SLV float$1,366,712
On chain$59.86
NYSE close$59.82
Premium+0.07%
Volume 24h$10.1M
Turnover7.4x
Liquidity$810K
HUNTBROS

Two brothers tried this in 1980

Buy all
the silver.

The entire SLV float on this chain is $1.46M. HUNTBROS is priced in it.

Buy HUNTBROS See the float
Two brothers behind a stack of silver bars

The cast

The bros

The same pair, in the two registers the chain actually reads: comic book, and imageboard black and white.

The brothers in front of a silver pyramid
The vault
The brothers, 1-bit
The brothers
A brother holding a silver bar
One bar
Hoarding the bars
Mine
The brothers inside the vault
Deeper in
The pair, crude
Crude
The brothers, close
Close up
The mark: two brothers struck as a coin the coin is the mark. the rest were the runners up.

The float

This is all of it

$1,366,712 22,847 SLV at $59.82

That is not a project's market cap. That is every SLV token in existence on Robinhood chain, priced at the last New York close.

$810KRoutable liquidity
$10.1MTraded in 24h
7.4xFloat turnover per day
SLV on Robinhood chain, hourly close, last 72 hours. Read from the SLV/USDG book. The hairline is the last New York close, so the gap is the premium.

The mechanic

No silver, no entry

HUNTBROS is not quoted in ETH. It is quoted in SLV, the tokenised iShares Silver Trust on this chain. That one choice is the whole design.

01

Silver is the toll

The pool only accepts SLV. To buy HUNTBROS you go and buy SLV, then bring it. There is no route that skips the silver.

02

The float is a rounding error

All the SLV on this chain sits on roughly $810K of routable liquidity. It does not take a fortune to move that book.

03

It never closes

Tokenised stocks here trade around the clock. No bell, no weekend. The silver bid does not go home on a Friday, and neither does this.

ETH / USDG what you arrive with SLV $1.37M float, whole chain the only way through HUNTBROS what you came for no direct route
The pool is quoted in SLV, so demand for HUNTBROS lands on the silver book first.

1980

They almost had it

Nelson and Herbert Hunt

What they held
Around 100 million ounces, close to a third of the world's deliverable silver
What it cost
Billions, and eventually the family fortune
Who could add supply
Miners and scrap, over months
How it ended
Silver Thursday, 27 March 1980. Silver fell from $21 to $10.80 in a session.

Robinhood chain, tonight

What is out there
$1.46M, the entire on-chain SLV float
What it costs
Whatever the book asks. It is thinner than one apartment.
Who could add supply
Authorised participants, on demand. Supply answers a real bid.
How it ends
Unwritten. Read the row above again.
$0$10$20$30$40$501979Jul1980Jun $49.45 18 Jan 1980 $10.80 Silver Thursday $6.08
Silver, London fix. Plotted from documented waypoints, not a continuous series: $6.08 on 1 January 1979, $20 to $25 through December 1979, a $49.45 record on 18 January 1980, then $21.62 to $10.80 in the single session of 27 March 1980.
The Hunt brothers

So they changed the rules

By January 1980 the Hunts had silver at $49.45 and the shorts could not deliver. So the exchange rewrote the game mid-hand. Silver Rule 7 put the market into liquidation orders only and raised margin until the corner could not be financed.

On 27 March 1980 silver fell by half in a session. The brothers got a margin call for roughly $100 million, could not meet it, and nearly took their broker down with them.

They were right about the float. They were wrong about who wrote the rules.

Contract

Get in

Buy SLV. Bring it here. That is the whole process.

HUNTBROS

Not deployed yet
Trade

SLV, the pair token. Buy this first.

0x411efb0e7f985935daec3d4c3ebaea0d0ad7d89f
SLV chart