Tao Zhu, Jinse Finance
Abstract:On July 1, 2026, Robinhood Chain officially launched its public mainnet. As an Ethereum Layer 2 blockchain built on Arbitrum technology, Robinhood Chain's initial positioning was not simply to host crypto assets, but to attempt to put assets and applications such as stocks, ETFs, stablecoins, DeFi, Memes, and AI Agents onto the same chain. This article outlines the main protocols currently used by Robinhood Chain and provides an understanding of its ecosystem.
The Robinhood Chain mainnet is built on the Arbitrum platform, conforms to institutional-grade standards, and is natively connected to Robinhood's on-chain users. This Layer 2 blockchain provides developers with an out-of-the-box environment. Initial partners include Uniswap and Pleiades. Uniswap is deploying a dedicated AMM as its primary public liquidity protocol, while Pleiades is deploying a proprietary AMM as its primary proprietary trading platform.
Robinhood Chain's mainnet is built on the Arbitrum platform, conforms to institutional-grade standards, and is natively connected to Robinhood's on-chain users. This Layer 2 blockchain provides developers with an out-of-the-box environment.
Robinhood Chain is deeply integrated with industry-leading platforms such as Alchemy, BitGo, and Chainlink, boasting fast block generation speeds and out-of-the-box DeFi primitives, such as lending. Robinhood Chain natively supports AI technology and is built specifically for real-world assets, providing developers with a permissionless and seamless environment for innovation. For more details, please see "Robinhood Chain Launch: Understanding the Ambition Behind Robinhood AI in On-Chain Finance" According to Devilama data, as of press time, Robinhood Chain's DeFi TVL has risen to $759 million, a 4.90% increase in the past 24 hours; the on-chain stablecoin market capitalization has reached $833 million, and the active RWA market capitalization is approximately $182 million. In the past 24 hours, Robinhood Chain DEX trading volume reached $1.448 billion, and perpetual contract trading volume reached $387 million, indicating rapid growth in its on-chain trading activity. Meanwhile, Robinhood Chain's cumulative cross-chain TVL has reached $2.635 billion.
In just two months since its launch, a large number of protocols have emerged on Robinhood Chain.
1) Uniswap
Uniswap was one of the first partners when the Robinhood Chain mainnet launched. Robinhood officially stated that Uniswap will deploy a dedicated AMM on the Robinhood Chain and serve as the main public liquidity protocol on the chain. Stock Tokens in Robinhood Wallet can also be traded through Uniswap.
On August 30th, Uniswap's stock token trading volume on the Robinhood Chain reached a record high, with a single-day trading volume of approximately $130 million, about 10 times higher than the previous month. Uniswap on the Robinhood Chain has processed approximately $1.5 billion in stock token trading volume in about six weeks. Uniswap is reaping the enormous benefits of its partnership with the Robinhood Chain. The significance of this partnership lies in Robinhood's responsibility for issuing assets, while Uniswap is responsible for providing on-chain liquidity. For details, please see "Robinhood Stocks on the Chain: Uniswap Embraces Immense Prosperity"2) PancakeSwapPancakeSwap is a multi-chain decentralized exchange, initially launched on the Binance Smart Chain in September 2020.
PancakeSwap officially deployed on Robinhood Chain in July of this year: PancakeSwap is now live on Robinhood Chain. PancakeSwap AMM v2 and v3 have been deployed on Robinhood Chain. PancakeSwap X is also live on Robinhood Chain, which can route trades of more than 90 tokenized assets to the best available price, providing better quotes and built-in MEV protection mechanisms. 3) Ramses Ramses is a decentralized trading protocol with the ve(3,3) mechanism and centralized liquidity at its core, initially built on the Arbitrum ecosystem. Its product system is not a single AMM, but simultaneously includes different types of liquidity markets such as the traditional Solidly model, centralized liquidity, and DLMM (Dynamic Liquidity Market Maker). According to the Ramses official documentation, as of July 29, 2026, Ramses DLMM had been deployed on Robinhood Chain, at which time it was in fee-only mode. 4) Ekubo Ekubo is an AMM protocol centered on hyper-centralized liquidity. It initially developed within the Starknet ecosystem and later launched its EVM version. The Ekubo official documentation shows that its V3 EVM version is currently deployed on multiple networks including Ethereum, Base, Arbitrum, and Robinhood Chain, using the same deterministic contract address. 5) Rialto Rialto is a spot trading and aggregation infrastructure based on PropAMM. Rialto's core idea is to allow professional market makers to provide liquidity directly through PropAMM, rather than relying entirely on passive liquidity pools in traditional AMMs. According to Rialto's official introduction (https://rialto.ghost.io/introducing-rialto/), its own Rivo Altus PropAMM provides basic liquidity for over 90 Stock Tokens and major crypto assets on the Robinhood Chain, while also connecting other market makers and institutional liquidity providers. According to the list of Robinhood Chain liquidity sources published by 0x, in addition to the protocols mentioned above, there are currently the following protocols: SushiSwap, RobinSwap, Up, GIGA, Fables, SwapHood, Swaap, SectorOne, Sheriff, Fermi, Kaliber, Kipseli, LiquidCore, Metric, Flap, Hanji, Baseline, Alley/Catnip, Pons, Bags, Virtuals, etc. 2. Meme Launchpad 1) Pons Pons is a fixed-supply token issuance and trading platform on the Robinhood Chain. Users can browse newly issued tokens, create their own tokens, and trade directly through their wallets. Pons itself does not hold user funds; all issuances and transactions are initiated on-chain by user wallets. Pons aims to make it easy for anyone to issue tokens on the Robinhood Chain with low barriers to entry and access a market for trading. Pons may become a "traffic portal" for the Robinhood Chain in the future. The Pons website shows that more than 167,000 tokens have been issued. 2) Long Long is an independent third-party project and one of the more representative meme launch platforms on the Robinhood Chain. Its core focus is issuing Stock-Memes tied to stock tokens. Unlike traditional meme launch platforms like Pump.fun, Long allows users to choose a real-world stock as the paired asset when issuing meme tokens, linking meme trading with stock tokens. Long is attempting to shift the focus from the stock market to on-chain memes.3) hood.fun
hood.fun is the Token Launchpad and trading platform on the Robinhood Chain. hood.fun emphasizes that it is merely an interface for interacting with the on-chain permissioned protocol; the platform does not issue or audit user-created tokens and emphasizes that LPs are permanently locked after graduation.
In addition, there are rain.fun, prynt.fun, NOXA Fun, StoneBrokers, etc.
1) Morpho
Robinhood has chosen Morpho as the underlying lending infrastructure for its official Robinhood Earn product.
According to the Robinhood website, "Robinhood Earn allows users to lend USDG backed by its USD through a self-custodied wallet, with an expected annualized yield of 7%. The product is insured by Lloyd's of London and RELM to protect users from losses in the event of cybersecurity or smart contract attacks. Its underlying lending infrastructure is based on the Morpho protocol..." According to the Morpho website, Morpho is an open blockchain-based network. Lenders and borrowers compete in real time, helping to create a more efficient market and providing users with financial products with more favorable interest rates and terms. Morpho serves as the underlying credit network, with Steakhouse Financial responsible for building the vault infrastructure supporting the product, and Robinhood Chain acting as the settlement layer. 2) Maple According to Maple's official website, Maple launched syrupUSDG on the day Robinhood Chain launched, combining Maple's on-chain credit system with USDG, with Steakhouse Financial acting as the risk planner. Maple has issued over $22 billion in loans since 2022, and this entry into Robinhood Chain marks its first time distributing its on-chain credit product to a wider user base through a major fintech platform. 3) Spark Spark has also entered the Robinhood Chain ecosystem, and related lending and liquidity products have already been deployed. Robinhood listed Spark as one of its core partners when launching Robinhood Earn. 4. Perps 1) Lighter Lighter is a Perps DEX explicitly listed in the official Robinhood Chain ecosystem. Robinhood Wallet has directly integrated Lighter, allowing eligible users to trade perpetual contracts through the wallet: "Eligible users in certain jurisdictions can access perpetual contract trading on the decentralized exchange Lighter through Robinhood Wallet. Lighter has contributed 11 million $LIT tokens to the Robinhood community. Eligible users can earn points by trading perpetual contracts on Lighter—double points for trading through Robinhood Wallet and 1x points for trading through the Lighter web application—these points can be directly redeemed for $LIT tokens in the aforementioned pool according to Lighter's terms." According to DeFiLlama data, Lighter has become one of the largest derivatives protocols on Robinhood Chain, with an on-chain TVL of approximately $48 million.
2) Arcus
Arcus is also a Perps DEX in the official Robinhood ecosystem. Compared to traditional Perps DEXs, Arcus focuses more on stock tokens, crypto assets, and perpetual contracts.
According to DeFiLlama data, Arcus currently has over $20 million in TVL on the Robinhood Chain.
1) Paxos (USDG)
USDG is one of the important stablecoins on the Robinhood Chain, with Paxos as its infrastructure provider. USDG uses a 1:1 USD backing mechanism, allowing users to redeem at a ratio of 1 USDG to 1 USD; Paxos also regularly discloses reserve asset reports and third-party verification reports. According to DeFiLlama data, the total market capitalization of Robinhood Chain stablecoins has reached approximately $830 million, with USDG accounting for over 60%.
6. Cross-Chain and Infrastructure
1) LayerZero
According to the official bridging documentation of Robinhood Chain (https://docs.robinhood.com/chain/bridging/), LayerZero supports the OFT (Omnichain Fungible Token)/Stargate route on Robinhood Chain, which can be used for cross-chain transfers of assets including WBTC, USDG, and other OFT assets.
LayerZero will connect Robinhood Chain from a separate L2 to a larger multi-chain financial market.
LayerZero will connect Robinhood Chain from a separate L2 to a larger multi-chain financial market.
2) Chainlink
Chainlink provides infrastructure including Data Feeds, Data Streams, and CCIP after the Robinhood Chain mainnet launch.
3) Arbitrum Canonical Bridge
The main function of the Arbitrum Canonical Bridge is to facilitate the transfer of ETH and ERC-20 assets between Ethereum and Robinhood Chain. Withdrawals from Robinhood Chain to Arbitrum require Arbitrum's standard Fraud Proof process, which involves a challenge period of approximately 7 days before assets can be claimed on the Ethereum mainnet.
Furthermore, the Canonical Bridge has an important characteristic: the ERC-20 contract address of the bridged asset on Robinhood Chain is different from the original contract address on Ethereum. Developers who need to programmatically process cross-chain assets need to resolve the corresponding L2 Token address through mechanisms such as L2 Gateway Router.
4) Relay Relay is an intent-based cross-chain bridge. Relay speeds can reach the second level, and it supports "Bridge-and-Execute". 5) Across Across is an intent-based cross-chain bridge. Users can transfer USDC from multiple networks, including Base, Arbitrum, and HyperEVM, to Robinhood Chain and obtain USDG on Robinhood Chain; in reverse cross-chain transactions, USDG on Robinhood Chain can be converted back to USDC on other networks. 6) LiFi/0x LiFi/0x are cross-chain aggregators. They can aggregate different cross-chain liquidity and transaction routes. 7. Institutional Custody 1) Fireblocks Fireblocks is a digital asset infrastructure platform for institutions, covering asset custody, transfers, wallets, and digital asset operations. Fireblocks plays a dual role in Robinhood Chain as both institutional custody infrastructure and a network governance participant. 2) BitGo On July 7, 2026, BitGo announced support for the Robinhood Chain mainnet. Institutional clients can manage Robinhood Chain assets through BitGo's wallets and custody infrastructure, thereby participating in stock tokens, RWA, and on-chain financial markets. 8. On-Chain Data and Analytics 1) Entropy Advisors Entropy Advisors is primarily responsible for on-chain data analysis and visualization on Robinhood Chain. Entropy can transform the large amounts of raw transaction data on Robinhood Chain into more easily understood market indicators.
2) Allium
Allium focuses more on underlying data infrastructure. Currently, it covers raw on-chain data, token data, wallet balances, DEX transactions, real-time data, historical data, token prices, and other data.
3) CoinGecko
CoinGecko is responsible for tracking token prices, trading volumes, and market information within the Robinhood Chain ecosystem. CoinGecko has established a dedicated Robinhood Chain Stocks Ecosystem category, which includes stock tokens on the Robinhood Chain, including NVDA, SPY, SPCX, and AAPL.
Allium is more focused on underlying data infrastructure.
Currently, it covers raw on-chain data, token data, wallet balances, DEX transactions, real-time data, historical data, token prices, and more.
3) CoinGecko
CoinGecko is responsible for tracking token prices, trading volumes, and market information within the Robinhood Chain ecosystem.
CoinGecko has established a dedicated Robinhood Chain Stocks Ecosystem category, which includes stock tokens on the Robinhood Chain, such as NVDA, SPY, SPCX, and AAPL.
Allium is more focused on underlying data infrastructure.
Currently, it covers raw on-chain data, token data, wallet balances, DEX transactions, real-time data, historical data, token prices, and more.
3) CoinGecko
CoinGecko is responsible for tracking token prices, trading volumes, and market information within the Robinhood Chain ecosystem.
Currently, Coin 9. Wallets 1) Zerion On July 1st, the day the Robinhood Chain mainnet launched, the Zerion API already supported Robinhood Chain. Developers do not need to build a new data system for Robinhood Chain; they can obtain relevant on-chain data through the existing Zerion API. Currently, Zerion can provide information including wallet balance, token price and metadata, transaction history, DeFi positions, wallet PnL, token PnL, webhook, and real-time data streams. 10. Compliance and Risk Management 1) TRM Labs The official Robinhood Chain ecosystem page lists TRM Labs as a Compliance & Risk Management partner, primarily providing on-chain analytics and risk management tools.
Robinhood Chain has already achieved high trading volume and revenue, and its tokenized stocks, Launchpad, and DEX ecosystem are rapidly taking shape, but the real retail user dividend has yet to be released.
JinseFinanceOn July 1, 2026, Robinhood officially launched its own public blockchain, Robinhood Chain—a Layer 2 network built on the Arbitrum Orbit framework and settled on Ethereum.
JinseFinanceRobinhood Chain has recently become a new hot topic in the on-chain market.
JinseFinanceFor Robinhood, the real opportunity may not lie in building a blockchain, but in bringing tens of millions of users into on-chain finance.
JinseFinanceOn the day Robinhood Chain launched, HOOD's stock price rose by 8%. Robinhood, with its stock token trading platform built on Arbitrum and its on-chain ecosystem, allows traditional brokerages to officially enter the realm of self-built on-chain infrastructure.
JinseFinanceThe surge in Robinhood Chain transaction volume could be a major boon to Ethereum, but only if the view that "ETH is currency" holds true.
JinseFinanceSaying goodbye to the old "coin issuance" model, physical giants like Robinhood are betting on Ethereum's L1+L2 architecture, and the real on-chain business landscape is rapidly reshaping the new crypto landscape.
JinseFinanceThe real focus of continued observation is not whether these Meme coins can maintain their market capitalization, but whether the underlying infrastructure supporting this wave of speculative activity can retain the new users attracted by Meme coins after the market downturns.
JinseFinanceRobinhood, DeFi, Project, Robinhood Chain is a hit: Why are these DeFi projects the real beneficiaries? Jinse Finance, Four beneficiaries each reaping different benefits.
JinseFinanceRobinhood initially created its Layer 2 network to serve legitimate on-chain finance, but speculative players have taken a different development path.
JinseFinance