Robinhood's new blockchain quickly became a top-five network by DEX volume, signaling strong early demand for its tokenized asset platform, the broker said.

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.

Robinhood Chain hit 50,000 daily active users and $400M+ in DEX volume within its first week, rapidly surpassing Stripe-backed Tempo in blockchain adoption.