# Robinhood Chain *A permissionless Arbitrum-stack Ethereum L2 for tokenized stocks — ETH for gas, no native token, one Robinhood sequencer.* Robinhood Chain is the rare new L2 that arrives with its distribution problem already solved. Robinhood brings tens of millions of funded accounts and a retail brand to a chain built around one thesis: tokenized equities as a native, 24/7, composable asset class, wrapped in a curated DeFi stack — Uniswap for spot, Morpho for lending and Robinhood Earn, Lighter and Arcus for perps, Chainlink for prices, Paxos's USDG for dollars. That combination — audience, tokenized stocks, and a hand-picked venue set — is the moat, not the technology, which is standard Arbitrum Nitro. The deliberate choices are strategic. No native token removes the speculative-gas-token distraction and part of the regulatory surface; ETH-for-gas and Ethereum settlement borrow credibility; routing 10% of net revenue to Arbitrum buys a maintained stack rather than a forked one. The bet is that boring infrastructure for regulated assets beats another general-purpose chain. The counterweight is honesty about what launch metrics mean. The chain is days old. Early TVL near $132m, a 24h DEX figure approaching $871m, and eight-figure daily transaction counts are turbocharged by a 90-day gas subsidy and speculative memecoin activity, and they concentrate hard: the canonical bridge and Morpho together hold most of the value, and Uniswap is nearly all of the DEX volume. Permissionless is a branding claim more than an operational one — Robinhood runs the single sequencer and the public RPC, and the network is centralized at launch with only a stated direction toward decentralization. The genuinely differentiated asset, Stock Tokens, is legally a debt instrument issued from Jersey and unavailable to US persons, which caps the addressable market and is the thing to watch. Read Robinhood Chain not as a crypto-native experiment but as a regulated broker extending its rails onchain, with the ambition and the constraints that implies. ## At a glance - **Type:** protocol component - **Category:** protocol-core - **Status:** mainnet - **Website:** https://robinhood.com/chain ## Key facts - **What it is:** A permissionless, EVM-compatible Ethereum Layer 2 built on the Arbitrum stack (Arbitrum Dedicated Blockchains / Nitro), with public mainnet live 1 July 2026. Purpose-built for tokenized equities, stablecoins, lending, perps, and agentic trading. _(confidence 95%)_ - **No native token:** There is no native chain token — no gas token of its own, no staking, no governance. Gas is paid in ETH, unlike most Arbitrum Orbit chains that deploy a custom gas token. _(confidence 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. _(confidence 88%)_ - **Arbitrum revenue share:** Under the Arbitrum Expansion Program, the chain routes 10% of net protocol revenue to Arbitrum — 8% to the Arbitrum DAO treasury and 2% to the Arbitrum Developer Guild. The fee-share news drove an ARB rally in early July 2026. _(confidence 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. _(confidence 80%)_ - **Launch metrics:** Early July 2026: DeFi TVL ~$132m, stablecoin market cap ~$300m (USDG-led), a 24h DEX volume figure near $871m. TVL jumped ~17% in a single 24h window — the chain is days old and the figures are snapshots, not benchmarks. _(confidence 82%)_ - **Gas subsidy:** Robinhood covered gas on the chain — swaps, bridge transactions, and zero-fee perps — for the first 90 days after launch, materially inflating early transaction and volume counts. _(confidence 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. _(confidence 80%)_ ## Metrics - **DeFi TVL:** $331.6M - **DEX volume (24h):** $417M - **Stablecoin market cap:** $481M - **Perps volume (24h):** $4.4M - **Block time:** 101 ms - **Daily transactions:** 7.1M tx - **Total addresses:** 4.5M - **Daily active users:** 193.5K - **Tokenized stocks:** 98 ## Related entities - [Arbitrum](https://hoodl2.com/entity/arbitrum) — builds on - [Ethereum](https://hoodl2.com/entity/ethereum) — builds on - [Robinhood](https://hoodl2.com/entity/robinhood) — partners - [Chainlink](https://hoodl2.com/entity/chainlink) — integrates - [Robinhood Chain Bridge](https://hoodl2.com/entity/robinhood-chain-bridge) — builds on - [Stock Tokens](https://hoodl2.com/entity/stock-tokens) — builds on - [USDG (Global Dollar)](https://hoodl2.com/entity/usdg) — builds on - [Wrapped Ether (WETH)](https://hoodl2.com/entity/weth) — builds on - [Morpho](https://hoodl2.com/entity/morpho) — builds on - [Uniswap](https://hoodl2.com/entity/uniswap) — builds on - [Arcus](https://hoodl2.com/entity/arcus) — builds on - [Lighter](https://hoodl2.com/entity/lighter) — integrates - [Rialto](https://hoodl2.com/entity/rialto) — builds on - [NOXA Fun](https://hoodl2.com/entity/noxa-fun) — builds on - [Sentry](https://hoodl2.com/entity/sentry) — builds on - [Meridian Predict](https://hoodl2.com/entity/meridian-predict) — builds on - [PancakeSwap](https://hoodl2.com/entity/pancakeswap) — builds on - [Sheriff](https://hoodl2.com/entity/sheriff) — builds on - [RobinSwap](https://hoodl2.com/entity/robinswap) — builds on - [DexFi Aggregator](https://hoodl2.com/entity/dexfi) — builds on - [OpenSea](https://hoodl2.com/entity/opensea) — integrates - [Yorozu](https://hoodl2.com/entity/yorozu) — builds on - [Bullseye](https://hoodl2.com/entity/bullseye) — builds on - [Chainlink](https://hoodl2.com/entity/chainlink) — integrates - [LayerZero](https://hoodl2.com/entity/layerzero) — integrates - [Across](https://hoodl2.com/entity/across) — integrates - [0x](https://hoodl2.com/entity/0x) — integrates - [Alchemy](https://hoodl2.com/entity/alchemy) — integrates - [Blockscout](https://hoodl2.com/entity/blockscout) — powered by - [Allium](https://hoodl2.com/entity/allium) — integrates - [Zerion](https://hoodl2.com/entity/zerion) — integrates - [Fireblocks](https://hoodl2.com/entity/fireblocks) — partners - [BitGo](https://hoodl2.com/entity/bitgo) — integrates - [Paxos](https://hoodl2.com/entity/paxos) — integrates - [TRM Labs](https://hoodl2.com/entity/trm-labs) — integrates - [Robinhood Wallet](https://hoodl2.com/entity/robinhood-wallet) — integrates - [Arbitrum](https://hoodl2.com/entity/arbitrum) — partners - [Relay Protocol](https://hoodl2.com/entity/relay-protocol) — integrates - [Robinhood](https://hoodl2.com/entity/robinhood) — partners - [LI.FI](https://hoodl2.com/entity/lifi) — integrates - [QuickNode](https://hoodl2.com/entity/quicknode) — integrates - [Blockdaemon](https://hoodl2.com/entity/blockdaemon) — integrates - [dRPC](https://hoodl2.com/entity/drpc) — integrates - [Validation Cloud](https://hoodl2.com/entity/validation-cloud) — integrates - [Robinscan](https://hoodl2.com/entity/robinscan) — integrates - [Dune](https://hoodl2.com/entity/dune) — integrates - [CoinGecko](https://hoodl2.com/entity/coingecko) — integrates - [DefiLlama](https://hoodl2.com/entity/defillama) — integrates - [L2BEAT](https://hoodl2.com/entity/l2beat) — integrates - [Trust Wallet](https://hoodl2.com/entity/trust-wallet) — integrates - [SafePal](https://hoodl2.com/entity/safepal) — integrates - [Phantom](https://hoodl2.com/entity/phantom) — integrates - [MetaMask](https://hoodl2.com/entity/metamask) — integrates - [Ethereum](https://hoodl2.com/entity/ethereum) — partners ## Sources 1. [Robinhood Accelerates Global Expansion with Robinhood Chain Mainnet](https://robinhood.com/us/en/newsroom/robinhood-accelerates-global-expansion-robinhood-chain-mainnet-stock-tokens-agentic-trading/) — Robinhood 2. [Robinhood Chain mainnet is live, built with the Arbitrum Platform](https://blog.arbitrum.io/robinhood-chain-mainnet/) — Arbitrum 3. [About Robinhood Chain — Documentation](https://docs.robinhood.com/chain/) — Robinhood 4. [Robinhood Chain goes live on mainnet alongside 24/7 tokenized stocks, Lighter perps](https://www.theblock.co/post/406918/robinhood-chain-goes-live-mainnet-alongside-24-7-tokenized-stocks-lighter-perps-planned-crypto-agentic-trading) — The Block 5. [What Is Robinhood Chain? The Ethereum Layer-2 Network for Tokenized Stocks](https://decrypt.co/resources/what-robinhood-chain-ethereum-layer-2-network-tokenized-stocks) — Decrypt 6. [Arbitrum to receive 10% of fees from Robinhood Chain and other L2s](https://cryptobriefing.com/arbitrum-robinhood-chain-fee-sharing/) — Crypto Briefing 7. [Arbitrum to Capture 10% of Robinhood Chain Net Revenue](https://en.coinotag.com/arbitrum-10-percent-robinhood-chain-net-revenue) — COINOTAG 8. [Robinhood Chain — DeFi TVL, Fees & Revenue](https://defillama.com/chain/robinhood-chain) — DefiLlama 9. [Robinhood Chain TVL surpasses $130M, up 17% in 24 hours](https://cryptobriefing.com/robinhood-chain-tvl-surpasses-130m/) — Crypto Briefing 10. [Robinhood Chain Launches Public Testnet](https://robinhood.com/us/en/newsroom/robinhood-chain-launches-public-testnet/) — Robinhood --- Last reviewed: 13 Jul 2026 Canonical: https://hoodl2.com/entity/robinhood-chain Source: HoodL2 (https://hoodl2.com) — an independent, sourced reference for the Robinhood Chain ecosystem. Not affiliated with Robinhood Markets or its subsidiaries.