Robinhood Chain, the company’s Arbitrum-based Layer 2 blockchain, just posted a weekly decentralized exchange volume of roughly $10.47 billion. That’s nearly double what the chain recorded the week prior, and it puts Robinhood’s network in the same conversation as Solana and Ethereum for DEX activity.
For a chain that only launched on July 1, that kind of trajectory is, to put it mildly, unusual.
What’s driving the volume
The short answer: Uniswap and speculation. Uniswap protocols, including versions 3 and 4, account for approximately 77% of all DEX volume on Robinhood Chain. The remaining activity is scattered across launchpad platforms and smaller trading venues.
The types of assets being traded tell a revealing story. Memecoins and tokenized equities, including pairs for NVDA and AAPL, make up a significant share of the action.
