Robinhood reports $15 billion in stock token trading as chain hits 100 days

In its first 100 days following a July 1, 2026 mainnet launch, Robinhood Chain accumulated $15 billion in stock token trading volume and 200,000 token holders across 120 jurisdictions. Built on Arbitrum Orbit as an Ethereum Layer-2, the network captured 42% of September 2026 on-chain equity volume while competing against Solana and BNB Chain. DeFi protocol Morpho recorded $1.1 billion deposited, though U.S., U.K., and Canadian users remain excluded.

Network milestones and trading metrics

• ▪Robinhood Chain captured $6.57 billion in stock token trading volume in September 2026, representing roughly 42% of monthly on-chain equity trading volume
• ▪Robinhood reported $15 billion in cumulative stock token trading volume during the first 100 days of Robinhood Chain's operation
• ▪Robinhood reported that its stock tokens reached approximately 200,000 holders within the first 100 days of Robinhood Chain's launch
• ▪Robinhood Chain launched its mainnet on July 1, 2026, and surpassed 100 days of operation by mid-October 2026

Stock token structure and mechanisms

• ▪Each Robinhood Stock Token is backed 1:1 by underlying equity held in custody, offering price exposure to U.S. stocks and ETFs without voting or ownership rights
• ▪Robinhood Stock Tokens trade around the clock on decentralized exchanges, including Uniswap
• ▪Robinhood Stock Tokens are structured as ERC-20 tokenized debt securities issued by Robinhood Assets (Jersey) Limited

Morpho integration and lending activity

• ▪Users on Robinhood Chain post stock tokens as collateral for loans or deposit them into Morpho vaults and lending markets
• ▪Lending protocol Morpho reported approximately $1.1 billion in total deposits on Robinhood Chain through its platform dashboard

Technical architecture and deployment rationale

• ▪Robinhood Chain operates as an Ethereum Layer-2 network built on the Arbitrum Orbit stack, utilizing ETH for gas fees and featuring block times under 100 milliseconds
• ▪Robinhood built Robinhood Chain on Arbitrum Orbit to maintain direct control over settlement while remaining connected to Ethereum liquidity and infrastructure

Tokenized equity competition

• ▪BNB Chain and Solana are actively chasing tokenized equity activity alongside Robinhood Chain
• ▪Robinhood Chain secured a 42% share of on-chain equity volume in September 2026, positioning it against competing networks including BNB Chain and Solana

Geographic availability and restrictions

• ▪The United States, United Kingdom, and Canadian markets restricted from accessing Robinhood Stock Tokens on Robinhood Chain represent a large share of Robinhood's existing customer base
• ▪Robinhood Stock Tokens on Robinhood Chain are available across more than 120 jurisdictions globally, but restricted in the United States, United Kingdom, and Canada