- The Robinhood Chain mainnet went dwell in early July.
- Over three weeks, the undertaking’s TVL, based on EntropyAdvisors, neared $500 million.
- The excessive exercise is pushed by hype round memecoins, however the RWA sector can also be rising.
- Professional Martin Gaspar sees this as a aggressive benefit for the community.
Whole worth locked (TVL) throughout Robinhood Chain community protocols reached $497.8 million as of July 21, 2026, based on an EntropyAdvisors dashboard on Dune Analytics. The blockchain’s mainnet launched earlier this month.
Because the infographic under exhibits, the metric has not seen a single drawdown since July 3, 2026.
That mentioned, DeFiLlama exhibits a special determine — $275.8 million. The discrepancy is because of the truth that EntropyAdvisors’ metric contains all property, together with wrapped ones.
A lot of the quantity proven on the EntropyAdvisors dashboard is in stablecoins — $433.16 million. One other almost $202 million is in Ethereum, whereas tokenized real-world property (RWA) account for $17.76 million.
Of that final determine, greater than $14 million is in equities. The community has additionally generated greater than $1.9 million in charges.
As FalconX strategist Martin Gaspar noted, on some days Robinhood Chain outperformed Base in phrases of exercise. The common variety of transactions and lively addresses stands at 6 million and 250,000, respectively.
Whole buying and selling quantity on decentralized exchanges is over $9 billion, although about 80% of that determine comes from memecoins.
“Robinhood Chain seems able to deliver tens of millions of its customers on-chain and is exploring key crypto expertise capabilities, particularly round RWA. Early exercise thus far factors to robust consumer curiosity, though memecoin buying and selling volumes dominate on DEXs,” the knowledgeable added.
On the identical time, this hype seems to be fading. Earlier, we reported points at no less than two launchpads on the community — Vlad.fun and NOXA.
As Gaspar mentioned, the deal with RWA is a possible aggressive benefit for Robinhood Chain amongst layer-2 options. Nevertheless, the community will face stiff competitors in this house.
The market capitalization of tokenized shares on Robinhood Chain is simply over $14 million. For comparability, Ondo Finance and xStocks stand at $851 million and $481 million, based on RWA.xyz.
