and insiders are buying the same name.
Are the whales real people?
Sometimes. Some are traders, some are bots and market makers. Wallets that buy and sell the same token in a short window are marked as flippers and left out of the heat.
Do I need $THERMAL to use it?
No. The map is free and stays free. Holding $THERMAL gives you a vote on what we track next, and later alerts and heat history.
Who can buy stock tokens?
Stock tokens are issued by Robinhood Assets (Jersey) Limited and are not available to US persons or in several other jurisdictions, including the UK and Canada.
Is this investment advice?
No. Hot does not mean up. Whales and insiders are often early or wrong; Thermal shows the flow, what you do with it is up to you.