# Fables

*Uniswap v4 hook DEX on Robinhood Chain aimed at tokenized-stock liquidity with dynamic fees.*

Fables is a live AMM that uses Uniswap v4 hooks so fees can reprice with flow — a design aimed at 24/7 tokenized stocks that gap versus TradFi hours. Official posts point at the app, ETH/USDG and stock pools, and a points program. Independent X research treats $PROLOGUE as pre-TGE exposure; TGE timing and stock-pool depth remain gaps.

## At a glance

- **Type:** defi
- **Category:** dex
- **Status:** mainnet
- **Website:** https://www.fables.fi/

## The take

### Best for
- LPs who want dynamic fees instead of static Uniswap tiers
- Spot liquidity on tokenized stocks and ETH/USDG

### Watch out
- Team modeling of yield vs static pools is not an independent benchmark
- Meaningful activity may still concentrate in ETH/USDG rather than stock pools
- Pre-TGE token structure is a separate, speculative claim

## Key facts

- **What it is:** Uniswap v4 hook DEX on Robinhood Chain focused on tokenized-stock and RWA liquidity, with dynamic fees and a points program. Independent X research describes live ETH/USDG and stock pools and a $PROLOGUE pre-TGE token; official posts confirm the app, LP rewards, and Robinhood positioning. _(confidence 50%)_
- **X:** @fablesfi _(confidence 60%)_
- **Website:** https://www.fables.fi/ _(confidence 40%)_
- **Status (as captured):** live _(confidence 45%)_

## Key features

- **Dynamic fees** _(confidence 50%)_: Official pool spotlight: fee repriced 150+ times in 24h on ETH/USDG.
- **Stock markets** _(confidence 45%)_: Third-party research lists SPY, GLD, META, NVDA, AAPL, TSLA among live markets.
- **App + points** _(confidence 55%)_: Official: rewards claimable on https://www.fables.fi/

## Key influencers & builders (X)

- [fablesfi (@fablesfi)](https://x.com/fablesfi) · *Project account*
- [0xcs361 (@0xcs361)](https://x.com/0xcs361) · *Fables founder (per X research)* — Named as Fables founder in @stitchdegen research; ETHGlobal New York 2026 mention.
- [0xlayans (@0xlayans)](https://x.com/0xlayans) · *Project account*
- [Stitch (@stitchdegen)](https://x.com/stitchdegen) · *Meme / product researcher* — Long-form X research on Fables/PROLOGUE, legs.fun, and stock-paired memes (peptides-3).

## Related entities

- [Uniswap](https://hoodl2.com/entity/uniswap) — integrates
- [Robinhood Chain](https://hoodl2.com/entity/robinhood-chain) — builds on

## Sources

1. [Over $300k in TVL. People want to ape stocks on-chain. fables × uniswap × robinhood](https://x.com/fablesfi/status/2092256562077147422) — @fablesfi
2. [Week 1 rewards are now claimable on the Fables app. Week 2 is live: 3,000 USDG are up for grabs. https://www.fables.fi/](https://x.com/fablesfi/status/2094445690877329785) — @fablesfi
3. [Pool Spotlight: ETH/USDG. The most LP-efficient ETH pool on Robinhood Chain. After just 3 days.](https://x.com/fablesfi/status/2093061216662901202) — @fablesfi
4. [Fables is building a DEX on Robinhood Chain using Uniswap v4 hooks, with a focus on tokenized stocks/RWAs. Product already live: ETH/USDG, S](https://x.com/stitchdegen/status/2093785111166914779) — @stitchdegen
5. [DefiLlama - Fables TVL and Statistics](https://defillama.com/protocol/fables) — defillama.com
6. [Fables - Hook-Native ve(3,3) DEX on Uniswap v4](https://www.fables.fi/) — fables.fi

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Last reviewed: 4 Sept 2026  
Canonical: https://hoodl2.com/entity/fables  
Source: HoodL2 (https://hoodl2.com) — an independent, sourced reference for the Robinhood Chain ecosystem. Not affiliated with Robinhood Markets or its subsidiaries.