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Fables has not confirmed an airdrop. Its documentation says points are intended to count toward a possible future token distribution, subject to separate final terms.
Key Parameters:
LPs also receive weekly USDG rewards, funded by creator fees from the $PROLOGUE token and distributed through October 5 based on swap fees earned. Referrers get an extra 10% of the LP points their invitees earn, paid from the separate referral reserve, so invitees keep their full amount.
Fables is a decentralized exchange on Robinhood Chain built with Uniswap v4 hooks. It runs pair-specific markets for tokenized stocks, ETFs, and crypto, such as SPY/USDG, GLD/USDG, TSLA/USDG, and ETH/USDG. The Fables airdrop is tied to a points program for liquidity providers, and the planned token is $FABLES.
Fees on Fables are dynamic. Each market sets its swap fee based on risk, so LPs earn more when conditions are riskier, including around US market closures for tokenized stocks.
Robinhood Wallet supports the chain by default (see our Robinhood Chain guide for setup basics). For MetaMask, Rabby, or another EVM wallet, add Robinhood Chain manually (chain ID 4663, ETH for gas).
You need ETH for gas and either ETH or USDG to provide liquidity. Buy ETH on Bybit and withdraw it to your wallet, then move it onto Robinhood Chain or swap into USDG with the bridge widget below.
Open Fables and connect your wallet. Using this link applies a referral, which does not reduce your own points.
Go to the deposit section and choose an eligible market:
ETH/USDG: crypto pair with round-the-clock trading SPY/USDG: tokenized S&P 500 ETF GLD/USDG: tokenized gold ETF TSLA/USDG: tokenized Tesla stock Pick a price range, enter your ETH or USDG amount, and confirm the transaction. Other supported tokens work too.
Positions earn swap fees, and therefore points, only while the price sits inside your range. Check your position regularly and adjust the range when the price moves out.
Open the rewards panel on Fables each week and claim your USDG. Rewards are based on the swap fees your positions earned that week.
Once your position is worth at least $100, connect your X account on the Points Board to generate a referral link. You earn 10% of the LP points each invited user earns.