Two weeks ago, Robinhood Chain was mostly known for memecoins. Now it’s the biggest venue for trading tokenized stocks on-chain, and it’s not particularly close.
Robinhood’s Ethereum Layer 2 network averaged $29.7 million in daily DEX volume for tokenized equities over the past seven days, according to a Dune dashboard maintained by OKX’s Web3 wallet team. That figure eclipses the combined output of Solana’s two primary stock-trading platforms: xStocks at $11.1 million and Backpack’s Sunrise at $13.4 million daily.
The numbers behind the surge
Robinhood Chain launched on July 1, 2026, built as an Arbitrum Orbit rollup settling on Ethereum. In barely two weeks, tokenized equities on the chain have accumulated roughly $70 million in total value, a fivefold increase from where things stood shortly after launch.
The volume breakdown reads like a Reddit watchlist. GameStop leads with $26.6 million in daily volume, because of course it does. Nvidia follows at $14 million, and SpaceX, a stock that’s essentially impossible for retail investors to access through traditional channels, pulls in $6.4 million daily.
