Proof of reserves
Every wrapped token is intended to stay 1:1 backed by collateral locked on Ethereum. The Proof of Reserves view compares locked underlying balances to minted wrapped supply.
What is checked on chain
- Locked collateral in the Ethereum adapter vault for each asset
- Total wrapped token supply on Robinhood Chain
- Active status from the asset registry
Pyth pricing
USD values in the reserves panel use Pyth Network price feeds through the Hermes API on the client and through the Supabase volume indexer for aggregate TVL when configured. Pyth is used for pricing and display. It is not the cross chain bridge oracle.
Where to view it
Open the Wrap page and switch to the Proof of Reserves tab. The panel reads live contract state when the asset registry is configured and falls back gracefully when indexer data is still syncing.