Rialto’s launchpad generated 1,410 token launches and $583,200 in creator fees in its first 14 hours, as Robinhood Chain’s tokenized real-world asset transfer volume reached $885.50 million over 30 days.
Varo, a token launchpad from Rialto, recorded $31.6 million in trading volume, 154,200 trades, 1,410 token launches and $583,200 in creator fees in its first 14 hours on Robinhood Chain. The launch came as Robinhood Chain showed rapid broader growth: RWAs Foundation data said tokenized real-world asset transfer volume on the network surged 2,424,301% over 30 days to $885.50 million as of July 29, while earlier RWA.xyz data published on July 27 showed the chain leading its rankings with a 100% distribution ratio, 97 tokenized assets, about $24.12 million in distributed RWA value and 328,039 active holders. Entropy Advisors data cited by Tom Wan said Varo quickly reached about 10% of Robinhood Chain’s daily token launches and ranked third for daily deployments behind Pons and Flap, though the burst in token creation also points to speculative risks including market saturation, rug pulls and sharp price declines if interest fades.