Back
Robinhood Chain tops Base in daily active users on July 21

Robinhood Chain tops Base in daily active users on July 21

Three weeks after its July 1 mainnet launch, Robinhood Chain regained the daily active user lead over Base while reaching record TVL, underscoring intensifying competition for retail-focused onchain users.

ARB

Fact Check
Three independent sources (The Defiant, The Block, Cryptobriefing) all confirm that Robinhood Chain surpassed Base in daily active users around July 21, roughly three weeks after its July 1, 2026 mainnet launch, and that TVL reached record levels. Exact DAU figures differ across sources (245k-324k) due to differing snapshot times and data providers, but all agree on the DAU flip and rising/record TVL, supporting the claim. The only discrepancy is an apparent '2025' typo in The Defiant article body, contradicted by the July 1 launch date and all other sources placing events in 2026.
    Reference: 123
Summary

Robinhood Chain moved back ahead of Base in daily active users on July 21, reaching 323,969 versus Base's 274,520, while total value locked rose to a record $588.9 million, according to Artemis. The Arbitrum Orbit-based layer-2 first overtook Base on July 11, lost the lead from July 16 through July 20, and regained it on July 21, highlighting rapid early traction just three weeks after its July 1 mainnet launch. Robinhood Chain also narrowly led Base in 24-hour spot DEX volume at $624 million versus $603 million and generated $198,215 in chain fees versus Base's $52,081, though Base remains much larger in DeFi TVL, stablecoin supply and perpetual futures volume.

Terms & Concepts
  • Arbitrum Orbit-based layer-2: A blockchain network built using Arbitrum's Orbit stack to run as a scaling layer on top of another chain.
  • TVL: Total value locked, or the value of assets deposited in onchain financial applications.
  • DEX volume: The amount traded on decentralized exchanges over a given period.