Robinhood Chain went live on July 1. Ten days later, it was processing 7.6 million transactions in a single day, nearly matching Base’s 9.2 million on July 11.
But here’s the thing that matters more than raw transaction counts: every single one of those transactions ultimately settles on Ethereum Layer 1, and the chain uses ETH exclusively as its gas token.
The numbers behind the noise
Built on Arbitrum’s Nitro stack, Robinhood Chain is an Ethereum-compatible Layer 2 designed for speed. It boasts 100-millisecond block times. That speed has attracted serious DEX activity.
Around July 12, 24-hour DEX trading volume on the chain exceeded $877 million. Cumulative trading volumes have reportedly crossed $1 billion.
