#robinhoodchain

🚀 Robinhood Chain has surpassed $1 billion in decentralized exchange volume just one week after its launch.

Built using Arbitrum Orbit technology, the network recorded over $540 million in trading volume on July 8 and another $350 million the following day. Stablecoin liquidity also exceeded $260 million during its first week.

The rapid growth has benefited the wider Arbitrum ecosystem. Under the revenue-sharing agreement, 10% of Robinhood Chain’s net protocol revenue will be returned to Arbitrum, including 8% for the DAO treasury and 2% for the Developer Guild.

ARB reacted strongly, rising nearly 20% in 24 hours and outperforming Bitcoin and Ethereum.

Robinhood Chain is an Ethereum Layer-2 blockchain built using Arbitrum technology and developed by Robinhood.

Its primary objective is to combine traditional financial markets with decentralized finance through tokenized assets.

Main features include:

• Tokenized stocks available for 24/7 trading

• Real-world asset (RWA) infrastructure

• Full EVM compatibility

• Low-cost Ethereum transactions

• Native DeFi ecosystem from launch

Integrated ecosystem

The network launched with support from major DeFi protocols, including:

• Uniswap

• Chainlink

• Curve Finance

• Morpho

• 1inch

• Lighter

• Arcus

• Rialto

Robinhood also introduced Robinhood Earn, allowing users to generate yield on USDG through DeFi infrastructure.

With more than 20 million existing Robinhood users, the blockchain has a significant distribution advantage over most newly launched networks.

Although early attention has largely been driven by memecoins, Robinhood’s long-term strategy is centered on tokenized stocks, real-world assets and institutional blockchain finance.

Robinhood Chain has rapidly become one of the crypto market’s most closely watched Layer-2 networks less than a week after launch.

Current ecosystem statistics:

• $341.87 million in total network assets • $204.92 million TVL • $260.3 million stablecoin market cap • $477 million+ cumulative DEX trading volume • 5 million+ completed transactions

Uniswap currently dominates the ecosystem, processing the majority of liquidity and trading activity after integrating v2, v3, v4 and UniswapX from day one.

The biggest catalyst has been the memecoin sector.

CASHCAT surged more than 1,500%, briefly pushing its market capitalization above $140 million. The token gained additional attention after Robinhood CEO Vlad Tenev acknowledged memecoins on the network and followed a related X account, fueling speculation within the community.

Several other tokens, including KITSU, DIH, HOODRAT and STONKS, also experienced sharp rallies as traders searched for early opportunities.