Robinhood’s blockchain is growing at a pace that would make most Layer-2 networks deeply jealous. Just weeks after its public mainnet went live on July 1, Robinhood Chain has racked up roughly $480 million in total value locked, 1.6 million monthly active users, and daily transaction counts approaching 10 million.

The numbers behind the surge

The TVL growth alone tells a compelling story. Robinhood Chain’s $480 million in locked value represents a roughly 50% increase in just one week, according to data from Token Terminal and CoinMarketCap.

Monthly active users hit 1.6 million, with a week-over-week increase of approximately 60%. Daily transactions are running at about 10 million, with earlier peaks between 8 and 10 million shortly after launch.

Cumulative DEX trading volume on the platform has reached around $8 to $9 billion within those first three weeks, with the bulk of that DEX activity driven by memecoin trading.