Trading on the Ethereum Layer 2 climbed 61% in a matter of days as DeFi deposits and stablecoin holdings approached $800 million.
- Robinhood Chain's decentralized exchange (DEX) volume surged 61% to $1.6 billion in early September 2026, driven by DeFi deposits and stablecoin holdings approaching $800 million.
- The Arbitrum-powered Ethereum Layer 2, launched in July 2026, has seen significant growth in transactions, user addresses, and total value locked (TVL) since its mainnet debut.
- While initially pitched for tokenized stocks, meme coins have become a primary driver of activity on the platform, reflecting a strategy to balance traditional financial products with speculative tokens.
Topics: Blockchain usage, Scalability, Institutional adoption, Layer 2 scaling, Growth metrics, Asset manager initiatives
Tags: #robinhoodchain #dexvolume #ethereumlayer2 #defideposits #stablecoins #arbitrum #tokenizedstocks #memecoins #tvl
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