DeFiLlama Data shows that the trading volume of Robinhood Chain on decentralized exchanges in the past 24 hours has risen to 1.595 billion US dollars, a 61% increase from 989 million US dollars on August 28. Ethereum Layer 2, which is technically supported by Arbitrum, continues to see increased activity on the chain two months after its launch.
Multiple on-chain indicators have risen simultaneously.
As of September 1st, the total locked-up value of DeFi for Robinhood Chain was 738.11 million US dollars, with the market value of stablecoins reaching 796.74 million US dollars. DeFiLlama also recorded that the daily trading volume of perpetual contracts on this chain reached 353.96 million US dollars, and the scale of cross-chain asset transfers was 2.524 billion US dollars.
These indicators reflect on-chain activities in different dimensions. DEX represents the volume of on-chain spot transactions, TVL counts the assets deposited into the protocol, while DeFi refers to the assets within the protocol. Cross-chain assets include funds that have been transferred into the network but may not necessarily have entered the protocol yet.
After the mainnet went live in July, trading volume increased rapidly.
Robinhood Chain entered public testing in February 2026 and officially launched its mainnet on July 1st. This network supports 24/7 trading of tokenized stocks, and eligible users can also lend such assets or use them as collateral.
In the first week after going live on the mainnet, Robinhood Chain processed over 17 million transactions, attracting nearly 350,000 addresses, with a cumulative DEX trading volume exceeding 1 billion US dollars. By late July, the daily DEX trading volume recorded by DeFiLlama was approximately 433 million US dollars, ranking fifth among all blockchains at that time.
TVL has increased nearly 8 times compared to July.
Compared to the data from July, Robinhood Chain's current TVL has nearly reached 8 times that amount, and the scale of stablecoins has also roughly tripled. In July, the value of TVL on that chain was about 94 million US dollars, with the balance of stablecoins just exceeding 260 million US dollars.
The person in charge of encryption business, Robinhood, previously stated in an interview in August that this blockchain has processed over 200 million transactions. At that time, he mentioned that the strategy of Robinhood Chain is to seek a balance between traditional financial products and high-volatility tokens that attract crypto traders.
Judging from the current on-chain performance, the early level of activity was largely driven by the Meme coin, and for a time, the trading enthusiasm even surpassed that of Robinhood's initial tokenized stock business.
