Robinhood Chain has been live for less than a week, and Uniswap has already processed more than $250 million in trading volume on it.

The chain went live on July 1-2, built on Arbitrum technology as a permissionless Ethereum Layer-2 blockchain. Versions v2, v3, v4, and UniswapX were all deployed from launch day, making it the chain’s primary automated market maker right out of the gate.

What Robinhood Chain actually does

Robinhood Chain is specifically designed to facilitate trading of tokenized real-world assets, including stock tokens and ETFs, with 100ms block times.

UNI token holders noticed. The token surged 11-14% following the chain’s launch.