Robinhood Chain has surpassed $1 billion in total value secured less than two months after opening its public mainnet on July 1, 2026. L2Beat tracked total value secured at $1.08 billion, while bridged value reached approximately $1.578 billion by August. DeFi (decentralized finance) protocol total value locked, or TVL, climbed to nearly $775 million by early August from essentially nothing at launch. Daily transactions peaked at 11.6 million on August 11, briefly exceeding Base in user activity. The chain generated $3.6 million in revenue during July 2026, the highest monthly figure among layer-2 solutions for that period. Built on the Arbitrum Orbit stack, Robinhood Chain shares 10% of its net revenue with the broader Arbitrum ecosystem and has no native token. Although Robinhood launched the network with tokenized Stock Tokens and Morpho-based USDG lending to connect brokerage users with crypto infrastructure, early adoption has been driven mainly by memecoins and stablecoin deposits into Morpho and Ethena. Tokenized real-world assets have an active market cap of around $130 million on the chain, a small portion of its overall TVL. Morpho, Uniswap, Ethena and Lighter are the leading protocols by usage, while Robinhood Wallet integrates Stock Tokens and USDG lending as a link between traditional brokerage users and DeFi products.