Robinhood Shares Jump as Trust Accounts Top $150 Million and Chain Posts $34.6 Billion in DEX Volume

  • Robinhood reported more than $150 million deposited into Trust Accounts since their August launch.
  • Robinhood Chain recorded $34.6 billion in DEX volume and $1.27 billion in TVL.
  • HOOD shares closed more than 16% higher before extending gains overnight.

Robinhood Markets shares closed more than 16% higher before extending gains overnight as the company reported more than $150 million in deposits into Robinhood Trust Accounts since their August launch. Average account size is about $500,000, indicating demand from customers with larger portfolios. The accounts support revocable living trusts, allowing trustees to manage stocks, options and other investments within an estate-planning structure. Robinhood also reported $34.6 billion in decentralized-exchange volume and $1.27 billion in total value locked on Robinhood Chain, its permissionless Ethereum Layer-2 network built with Arbitrum technology. The network has processed 576 million transactions across 12.3 million addresses in roughly two months, while more than 190 stock tokens have generated over $3 billion in cumulative DEX volume. Perpetual trading on Lighter reached $7.29 billion. Angel investor Jason Calacanis said he had retained his Robinhood shares, bought additional stock near $10 and set a personal $1,500 price target for 2036; Robinhood has not tied its guidance to that view.

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