Robinhood Chain hit $3.1B in weekly DEX volume and 65K users since its July 1 launch, as the Layer 2 eyes tokenized markets, Bernstein said.

Robinhood Chain's DEX trading volume topped $690M in 24 hours, fueled by memecoin Cash Cat and key DeFi integrations with Uniswap, Chainlink, and Morpho.

Robinhood Chain surpasses $420M in total asset market cap days after its July 1 mainnet launch, with TVL topping $100M and DEX volumes exceeding $400M.