Robinhood Chain recorded $3.7 billion in decentralized-exchange volume over 24 hours, setting a new high for the Ethereum layer-two network launched on July 1, 2026. DefiLlama data also showed record 24-hour transaction fees of $6.04 million, with about $5.44 million retained after Ethereum settlement costs and Arbitrum ecosystem allocations. Seven-day network revenue reached $20.33 million, equivalent to a short-term annualized run rate of roughly $1.06 billion, or about $1.1 billion, if sustained. Memecoin trading, token launches and tokenized equities have driven much of the growth, with GMGN, Pons and Uniswap among the leading applications.