Robinhood Chain’s 24-hour decentralized exchange volume rose to $1.595 billion as of Sept. 1, up 61% from $989 million on Aug. 28, according to DefiLlama, after an earlier Sept. 1 reading near $1.49 billion had already ranked the network second behind Solana and ahead of Ethereum, BNB Chain and Base; Crypto Briefing separately put the 24-hour total above $1.58 billion with weekly volume up about 90%. The Arbitrum Orbit Ethereum Layer 2, launched July 1 for round-the-clock tokenized stock trading, held about $738.11 million in DeFi total value locked and roughly $796.74 million in stablecoins, with DefiLlama also recording $353.96 million in daily perpetual futures volume and $2.524 billion in assets bridged to the network. DEX flow has been concentrated on Uniswap, while Morpho Blue has dominated lending on the chain. Memecoin issuance has driven much of the activity: launchpads on the chain took close to 70% of crypto launchpad fees, and Robinhood Chain-native Pons collected $4.89 million on Aug. 31 versus $1.72 million for Solana’s pump.fun after shipping V2 on Aug. 3. Uniswap V4 on the chain handled $720.3 million over 24 hours, about half of all Uniswap V4 volume, and with V3 accounted for most of the network’s DEX flow, while Robinhood earned gas rather than app fees. Compared with July readings near $433 million in daily DEX volume, $94 million TVL and just over $260 million in stablecoins, deposits and stablecoin capitalization have multiplied, and Robinhood crypto chief Johann Kerbrat said in August the chain had processed more than 200 million transactions while balancing traditional financial products with speculative tokens.