Robinhood Chain’s DEX trading volume surpassed $1 billion in its first week of launch, placing it among the top five in the industry.

Robinhood Chain has quickly emerged as one of the most active public blockchains in the crypto market just one week after its launch. Official data shows that in its debut week, the chain processed over 17 million cumulative transactions, had nearly 350,000 active addresses, a protocol Total Value Locked (TVL) of around $250 million, and cumulative decentralized exchange (DEX) trading volume exceeding $1 billion. Notably, its single-day volume hit $568 million on Wednesday, with 24-hour DEX volume reaching roughly $433 million—surpassing Hyperliquid to rank fifth across the entire network. Driven by the booming ecosystem, meme coins on Robinhood Chain have posted strong performance: Cash Cat’s market cap topped $180 million, while tokens including Dog In Hood, Hoodrat, and Robinhood Summer saw gains of several to even dozens of times. Reports highlight that one trader turned $800 into over $1 million, while another user grew $85 to $2 million. As Robinhood Chain’s underlying technology provider, Arbitrum (ARB) has benefited significantly, with ARB surging approximately 20% on the day. Per its mechanism, Robinhood Chain will allocate 10% of its protocol net revenue back to the Arbitrum ecosystem. However, reports note that Robinhood Chain’s current activity remains primarily driven by meme coins, and whether it can smoothly transition to application scenarios like Real-World Assets (RWA) as part of Robinhood’s long-term plan remains to be seen.