What Is Robinhood Chain? Inside the $100 Million TVL Launch, Tokenized Stocks, and Memecoin Mania
Key TakeawaysRobinhood Chain, an Ethereum layer 2 built on Arbitrum's Orbit stack, went live on July 1, 2026 and crossed $100 million in total value locked in about a week, according to DeFiLlama data.Roughly $90 million of that TVL sits in the Morpho lending protocol that powers Robinhood Earn, boosted by an approximately $50 million deposit from DeFi protocol Ethena into a USDG vault.On July 8 the network posted around $560 million to $570 million in 24 hour DEX volume, briefly overtaking Hype