Robinhood Chain has surpassed $1 billion in total value secured less than two months after its July 1, 2026, public mainnet launch. L2Beat measured total value secured at $1.08 billion, while bridged value reached approximately $1.578 billion by August. DeFi total value locked 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, and the network generated $3.6 million in July 2026 revenue, the highest monthly figure among layer-2 solutions for that period. Built on Arbitrum Orbit, Robinhood Chain shares 10% of net revenue with the broader Arbitrum ecosystem and has no native token. Despite its launch with tokenized Stock Tokens and Morpho-based USDG lending, early adoption has been driven mainly by memecoins and stablecoin deposits into Morpho and Ethena.