https://hoodl2.com/articles Sourced, neutral explainers on stablecoins, cross-border payments, regulation, and the chains that move digital dollars. HoodL2 is independent and sourced. en-us Mon, 13 Jul 2026 00:00:00 GMT https://hoodl2.com/articles/robinhood-chain-first-two-weeks-in-data https://hoodl2.com/articles/robinhood-chain-first-two-weeks-in-data The chain Mon, 13 Jul 2026 00:00:00 GMT Two weeks after mainnet, Robinhood Chain's activity is real but concentrated: a handful of protocols hold nearly all the capital, spot DEX volume dwarfs everything else, and the tokenised-equity thesis is still more thesis than volume. A dated reading of the launch numbers. https://hoodl2.com/articles/the-chain-with-no-token https://hoodl2.com/articles/the-chain-with-no-token The chain Mon, 13 Jul 2026 00:00:00 GMT Robinhood Chain launched with no gas coin, no governance token, and no airdrop. That is a strategy, not an omission: value routes through sequencer economics and an Arbitrum revenue share, and the investable thesis is the venue and its distribution, not a ticker. https://hoodl2.com/articles/the-curated-chain https://hoodl2.com/articles/the-curated-chain The chain Mon, 13 Jul 2026 00:00:00 GMT Robinhood Chain is permissionless at its base and tightly curated one layer up. Robinhood didn't build the stack — it selected it: Chainlink for prices, Alchemy for infrastructure, Morpho for lending, Uniswap for spot, Paxos for dollars. The strategy, and its dependency risk. https://hoodl2.com/articles/tokenized-equities-meet-a-permissionless-mempool https://hoodl2.com/articles/tokenized-equities-meet-a-permissionless-mempool Stock Tokens Mon, 13 Jul 2026 00:00:00 GMT Robinhood issues Stock Tokens as carefully wrapped debt securities with Chainlink prices and a legal prospectus. Then it puts them on a permissionless chain where anyone can mint a lookalike. The collision of a curated asset and an open mempool is the chain's defining tension.