Overview
- Robinhood Chain, which launched on July 1, 2026, is an Arbitrum-based Ethereum Layer-2 that reported more than 10 million daily transactions and roughly 100 millisecond block times by mid-July.
- The network’s total value locked climbed into the hundreds of millions of dollars, with mid-July reporting placing TVL near $300–$400 million and some analyses citing a $400 million milestone.
- Speculative memecoin trading accounts for about 80–85% of decentralized exchange volume on the chain while tokenized real-world assets, including Robinhood’s Jersey-issued Stock Tokens, represent only a small share of on-chain market value.
- Robinhood subsidized gas fees for 90 days to jump-start usage and uses a fee-sharing model that directs roughly 10% of net protocol fees to the Arbitrum ecosystem and additional fees to a treasury, creating uncertainty about post-subsidy revenue and user retention.
- New behaviors and integrations on the chain include over 2,400 autonomous AI agents and more than $100 million in agent-executed trades via Virtuals Protocol plus cross-chain swap tooling, which together boost throughput but raise operational, consumer-protection, and regulatory risks.