Robinhood Chain reached a record $390 million in daily trading volume for RWA-linked tokens. Memecoin-stock pairs and tokenized shares drove the increase. Both categories also posted their highest daily totals, according to available on-chain data.
According to data compiled by on-chain researcher Adam Tehc, the memecoin-stock pair generated $217 million in daily volume. Tokenized stocks contributed another $127 million during the reported daily period. The report did not provide a category breakdown for the remaining share of the Robinhood Chain total.
Also Read: ARK Glassnode Report Compares Bitcoin, Ethereum, and Solana on Decentralization
What Robinhood Chain Offers as RWA Value Tops $84M
The increase came as tokenized real-world assets on the network exceeded $84 million in market value. Memecoin-stock pools now connect speculative tokens with assets that track publicly listed companies. That structure has made the combined category a major source of RWA-linked trading activity.
The latest figures show a change in activity since Robinhood Chain opened its public mainnet on July 1. Robinhood built the Ethereum Layer 2 network with Arbitrum technology. Tokenized equities formed a central part of its original onchain product plan from launch.
Around 95 tokenized stocks were available when the network launched, and public trading began. These assets give eligible users outside the United States price exposure to listed companies. The tokens can also interact with decentralized applications, extending their use beyond simple price tracking.
In the initial stages, memecoins remained the major drivers of DEX trades. Data from FalconX shows that memecoins generated over 80% of DEX volume recorded. The Robinhood Chain extended its tokenized real-world-asset offerings within the first few weeks.
When Robinhood Chain’s TVL Reached $431 Million
Three weeks later, the TVL of the platform amounted to $431 million, with the stablecoin market cap hitting $400 million. In addition, the DEX volume was estimated to be close to $9 billion. This indicated that onchain activity was quick to arise after the launch of the mainnet.
The market structure began to change in mid-July with the addition of applications that integrated both memecoins and stock tokens.
Bankr and long.xyz enabled the creation of memecoins using liquidity generated through the tokenization of stocks, with over 90 ticker symbols being available.
Liquidity pools also enabled memecoins to be paired with tokenized stocks of companies such as Nvidia, Tesla, Intel, and Roblox.
The total market cap of RWA in the network is much higher than the mid-July amount of about $12.8 million. Tokenized stocks made up nearly $10.7 million of the earlier market cap of the network.
Why Arbitrum Received $200,000 From Robinhood Chain
Tokenized ETFs, commodities, and US treasuries were among other early tokens launched. The network operates using Arbitrum’s Orbit stack, settles payments via Ethereum, and uses ETH as gas.
In accordance with the Expansion Program of Arbitrum, 10% of the net revenue from the protocol goes to the Arbitrum ecosystem. By late July, the network had earned more than $2 million in cumulative revenue. Roughly $200,000 of it was sent to Arbitrum.
Tokenized stocks are now available together with lending platforms, decentralized exchanges, and perpetual futures.
Memecoin stock trading has become one of the largest sources of daily volumes related to RWA within the ecosystem. These pairs produced more daily volume compared to tokenized stocks.
Also Read: Bitcoin Price Faces Key $77,000 Support as BTC Struggles to Reclaim $80,000
