Robinhood Chain reached $3.1 billion in weekly decentralized exchange (DEX) volume during its first week of operation.
This performance positions the new layer-2 network among the top five chains by DEX activity, according to a Bernstein report.
The network launched on July 1. It has already attracted more than 65,000 users.
Participants currently hold assets including tokenized stocks and stablecoins. While meme coins drove early trading volume, Robinhood plans to focus on tokenized real-world assets, decentralized lending, and perpetual futures.