Robinhood’s blockchain experiment is no longer an experiment. Weekly active users on Robinhood Chain have crossed the 100,000 mark, a milestone reached within the network’s first week of public mainnet operations.
The network, which went live on July 1, recorded roughly 50,000 daily active users and processed around 1.7 million daily transactions shortly after launch. They appear to be driven by actual product usage, including 24/7 tokenized stock trading and DeFi integrations that eliminate gas fees entirely.
What Robinhood actually built
Robinhood Chain is a permissionless, Ethereum-compatible Layer-2 blockchain built on Arbitrum’s technology stack. It features 100-millisecond block times. Transactions confirm almost instantly.
Robinhood launched Stock Tokens alongside the chain, allowing users to trade on-chain versions of major equities like NVDA, AAPL, and GOOG around the clock. Traditional stock markets close at 4 PM Eastern and take weekends off. Robinhood Chain doesn’t.
