Robinhood Chain cleared $100 million in total value locked during its debut week, a milestone that puts this new Ethereum layer-2 firmly on the radar. The raw deposit number stands out, but the bigger story is user behavior.
Unlike many chain launches, where incentives can pull in capital before real usage shows up, Robinhood’s first week also brought roughly $433 million in decentralized exchange volume over a single 24-hour stretch, and more than $1 billion over the week. That briefly put Robinhood Chain ahead of more established venues like Hyperliquid in spot trading flow.
More than 17 million transactions crossed the network, and nearly 350,000 wallet addresses connected in just seven days. Taken together, those signals suggest users were not simply parking assets, they were bridging tokens in and using the chain immediately.
Still, the key question is whether Robinhood Chain can sustain that level of trading activity once the initial launch surge fades and longer-term demand starts to matter.