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Case studyRobinhood Chain·

8 Robinhood Chain coins bundled at launch

On Robinhood Chain a bundle does not hide in a block. It hides in the funding: one transaction pays many fresh-looking wallets minutes or seconds before the coin exists, and those wallets buy most of the supply in the first seconds. In 6 of the 7 coins funded this way, the same transaction also paid the coin’s creator.

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The addresses

Coin

$CRUMBS

0x80baa4b3bfac6f4978700df824b1b3d98e889136

Created 2026-09-08 23:57:56 UTC · Pons launchpad

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Coin

$DRAFT

0xfe51aaf6af1ec2eb9286e0bdc3c9dc39240cb8f5

Created 2026-09-10 23:45:04 UTC · Pons launchpad

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Coin

$VORTA

0xcb77210e1a8caac7684021b31410cbee89668018

Created 2026-10-10 05:15:35 UTC · no launchpad (deployed directly, trading opened at once)

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Coin

$DARK

0xdc45b71d7203c2e8baafc43a19bca0eb993bb54e

Created 2026-09-16 18:08:09 UTC · Pons launchpad

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Coin

$QI

0xb862389bf1ad271c70edbc2249bf1b0a6cd8783b

Created 2026-10-09 11:51:15 UTC · no launchpad (deployed directly, trading opened at once)

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Coin

$WORM

0x3ba500f1ababbcf0f0247d06d1c56fd7e6c4c09d

Created 2026-09-08 18:56:18 UTC · Pons launchpad

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Coin

$PRIORS

0xedbf91223639800bcd5756815caf908df3b890be

Created 2026-09-19 19:15:45 UTC · Pons launchpad

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Coin

$BZZ

0xb356b45e6c9243eb81893d72059fb22c9977a0ba

Created 2026-09-08 14:17:00 UTC · Pons launchpad

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What the data shows

One transaction paid the first buyers before the coin existed

In 7 of the 8 coins, one transaction sent ETH to many wallets shortly before launch, and those wallets were among the first buyers. $CRUMBS: one transaction paid 49 wallets 85 minutes before launch; 15 of them were among the first 36 buyers and got 83% of supply. $VORTA: one transaction paid 24 wallets one second before the coin was created; 20 of them bought 93.3% of supply. Strangers do not get paid by the same transaction right before a launch they then buy into together.

In 6 of 7, the same transaction also paid the creator

The wallet that created the coin was one of the recipients of that same funding transaction for $CRUMBS, $DRAFT, $VORTA, $DARK, $QI and $WORM. That links the creator and the first buyers in a single on-chain transaction. Only $BZZ was funded without the creator in the batch.

Or the creation transaction handed the tokens out itself

$PRIORS was not funded in advance. The transaction that created it also delivered 38.6% of supply to 32 other wallets. Whoever created the coin paid for those tokens.

The batches were bigger than what we counted

We trace the 20 biggest early wallets of each coin, so our counts are a floor. The funding batches themselves were larger: 49 wallets for $CRUMBS, 48 for $DRAFT, 50 for $WORM, 46 for $DARK.

By the time people looked, they had sold

When we recorded these launches on 2026-10-28, the linked wallets we traced held 0% of supply in 7 of the 8 coins, and 0.69% in $DARK. A tool that only shows today’s holders sees nothing wrong.

A fast start is not proof

Lots of buying in the first seconds happens on clean coins too. $HARMONIC had 43.4% of supply bought by 21 wallets in its first ~3 seconds, and those buyers were funded by 20 different wallets: no bundle. $BZZ had only 27.9% bought that fast and was bundled. The funding decides, not the speed.

How to check any coin yourself in 30 seconds

1. Open the coin on the Robinhood Chain explorer and look at its first trades. 2. Open one of the biggest early buyers and find the last ETH it received before the launch time. 3. Open that transaction. If it paid many wallets at once (a multisend or batch call), check whether other early buyers, or the creator, are in the same list. Or paste the coin into the unbundle Bundle Check, which does these steps for the 20 biggest early wallets and links every transaction.

The funding transactions

Re-read from Robinhood Chain on 2026-10-29: every transaction succeeded, and times are block times. ETH totals include every recipient in the batch.

$CRUMBS · 85 min before launch16.18 ETH to 49 wallets, including the creator, through a public multisend contract (GasliteDrop airdropETH) · signed by 0x9617…3914 · 2026-09-08 22:32:54 UTC
$DRAFT · 26 min before launch12.00 ETH to 48 wallets, including the creator, through a public multisend contract (GasliteDrop airdropETH) · signed by 0x9287…be11 · 2026-09-10 23:19:09 UTC
$VORTA · 1 seconds before launch19.24 ETH to 24 wallets, including the creator, through a swap router used as a batch payer (UniversalRouter execute) · signed by 0x2adf…0235 · 2026-10-10 05:15:34 UTC
$DARK · 47 seconds before launch4.78 ETH to 46 wallets, including the creator, through a public multisend contract (GasliteDrop airdropETH) · signed by 0x32ff…457a · 2026-09-16 18:07:22 UTC
$QI · 2 seconds before launch12.81 ETH to 11 wallets, including the creator, through a swap router used as a batch payer (UniversalRouter execute) · signed by 0xa908…9353 · 2026-10-09 11:51:13 UTC
$WORM · 38 min before launch5.15 ETH to 50 wallets, including the creator, through a public multisend contract (GasliteDrop airdropETH) · signed by 0x626e…dd16 · 2026-09-08 18:18:23 UTC
$BZZ · 60 seconds before launch0.57 ETH to 8 wallets, through a public multisend contract (GasliteDrop airdropETH) · signed by 0xad32…092d · 2026-09-08 14:16:00 UTC

The creation transactions

$PRIORS’ creation transaction is also the evidence for its 32-wallet split.

$CRUMBS created2026-09-08 23:57:56 UTC · block 58100490 · signed by the creator 0x0060…8fe4
$DRAFT created2026-09-10 23:45:04 UTC · block 59806004 · signed by the creator 0x02b2…b6b7
$VORTA created2026-10-10 05:15:35 UTC · block 84745719 · signed by the creator 0x2763…e574
$DARK created2026-09-16 18:08:09 UTC · block 64710959 · signed by the creator 0x5d93…69e6
$QI created2026-10-09 11:51:15 UTC · block 84134522 · signed by the creator 0x8483…f23c
$WORM created2026-09-08 18:56:18 UTC · block 57921071 · signed by the creator 0x6e1a…8cc5
$PRIORS created2026-09-19 19:15:45 UTC · block 67325240 · signed by the creator 0x767d…5caa
$BZZ created2026-09-08 14:17:00 UTC · block 57754952 · signed by the creator 0x5e56…d4fd

All 8 at a glance

First buyers = wallets that got tokens in the first ~3 seconds (30 blocks). Share = what the linked first buyers got at launch.

CoinLinked first buyersShare at launchHow they were linkedCreator paid too
$VORTA20 of the first 2493.3%one transaction paid 24 wallets, 1 seconds before launchyes (same transaction)
$CRUMBS15 of the first 3683.0%one transaction paid 49 wallets, 85 min before launchyes (same transaction)
$DRAFT15 of the first 3481.0%one transaction paid 48 wallets, 26 min before launchyes (same transaction)
$DARK14 of the first 2765.9%one transaction paid 46 wallets, 47 seconds before launchyes (same transaction)
$QI10 of the first 1051.5%one transaction paid 11 wallets, 2 seconds before launchyes (same transaction)
$WORM19 of the first 6050.5%one transaction paid 50 wallets, 38 min before launchyes (same transaction)
$PRIORS32 of the first 3238.6%creation transaction handed tokens to 32 walletsit is the creator’s own transaction
$BZZ8 of the first 1423.0%one transaction paid 8 wallets, 60 seconds before launchno

Funding links come from the 20 biggest early wallets we trace per coin, so those counts are a minimum. $PRIORS’ 32 wallets are read in full from its creation transaction. On a phone, swipe the table sideways for the last two columns.

Limitations

  • •This shows coordination at launch, not who controls the wallets. On-chain data cannot establish identity, and being paid by the same transaction is evidence, not proof of one owner.
  • •The 8 coins use 8 different creators and 8 different funding signers. Nothing here links the coins to each other; $QI and $VORTA follow the same playbook (one batch through a swap router, 0.01 ETH to the creator and most buyers, one large amount to a single buyer, seconds before launch), which is a pattern, not a shared wallet.
  • •Several coins were first pointed out in public on-chain threads; we only kept what we re-read from the chain ourselves, and ran the same check on clean coins as controls.
  • •Holdings were recorded on 2026-10-28 for the linked wallets we traced and change over time.
  • •Nothing here is a legal conclusion or an accusation of unlawful activity.

Check it yourself

Open each funding transaction on the Robinhood Chain explorer and check its recipients against the coin’s first buyers, and its time against the creation transaction. Paste any of the coins into the unbundle Bundle Check to see the same evidence. If something does not match the chain, tell us and we will correct it.

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