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Robinhood Chain hits $791M TVL, surpasses Solana in daily revenue within 60 days of launch

Protocol Fundamentals
05 Sep 2026
Crypto news
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Bullish
Robinhood Chain hits $791M TVL, surpasses Solana in daily revenue within 60 days of launch

Robinhood Chain launched on July 1, 2026, as an Arbitrum Orbit Layer 2 and quickly grew to $791 million in total value locked (TVL) within 60 days. It surpassed Solana in daily revenue, generating $4.01 million compared to Solana's $78,000 on the same day, driven by high trading volumes in tokenized stocks and memecoins. The chain benefits from seamless integration with Robinhood's 24 million brokerage users, eliminating onboarding friction common in other crypto platforms. The upcoming end of a 90-day gas subsidy on September 29 will test user retention and long-term viability, while regulatory clarity and continued product innovation could sustain its growth.

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