Does Robinhood Chain have a native token?

Its documented design has no separate native chain token. Gas is paid in ETH.

Is Robinhood Chain decentralized?

Robinhood operates the sequencer and public RPC. The governance documentation reviewed on 7 September 2026 describes eight council seats, including two for Robinhood. Routine actions require six approvals and a seven-day delay; emergencies require seven approvals. Offchain Labs and Alchemy operate the two permissioned validators.

It depends on the product. Stock Tokens are not available in the US or to US persons. Robinhood Earn's USDG lending began rolling out to eligible US users on 1 July 2026. So a US user might use Earn but not trade Stock Tokens.

Robinhood Chain uses Arbitrum Nitro technology and settles to Ethereum, publishing data in Ethereum blobs. Its Expansion Program licence allocates 10% of protocol net revenue to the Arbitrum ecosystem.

Why does it have such high early transaction counts?

Launch activity coincided with gas subsidies and active token-launch markets. Those conditions should be considered when interpreting transaction and volume figures; the record does not measure each cause’s contribution.

protocol component

Core · Robinhood Chainmainnet

Robinhood Chain

Ethereum Layer 2 for tokenized assets and financial applications.

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Transactions need somewhere to run, applications need shared state, and the result needs a place to settle. Robinhood Chain is an EVM-compatible Layer 2 built on the Arbitrum stack for tokenized assets, crypto applications and onchain finance. It settles to Ethereum, uses ETH for gas, has chain ID 4663, and provides public infrastructure for bridging, smart contracts, oracles and tokenized-stock applications. A chain turns separate transactions into shared state. The execution layer handles the work, while the settlement layer anchors the result. Explore Robinhood Chain on Hood L two. Find the project links, its full description, and the sources behind the listing.

HoodL2 produced this overview independently. It is not an endorsement. Check the listing sources for current details.

HoodL2 project profile11 sourcesReviewed 7 Sept 2026

Overview

Robinhood Chain is an EVM-compatible Layer 2 built on the Arbitrum stack for tokenized assets, crypto applications and onchain finance. It settles to Ethereum, uses ETH for gas, has chain ID 4663, and provides public infrastructure for bridging, smart contracts, oracles and tokenized-stock applications.

Uses

Using eligible tokenized assets and onchain applications.
Building applications with EVM tools on an Ethereum-settled network.

Risks and limitations

Robinhood operates the sequencer and public RPC; protocol changes have separate council controls.
Early metrics reflect launch incentives and speculative activity and should not be extrapolated.
Stock Tokens are RHJ debt securities with issuer and access restrictions.

Metrics

DeFi TVL

$903.1M

Snapshot 2026-09-10

DEX volume (24h)

$1.9B

Snapshot 2026-09-10

Stablecoin market cap

$1B

Snapshot 2026-09-10

Perps volume (24h)

$4.4M

Snapshot 2026-07-13

Block time

101 ms

Snapshot 2026-08-28

Daily transactions

10M tx

Snapshot 2026-08-28

Total addresses

17.1M

Snapshot 2026-08-28

Daily active users

193.5K

Snapshot 2026-07-13

Tokenized stocks

Snapshot 2026-07-13

Key facts

What it is: Robinhood Chain is an EVM-compatible Layer 2 built on the Arbitrum stack for tokenized assets, crypto applications and onchain finance. It settles to Ethereum, uses ETH for gas, has chain ID 4663, and provides public infrastructure for bridging, smart contracts, oracles and tokenized-stock applications.· 95%§
No native token: The documented design uses ETH for gas and has no separate native gas, staking or governance token.· 92%§
Sequencer: A single Robinhood-operated sequencer orders transactions first-come-first-served by arrival time, with no fee-based priority. Robinhood states a direction toward greater decentralization, but the sequencer is centralized at launch.· 88%§
Arbitrum revenue share: The Expansion Program allocates 10% of protocol net revenue: 8% to the Arbitrum DAO and 2% to the Developer Guild.· 88%§
Network identity: Chain ID 4663 (0x1237), RPC rpc.mainnet.chain.robinhood.com, Blockscout explorer at robinhoodchain.blockscout.com, roughly 100ms block times. Public RPC is rate-limited and Robinhood's terms call it unsuitable for production.· 80%§
Launch metrics: Early-July snapshots reported about $132m DeFi TVL, $300m stablecoin supply and $871m in 24-hour DEX volume. One daily TVL change was around 17%; the figures refer to different snapshots and are not current benchmarks.· 82%§
Gas subsidy: Robinhood announced a 90-day launch gas subsidy. Subsidized activity and trading volume do not establish the level of later paid usage.· 85%§
Agentic trading: Robinhood is extending its Agentic Trading (already live for US equities and options) to crypto: eligible US traders can connect an AI model to Robinhood data and tools via Agentic Accounts, rolling out at no extra cost.· 80%§

Key features

EVM applications

Developers can use Ethereum-compatible contracts and tools, subject to documented network differences.

Stock Tokens

RHJ issues tokenized debt securities linked to stocks and ETFs. Wallet access and trading availability depend on the product and user.

Governance

An eight-seat Security Council governs protocol changes. Robinhood’s two seats cannot meet an approval threshold alone.

ETH gas

The chain uses ETH for transaction fees. An announced launch subsidy does not remove underlying gas costs.

People and accounts

Vlad TenevCo-Founder & CEO, Robinhood

@vladtenev

Co-founded Robinhood and announced its chain and tokenization products.

Johann KerbratVP & GM, Robinhood Crypto

@johannkerbrat

Leads Robinhood Crypto and its chain and wallet product work.

RobinhoodPrimary Company Account

@RobinhoodApp

Publishes company and product announcements.

Hood DailyEcosystem data and commentary

@HOODdailyTK

Daily coverage of TVL, new protocol deployments, transaction milestones, and ecosystem metrics.

History

2026-02
Public testnet opens
Robinhood Chain launched a public testnet in February 2026, ahead of mainnet, letting builders deploy against the Arbitrum-stack EVM environment.
2026-07-01
Mainnet and financial applications launch
Public mainnet launched with Stock Tokens, Robinhood Earn (USDG lending on Morpho), day-one partners including Uniswap, Chainlink, Alchemy and BitGo, and planned agentic crypto trading.
2026-07-09
Revenue-share reporting and ARB price movement
Reporting confirmed Robinhood Chain routes 10% of net revenue to Arbitrum (8% DAO, 2% Developer Guild). Coverage reported roughly $568m in one day’s trading volume and a double-digit ARB price move. Their timing does not establish causation.
2026-07-11
OpenSea adds Robinhood Chain
OpenSea announced marketplace support for Robinhood Chain: trading 90+ Stock Tokens, NFTs, and memecoins: widening consumer access beyond DEXs and the Robinhood Wallet.

Frequently asked questions

Does Robinhood Chain have a native token?: Its documented design has no separate native chain token. Gas is paid in ETH.
Is Robinhood Chain decentralized?: Robinhood operates the sequencer and public RPC. The governance documentation reviewed on 7 September 2026 describes eight council seats, including two for Robinhood. Routine actions require six approvals and a seven-day delay; emergencies require seven approvals. Offchain Labs and Alchemy operate the two permissioned validators.
Can US users use it?: It depends on the product. Stock Tokens are not available in the US or to US persons. Robinhood Earn's USDG lending began rolling out to eligible US users on 1 July 2026. So a US user might use Earn but not trade Stock Tokens.
What is it built on?: Robinhood Chain uses Arbitrum Nitro technology and settles to Ethereum, publishing data in Ethereum blobs. Its Expansion Program licence allocates 10% of protocol net revenue to the Arbitrum ecosystem.
Why does it have such high early transaction counts?: Launch activity coincided with gas subsidies and active token-launch markets. Those conditions should be considered when interpreting transaction and volume figures; the record does not measure each cause’s contribution.