Ethereum · Decrypt
Tenev has meanwhile pushed to open the market the chain was assembled to serve
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This article was published on July 11, 2026 and updated on September 5, 2026.
Key facts
- In July, analysts at Bernstein noted that around 65,000 users held roughly $13 million in Stock Tokens, while Cash Cat alone carried a $150 million market cap
- By September 4, DefiLlama recorded $1.878 billion in 24-hour DEX volume, up from $989 million on August 28
- Active RWA market capitalization on the chain reached $219.49 million by September 4, having stood at $149.22 million at the end of August, with daily RWA volume setting records around $115 million
- In its first week, Robinhood Chain recorded more than 17 million transactions, nearly 350,000 addresses, and more than $1 billion in DEX volume
Summary
The network handles tokenized real-world assets, including stocks and ETFs, alongside DeFi applications. Meme coins have driven most of the network's activity since its July 1, 2026 mainnet launch. Robinhood has covered gas costs for users of its own wallet since launch, under an offer expiring on September 29. Robinhood Chain is a blockchain network developed by Robinhood, the financial services company behind the stock and crypto trading platform. Launched on mainnet on July 1, 2026, Robinhood Chain brings together tokenized assets, decentralized finance (DeFi), and smart contracts that can power crypto applications.