Don't trust the demo.
Every claim in Venue0 points at a Robinhood Chain transaction or a frozen campaign file. Here they are, including where Venue0 doesn't help.
Live mainnet proof
Robinhood Chain 4663 · operator proof wallets3-wallet Stock Token cycleNVDA, AAPL and SPY moved A → C → B → A in one atomic settlement. ReceiptVerified0xfdd1…3035 ↗ (opens on Blockscout)
Uniswap residual0.002547 NVDA → 0.001658 AAPL, CLASSIC, Universal Router 2.1.1Verified0xaec4…84db ↗ (opens on Blockscout)
Flash limit orderFilled. Boundary economics: fee 13.6% of a $1.20 residual; the current engine would aggregate it. DetailsFilled0xa30e…5fc6 ↗ (opens on Blockscout)
Dynamic agent roundA portfolio agent on a Dynamic server wallet (agent-owned MPC) signed its intent, plan approval and allowance, then settled.Verified0x0f85…1873 ↗ (opens on Blockscout)
Settlement contract0x9cf87131…78e86a3dVerifiedBlockscout ↗ (opens on Blockscout)
Deployed app
Operator-controlled test accounts through the public appP1: three-way cycle through the public appVerifier 14/14. Executed via robinhood-mainnet.g.alchemy.com, verified via robinhood-mainnet.g.alchemy.com. Same provider, so not an independent check.Verified0x45c0…ec35 ↗ (opens on Blockscout)
P2: three-way cycle through the public appVerifier 14/14. Executed via robinhood-mainnet.g.alchemy.com, verified via robinhood-mainnet.g.alchemy.com. Same provider, so not an independent check.Verified0x17b0…6b1e ↗ (opens on Blockscout)
P3: three-way cycle through the public appVerifier 14/14. Executed via robinhood-mainnet.g.alchemy.com, verified via robinhood-mainnet.core.chainstack.com. Independent providers.Verified0xd8d9…edd3 ↗ (opens on Blockscout)
Campaign
Synthetic portfolios, not users400 frozen scenarios, 4 arms
Seed, generator, cost curves and metrics were committed before the run. Each arm saw identical intents, prices and quoted costs. Reference parity 400/400; matcher latency p50 1 ms, p95 2 ms.
| Arm | Crossed (pooled) | Median | External orders |
|---|---|---|---|
| Pairwise only (optimal) | 8.1% | 8.8% | 8,778 |
| Market only | 0.0% | 0.0% | 11,865 |
| Venue0 crossing | 10.2% | 13.5% | 8,093 |
| Venue0 + residual engine | 10.2% | 13.5% | 7,328 |
By cohort
constructed-positive cohorts are not typical behaviour| Cohort | Nature | Pairwise only | Venue0 | Relative uplift | Zero-cross |
|---|---|---|---|---|---|
| concentrated tech | natural/randomized | 14.2% | 15.9% | +12.1% | 3/40 |
| external route stress | stress/control | 23.8% | 31.5% | +32.1% | 1/40 |
| high complementarity | constructed-positive | 9.9% | 19.7% | +99.5% | 0/40 |
| index rebalance | natural/randomized | 48.3% | 51.7% | +7.0% | 0/40 |
| low complementarity | stress/control | 7.5% | 8.3% | +9.8% | 21/40 |
| partial match | constructed-positive | 7.6% | 14.8% | +95.8% | 0/40 |
| random independent | natural/randomized | 19.8% | 25.2% | +27.5% | 4/40 |
| size skew | natural/randomized | 2.1% | 2.7% | +32.7% | 0/40 |
| theme circle | natural/randomized | 34.4% | 43.3% | +25.9% | 0/40 |
| zero overlap | stress/control | 0.0% | 0.0% | n/a | 40/40 |
Where Venue0 doesn't help
- Below ~10% complementarity, crossing is ~2.4% (129 scenarios).
- Rounds of 2–3 participants gain little: 1.9% and 3.3% crossed.
- One-directional flows often cross nothing: 21 of 40 low-complementarity scenarios crossed zero.
- A large participant in a small crowd crossed only 2.7% of requested notional.
- Template-like rebalances are already captured well by pairwise matching: 48.3% pairwise vs 51.7% Venue0.
- In absolute terms multi-party matching added about 2.1 points of requested notional overall (the 26.3% figure is relative to the pairwise optimum).