Appetite for meme coins has fueled initial activity on Robinhood chain, helping generate $3.1 billion in DEX volumes in the last week.

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's TVL hit $130.5M with a 17% daily jump, fueled by Uniswap and Morpho deployments, though memecoin speculation drives much of the activity.