
Robinhood’s Layer 2 is now leading on-chain tokenized stock trading volume, with daily equities DEX activity outpacing Solana rivals as newer trading is led by Nvidia, SpaceX, Apple and GameStop.
Robinhood Chain has extended its early lead in tokenized assets by becoming the largest venue for on-chain trading of tokenized stocks by daily decentralized-exchange volume. Over the past seven days, the Ethereum Layer 2 network averaged $29.7 million in daily DEX volume for tokenized equities, according to a Dune dashboard maintained by OKX’s Web3 wallet team, ahead of Solana-based xStocks at $11.1 million and Backpack’s Sunrise at $13.4 million combined. Three weeks after launch, tokenized Nvidia led trading on Robinhood Chain with $13.9 million in daily volume, followed by SpaceX, Apple and GameStop. The Defiant said part of the growth was driven by Bankr and long.xyz, which enabled meme coins backed by tokenized-stock liquidity. Robinhood Chain launched on July 1, 2026 as an Arbitrum Orbit rollup settling on Ethereum, and tokenized equities on the network have since reached roughly $70 million in total value, about five times their level shortly after launch. Total value locked was reported at about $312 million, while daily DEX volume across all asset types exceeded $600 million. Robinhood’s stock tokens are issued by Robinhood Assets (Jersey) Limited and provide economic exposure rather than legal ownership, while trading around the clock on decentralized exchanges. The new breakdown updates earlier reporting that had GameStop as the top-traded name; the newer figures indicate Nvidia now leads, with SpaceX, Apple and GameStop next. The reported figures come from different datasets, time periods and scopes, so they are not directly comparable.