robinhood

According to Coindesk, Bernstein stated in a research report released on Monday that Robinhood's newly launched blockchain, Robinhood Chain, has performed strongly since its launch, quickly becoming one of the most active networks for decentralized trading.The report noted that since the mainnet went live on July 1, the DEX trading volume on Robinhood Chain reached $3.1 billion in the past week, ranking it among the top five chains by DEX activity. Currently, over 65,000 users hold approximately $13 million in tokenized stocks and $300 million in stablecoins on the chain.Bernstein believes that the early adoption of Robinhood Chain highlights the accelerated integration of tokenized real-world assets with the broader DeFi ecosystem. The network is built on Arbitrum, an Ethereum Layer 2, supporting Robinhood's tokenized stock products, providing 24/7 trading, self-custody, as well as on-chain use cases such as lending and collateralization, and has integrated with partners like Uniswap, Morpho, Lighter, Chainlink, and BitGo.The report also stated that although the current early trading volume is primarily driven by meme coins, Robinhood is expected to focus more on tokenized stocks, commodities, and other RWA assets, as well as perpetual contract business in the future.

Token Pocket's Chief Business Officer Michael stated that the mnemonic phrase of the Robinhood founder was leaked during a live broadcast. After hackers gained control of the address, they used that address and associated addresses to buy a large amount of the Meme coin at $1, prompting thousands of investors to follow suit, rapidly increasing the market value of the token from about $500,000 to $14 million in a short period.Subsequently, the price of the $1 token fell sharply, with a trading volume of about $20 million within just two hours. After the related addresses were frozen, the hackers quickly moved to the BNB Chain (BSC), using that address and its associated addresses to issue new tokens, and created trading hype through self-buying and selling, ultimately executing a sell-off to cash out. Robinhood's RPC has frozen that address, and nodes do not allow transactions sent from that address to be packaged, so transfers and trades cannot be conducted.

According to DefiLlama data, since its launch, Robinhood Chain has attracted over $290 million in stablecoins, with a TVL of $134 million, an active market value of RWA at $12 million, and a cumulative DEX trading volume of $4 billion.

According to Cointelegraph, the launch of Robinhood's Layer 2 network, Robinhood Chain, has boosted market sentiment towards Ethereum. The network uses ETH as its native Gas token, and approximately $141 million worth of ETH has been bridged to the chain.Reports indicate that there are now over 500,000 wallet addresses holding ETH on the network. In the past 24 hours, the DEX trading volume on Robinhood Chain reached $877.56 million, surpassing Ethereum L1 and competitor Base. As an on-chain extension of the traditional financial trading platform Robinhood, it offers tokenized stock services to customers in 120 countries, further strengthening the EVM-compatible ecosystem.

According to Token Terminal data, in the past week, the amount of ETH bridged from the Ethereum mainnet (L1) to Robinhood Chain (L2) has increased by about 10 times, exceeding 100 million USD.It is reported that Robinhood Chain uses ETH as its native Gas token. Token Terminal indicates that if the adoption of this chain continues to grow, it may become a new important source of demand for ETH.

According to the official announcement, the Binance Wallet has now integrated Robinhood Chain, and users can directly access and trade Robinhood Chain tokens in the Binance Wallet App and plugin. The Binance Wallet plugin needs to be upgraded to version v1.14.0 or above to be used.

Uniswap founder Hayden posted on the X platform that 99.5% of the DEX trading volume related to Robinhood Chain comes from Uniswap.

According to official news, Robinhood announced that it will soon launch AI agent cryptocurrency trading features for eligible U.S. users.Users can connect the AI agent to their exclusive Robinhood accounts, allowing the AI to execute cryptocurrency trades on their behalf, while also supporting real-time profit and loss tracking and push notifications, maintaining consistency with the existing agent trading experience. Specific details will be announced in the near future.

According to a report by Decrypt, Robinhood Chain quickly became one of the most active public chains in the crypto market just one week after its launch.Official data shows that Robinhood Chain processed over 17 million transactions in its first week, with nearly 350,000 active addresses and a protocol TVL of approximately $250 million. The cumulative trading volume on the DEX surpassed $1 billion. On Wednesday, the single-day trading volume reached $568 million, with a 24-hour DEX trading volume of about $433 million, surpassing Hyperliquid and ranking fifth in the entire network.Driven by the explosive growth of the ecosystem, Meme coins on Robinhood Chain performed strongly, with Cash Cat's market capitalization exceeding $180 million, and tokens like Dog In Hood, Hoodrat, and Robinhood Summer seeing increases of several times or even dozens of times. Reports indicate that some traders turned $800 into over $1 million, while another user increased $85 to $2 million.As the underlying technology provider for Robinhood Chain, Arbitrum (ARB) has benefited significantly, with ARB rising about 20% on the day. According to the mechanism, Robinhood Chain will return 10% of the protocol's net income to the Arbitrum ecosystem.However, the report points out that currently, the activity of Robinhood Chain is still mainly driven by Meme coins, and whether it can smoothly transition to RWA and other application scenarios planned by Robinhood in the long term remains to be seen.

According to Cointelegraph, in the first week since the launch of Robinhood Chain, the amount of Ethereum bridged to the chain has exceeded $70 million. Data from Token Terminal shows that the daily active users of Robinhood Chain reached 194,000, with daily revenue increasing to $39,000, resulting in an annualized revenue run rate of approximately $14 million.Data from DefiLlama indicates that its total locked value is 46,748 ETH (approximately $83 million), with a single-day inflow on July 9 reaching 31,855 ETH (approximately $55 million). Uniswap founder Hayden Adams stated that most transactions on Robinhood Chain are priced in ETH, which is the primary trading pair, the asset with the highest trading volume, and the Gas token for the chain, while ETH is consumed through Layer 1 to pay for data storage fees. Analysts believe that ETH as the Gas token for the chain will create a sustained circular demand.

The cross-chain interoperability platform Relay Protocol has issued a warning, stating that since the launch of the Ethereum Layer 2 network Robinhood Chain based on Arbitrum on July 1, a large number of honeypot scam tokens have emerged. After users purchase these tokens, they automatically disappear from their wallets, and the funds cannot be recovered. Relay Protocol clarified that this is not due to a breach of wallet infrastructure; users' private keys and other assets remain secure, and the malicious logic exists only within the scam token contracts themselves.The typical operation of honeypot tokens allows users to buy in but prevents selling through hard-coded rules, or automatically transfers funds to the attacker's wallet. Some users have reported that a certain token contract uses hidden storage mappings to bypass standard ERC-20 security checks to steal assets.Relay Protocol stated that it is blocking discovered scam tokens and verifying safe tokens, advising users to only trade tokens verified by trusted sources, to verify contract addresses before trading, and to test with small amounts of funds first. The platform pointed out that attracting scammers in the early stages of a new chain launch is not an issue unique to Robinhood Chain; similar situations have occurred with other L1 and L2 chains upon their launch.

DefiLlama data shows that Robinhood Chain surpassed Hyperliquid in 24-hour DEX trading volume.The data indicates that Robinhood Chain's 24-hour DEX trading volume reached $433 million, while Hyperliquid's trading volume during the same period was $296 million.

According to The Block, Ark Invest, led by Cathie Wood, purchased 217,896 shares of Circle stock on Thursday, worth approximately $13.7 million, with CRCL falling 1.65% to $63.01 on the same day.Ark also sold 85,319 shares of Robinhood stock, worth approximately $9.8 million, with HOOD rising 1.39% to $115.11 on the same day.

According to Bubblemaps monitoring, the lending protocol Arrow Finance on the Robinhood Chain has approximately 80% of its token ARROW concentrated in a few addresses. On-chain analysis shows that 200 wallets, which previously had no EVM interaction records, purchased ARROW within 3 minutes of the token's launch, and these addresses were funded at the same time by the same source address 0x0a5...6a6c.Bubblemaps also pointed out that there are multiple large address clusters and reminded investors to exercise caution when trading ARROW before its product officially supports the Robinhood Chain.

Robinhood's official X account announced that SENT (Sentient) is now officially launched on the Robinhood Crypto platform, where users can trade.

The Robinhood Chain ecosystem has recently experienced explosive growth. The first meme coin on the chain, Cash Cat, has a market capitalization exceeding 100 million USD, and the daily trading volume on the DEX has surpassed 560 million USD.The number of daily active addresses on the chain is approaching 200,000, with over 140,000 being new addresses for first-time transactions, indicating a large influx of new users. In terms of token issuance, nearly 16,000 new tokens were created in a single day, and currently, there are 7 meme coins on the Robinhood Chain with a market capitalization exceeding 1 million USD.

Offchain Labs co-founder Steven Goldfeder posted on the X platform that as enterprise adoption accelerates, Arbitrum is ready to capture revenue. 10% of the fees collected by Robinhood Chain and all other Arbitrum L2s will flow into the Arbitrum ecosystem—8% will go into a treasury controlled by token holders, and 2% will be used to fund development.100% of the fees collected on Arbitrum One will be allocated to the Arbitrum treasury. According to previous reports, Robinhood Chain is an Ethereum Layer 2 network built on the Arbitrum tech stack.

The decentralized prediction market World.xyz announced on platform X that after a review by the team over the past 24 hours, it has decided to migrate from Solana to Robinhood Chain, stating that this strategic adjustment was made after careful consideration, while also thanking the Solana Foundation and community for their support.It is reported that World.xyz has launched on the Phantom wallet and its official website, supporting users to trade cryptocurrency prices and event contracts such as the 2026 World Cup, using Chainlink as the primary oracle infrastructure, and utilizing Phantom stablecoin as the settlement asset.