According to a Bernstein research report, in the first week after launch, Robinhood Chain recorded cumulative DEX trading volume of about $3.1 billion, placing it among the top five public chains globally. Since its mainnet went live on July 1, about 65k users have held around $300 million in stablecoins and $13 million in tokenized stock assets on-chain. Bernstein noted that early trading on Robinhood Chain was mainly driven by Meme coins, but its long-term goal remains to facilitate trading of real-world assets (RWA) such as stocks, commodities, and perpetual contracts. (The Block)

HOOD-1.16%
MEME-1.77%
RWA-0.85%
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MildlyMEV
· 12h ago
Meme coins lead the way, stocks follow up—Robinhood is great at turning traffic into conversions.
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GateUser-176c498f
· 12h ago
65k users and 300 million stablecoins—this data is even stronger than many established old-school chains in half a year.
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LimitOrderAtTheCrater
· 12h ago
Robinhood Chain entered the top five in its first week, and traditional finance giants are moving into the chain— the landscape has changed
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SaveABitOnGasFees
· 12h ago
RWA narrative has been calling for it for two years, and finally there’s a player with real users who has taken it seriously and actually built it.
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ACalmnessWithAHintOfPomelo
· 12h ago
$3.1 billion trading volume—Meme coins lead the charge; RWA is the endgame. I’ve seen this script before.
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