Robinhood didn’t just enter the Layer 2 race. It kicked down the door. According to data from Artemis, Robinhood Chain has surpassed Coinbase’s Base network in daily active users on certain days, a milestone that would have sounded absurd a month ago considering the chain didn’t even exist until July 1, 2026.
The platform reported approximately 245,000 daily active users as of July 19, processing roughly 6 million daily transactions. For context, Base has been live since August 2023 and spent years building to those kinds of numbers. Robinhood did it in less than three weeks.
The numbers behind the hype
Robinhood Chain’s launch metrics read like someone accidentally added a zero. Cumulative decentralized exchange volume crossed $9 billion within weeks of going live. In its first week alone, the chain blew past 50,000 DAUs and $400 million in weekly DEX volume, outrunning other recently launched Layer 2 solutions including Stripe-backed Tempo.
The chain now counts around 1.5 million total accounts, a figure that looks a lot less surprising when you remember Robinhood’s core brokerage platform has nearly 28 million users.
