The Arbitrum-based network saw $3.1 billion in trading volume over seven days, driven largely by memecoin activity.
Robinhood Chain, an Ethereum Layer 2 network built with Arbitrum technology, recorded $3.1 billion in decentralized exchange trading volume over a seven-day period. The platform also held $300 million in stablecoins and $13 million in Stock Tokens, which offer economic exposure to equities without direct ownership rights.
Launched in July 2026, the network targets tokenized real-world assets, DeFi, and AI applications but remains in early stages for RWA adoption. Most trading activity stemmed from memecoin speculation, while infrastructure centralization and regulatory risks persist.
The chain maintains EVM compatibility and uses an ETH-based gas model, with wallet access and bridging processes designed for retail users.