Memecoins account for 85% of trading on Robinhood Chain two weeks after launch, while tokenized real-world assets sit at just 1% of DEX volume.

Robinhood Chain hit 1 million active wallets in two weeks with $3.1B in DEX volume, but memecoins dominate early activity over tokenized stocks.

Robinhood Chain launched for RWAs but memecoins took over. A $121M token unlock now looms as the platform sorts out its identity.