Live on Robinhood Chain Β· Paired with $COST

Still $1.50. Still all beef.
The Costco hot dog, now on-chain.

CA 0x45443A4a7b58ab26A4B4D72616cf36D5aAE7188C
The $HOTDOG mascot, a cartoon hot dog with white gloves, floating above the clouds over a night-time city, stars behind him.

The thesis

One of these is being run responsibly.

Since 1985 the United States has borrowed roughly another $38 trillion. Over the same forty-one years, the Costco food court has raised the price of a hot dog and a soda by exactly $0.00.

… hot dogs the national debt would buy, at $1.50 each
… of federal debt per American, about … hot dogs each
… what $1.50 from 1985 is worth today. The hot dog didn't get the memo.
… years of Costco selling combos at its record pace (245 million a year) to cover the debt

Growth since 1985, indexed

1985 = 100. U.S. total public debt outstanding vs. the Costco hot dog + soda combo.

  • National debt
  • Hot dog + soda
View the data as a table
U.S. total public debt outstanding at fiscal year-end (trillions of USD) vs. Costco hot dog + soda price, 1985 to 2026.
YearNational debt ($T)Debt index (1985 = 100)Hot dog + soda

The lore

He's been to space. He's run the city. He has never raised his price.

In 1985, Costco put a hot dog and a soda on the menu for $1.50. The Cold War ended. The internet happened. Three recessions, one pandemic and roughly thirty-eight trillion dollars of new federal debt later, it still costs $1.50. It is, by some distance, the most stable thing in America. $HOTDOG is the token for people who noticed.

The $HOTDOG mascot at the controls of a red-and-blue spaceship, the Moon visible through a porthole. A screen reads: Costco's $HOTDOG, destination: the Moon.
Destination: the Moon. Crew of one. Cargo: relish.
The $HOTDOG mascot in a black suit, hands clasped behind his back, looking out of a corner office at a rainy city skyline glowing green.
Run responsibly. Forty trillion outside the window. $1.50 inside.
Three $HOTDOG mascots in yellow hard hats building a skyscraper out of hot dog buns, squeezing a bottle labelled Ketchup Mortar.
Built different. Bun by bun. Ketchup mortar.

On the record

Forty-one years of Costco executives being asked the same question.

  1. 2009
    β€œThat I'm dead.”

    Jim Sinegal, co-founder, asked what it would mean if the price ever went up

  2. 2018
    β€œIf you raise the effing hot dog, I will kill you. Figure it out.”

    Jim Sinegal to CEO Craig Jelinek, as Jelinek tells it

  3. 2022
    β€œHold the price on the hot dog and the soda a little longer, forever.”

    Richard Galanti, CFO, on an earnings call

  4. 2024
    β€œThe $1.50 hot dog price is safe.”

    Gary Millerchip, CFO, on his first earnings call

  5. 2026
    β€œThe hot dog price will not change as long as I'm around.”

    Ron Vachris, CEO

How to buy

Four steps. No membership card required.

$HOTDOG trades on Robinhood Chain, Robinhood's Ethereum Layer 2, live since July 2026. If you've used any EVM wallet before, you already know how this goes.

CA 0x45443A4a7b58ab26A4B4D72616cf36D5aAE7188C

Only ever trade the contract address shown on this page and on @HOTDOGonRH. Anything else is a different sausage.

  1. Get a wallet that knows Robinhood Chain

    Robinhood Wallet has it built in. MetaMask, Rabby and Trust Wallet work too: add the network in one click (chain ID 4663; gas is paid in ETH).

  2. Get ETH onto Robinhood Chain

    In the Robinhood app, send ETH to your wallet and choose the Robinhood Chain network. Or bridge from Ethereum, Arbitrum or Base. Relay and Across take seconds; the canonical Arbitrum bridge takes about ten minutes. Keep a little ETH for gas.

  3. Open Uniswap and paste the contract

    $HOTDOG lives in a Uniswap v3 pool on Robinhood Chain. Paste the contract address as the token you're buying (never search by name) and check it matches this page character for character.

  4. Swap into $HOTDOG

    The pool is $HOTDOG / COST (yes, tokenized Costco stock) and Uniswap routes from ETH through COST for you. Set a sensible slippage, confirm in your wallet, and you're in. Then hold it like Costco holds the price.

The facts

Everything on the receipt.

Fixed supply. No owner. No transfer tax. Liquidity locked forever. And it's paired with COST, Robinhood's tokenized Costco stock. Yes, really. Itemised below, the way Costco would do it.

$HOTDOG
ROBINHOOD CHAIN  Β·  WHSE #1985
MEMBER: EVERYONE
TICKER
$HOTDOG
NETWORK
ROBINHOOD CHAIN
STANDARD
ERC-20
LAUNCHED
…
DEX
…
PAIR
…
TOTAL SUPPLY
…
TRANSFER TAX
…
LP STATUS
…
CONTRACT OWNER
…
HOT DOG + SODA
$1.50
PRICE CHANGE SINCE 1985 $0.00
CONTRACT ADDRESS 0x45443A4a7b58ab26A4B4D72616cf36D5aAE7188C

*** THANK YOU. RUN RESPONSIBLY ***

The community

Join the cookout.

Memes, market updates and the occasional reminder that the price of a hot dog has not moved. The food court is open.