How it works

A market that never closes, shown without making anything up.

NeverClose watches stock tokens — tokenized shares — trading on Robinhood Chain. Wall Street goes dark every evening; these tokens keep changing hands through the night, the weekend, and every time zone in between. This page explains what you’re looking at, and just as importantly, what we refuse to invent.

01

Where the data comes from

Every stock token on Robinhood Chain is a smart contract — 195 of them are active, listed in Robinhood’s official Stock Token registry. When someone swaps one on a decentralised exchange, the swap is a public transaction on the chain. NeverClose reads those transactions straight from the chain’s public node and turns them into the globe, the live feed and the per-token heatmaps.

What counts as a trade. A stock token moving in or out of a Uniswap v4 or Uniswap v3–style pool in a transaction that swaps. If the token left the pool, it was bought; if it went in, it was sold. When a token is only routed through — bought and sold back inside the same transaction, as in multi-hop swaps and arbitrage loops — it isn’t counted as a trade.

What doesn’t. Wallet-to-wallet transfers, minting and burning, and transfers on venues we can’t verify yet. We leave those out rather than guess.

Dollar amounts are an estimate: the quantity traded times Robinhood’s token mid price when we read the trade. Counts and volumes cover what our collector has actually watched — until it has seen a full day, they say “since HH:MM” instead of “24h”, and hours it didn’t watch are marked as not collected.

02

What is real on the globe

Two things on the globe are real already, because they don’t depend on any data feed — only on the clock of the device you’re using.

The day/night line. We compute where the sun is directly overhead right now, using standard astronomical formulas, and shade the globe from that point. The warm band is the terminator: dusk on one edge, dawn on the other.

Exchange hours. The three markers are the reference exchanges of the classic “follow the sun” trading day. Their open or closed badge comes from their regular hours:

Regular sessionsLocal time · Mon–Fri

Tokyo

Tokyo Stock Exchange

09:00–11:30 · 12:30–15:30 JST

London

London Stock Exchange

08:00–16:30 UK time

New York

New York Stock Exchange

09:30–16:00 ET

Your clock right now

Public holidays and half-days aren’t accounted for yet, so on those days a badge can say “Open” while the exchange is shut.

03

Why trades have no location

An onchain transaction tells you what was traded and when. It doesn’t tell you where the person was. Any map that pins trades to cities is guessing — and a guess drawn on a globe looks exactly like a fact.

So we never place a trade on the map. Instead, each trade goes on the 24-hour UTC dial around the globe, at the minute it happened, and is tagged with the exchange session that was open at that time — Tokyo, London, New York, or off-hours. It’s a statement about the clock, not about the trader.

A trade tagged “Tokyo” means it happened while the Tokyo Stock Exchange was open. It doesn’t mean it came from Japan.

04

Why there are no scores

No hotness scores, no sentiment gauges, no leaderboards of “top traders”. Those numbers would need a formula we’d have to invent, and they’d look more authoritative than they are. NeverClose shows counts, volumes and times — things you could check yourself on the chain.

When a token hasn’t traded, we say so. Its page reads “No trades detected” and leaves the heatmap empty rather than padding it.

What’s real on this preview

Day / night line on the globe

Computed from the sun’s position at this moment

Real

Exchange open / closed status

Regular hours, in each exchange’s time zone

Real

Session a trade belongs to

Derived from the trade’s UTC time only

Real rule

Trades, counts, direction

Uniswap v3/v4 swaps of the 195 Robinhood stock tokens, read from Robinhood Chain

Real

USD values and volumes

Quantity × Robinhood’s token mid price at the moment we read the trade

Estimate