Robinhood’s freshly launched Layer-2 blockchain is off to a start that most new chains would envy. Uniswap’s total value locked on Robinhood Chain has blown past the $30 million mark, part of a broader TVL surge across the chain that has exceeded $100 million since the network went live on July 1.
The $30 million milestone for Uniswap alone is notable, but it’s the full picture that tells the real story. Within the first week of Robinhood Chain’s existence, Uniswap racked up $500 million in 24-hour trading volume on the network, making it the second-highest volume deployment for Uniswap after Ethereum mainnet.
How Robinhood Chain got here so fast
Robinhood deployed Uniswap v2, v3, v4, and UniswapX protocols from day one, essentially rolling out the full suite of decentralized exchange infrastructure at launch rather than phasing it in over time.
The trading environment on the chain has centered on two asset categories: tokenized stocks and memecoins.
