Robinhood Chain L2 Processes $3.1B in DEX Volume in First Week

Robinhood Chain, the Layer-2 solution launched by Robinhood, has seen rapid adoption since its public mainnet went live. In the first seven days, the network processed $3.1 billion in cumulative DEX volume, placing it among the top five chains in the segment.

As of July 13, the protocol held the third spot for daily decentralized exchange turnover with $808 million, trailing only Solana and BNB Chain. The platform also reported that around 65,000 users have already deposited $300 million in stablecoins and $13 million in tokenized equities on the network.