{"id":75346,"date":"2026-07-13T15:07:16","date_gmt":"2026-07-13T15:07:16","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/l2-posts-more-than-3-billion-in-dex-volume-with-7-million-daily-transfers\/"},"modified":"2026-07-13T15:07:16","modified_gmt":"2026-07-13T15:07:16","slug":"l2-posts-more-than-3-billion-in-dex-volume-with-7-million-daily-transfers","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/l2-posts-more-than-3-billion-in-dex-volume-with-7-million-daily-transfers\/","title":{"rendered":"L2 Posts More Than $3 Billion in DEX Volume With 7 Million Daily Transfers"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Robinhood Chain generated over $3 billion in decentralized exchange ( DEX) platform volume over its first full week, according to defillama.com.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Morpho Blue holds $89.04 million of the chain\u2019s $139.78 million in total value locked.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Just $13 million sits in tokenized stocks, while weekly DEX volume has already stretched into the billions.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>The Arbitrum Orbit layer two ( <span>L2<\/span>) network launched its public mainnet on July 1, during Robinhood\u2019s \u201cThe World Is Flat\u201d event in London. CEO Vlad Tenev introduced the chain as infrastructure for tokenized real-world assets ( <span>RWAs<\/span>), backed by launch partners including Uniswap, <a href=\"https:\/\/news.bitcoin.com\/chainlink-and-over-10-korean-lenders-push-to-kill-fx-delays-with-real-time-settlement\/\">Chainlink<\/a>, Bitgo and Morpho. Robinhood\u2019s existing customer base helped fuel the early numbers.<\/p>\n<p>The company explained that it serves nearly 28 million customers across 38 countries, and Stock Tokens became available in more than 120 countries, subject to local jurisdiction. Robinhood also advertised no commission fees on the chain and covered user <span>gas<\/span> costs during an initial period, lowering the barrier for existing app users to move onto the network quickly.<\/p>\n<h2>Transactions and User Activity Accelerate<\/h2>\n<p>By July 13, Growthepie <a href=\"https:\/\/www.growthepie.com\/chains\/robinhood\" target=\"_blank\" rel=\"noopener noreferrer\">recorded<\/a> 7 million daily transactions and 295,900 daily active addresses on the network. Blockscout\u2019s explorer <a href=\"https:\/\/robinhoodchain.blockscout.com\" target=\"_blank\" rel=\"noopener noreferrer\">showed<\/a> a higher count of 10.83 million daily transactions, while L2beat <a href=\"https:\/\/l2beat.com\/scaling\/summary\" target=\"_blank\" rel=\"noopener noreferrer\">measured<\/a> 7.10 million daily transfers. The three providers use different counting methods, but each points to the same outcome: Robinhood Chain moved from a fresh launch to a high-throughput network within two weeks.<\/p>\n<p>In a recent <a href=\"https:\/\/tokenterminal.com\/resources\/newsletter\/robinhood-chain-s-first-week-in-data\" target=\"_blank\" rel=\"noopener noreferrer\">newsletter<\/a>, Token Terminal tracked that growth curve directly. Daily transactions on Robinhood Chain rose from about 680,000 to 7 million during the first week. Daily active users climbed from 33,000 to 194,000. Daily revenue increased from $4,000 to $39,000, and average block time dropped from 580 milliseconds to roughly 100 milliseconds.<\/p>\n<h2>Uniswap Dominates While Cash Cat Fuels Trading<\/h2>\n<p>Uniswap\u2019s dedicated Robinhood Chain pool absorbed nearly all of that trading. Defillama <a href=\"https:\/\/defillama.com\/chain\/robinhood-chain\" target=\"_blank\" rel=\"noopener noreferrer\">figures<\/a> show Uniswap generated $868.03 million in 24-hour <span>volume<\/span> and $3.097 billion over seven days. Arcus, Pancakeswap, Rialto and Robinswap combined for a fraction of that total, with Arcus posting $5.12 million in weekly <span>volume<\/span> and Pancakeswap adding $3.22 million.<\/p>\n<p>Much of that activity traced back to <a href=\"https:\/\/markets.bitcoin.com\/crypto\/cash-cat\" target=\"_blank\" rel=\"noopener noreferrer\">cash cat (CASHCAT)<\/a>, a <span>meme coin<\/span> that became the chain\u2019s dominant attention driver. Market data shows cash cat\u2019s <span>market cap<\/span> near $144.6 million, with $34.8 million in 24-hour <span>trading volume<\/span>.<\/p>\n<figure id=\"attachment_830731\" aria-describedby=\"caption-attachment-830731\" style=\"width:1528px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-830731\" class=\"wp-caption-text\">Cash cat (CASHCAT) <span>meme coin<\/span> from Robinhood Chain via markets. <span>bitcoin.com<\/span>.<\/figcaption><\/figure>\n<p>A wallet linked to trader Ansem reportedly <a href=\"https:\/\/x.com\/lookonchain\/status\/2074730400388444557?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">moved<\/a> $233,000 into the token, and cash cat later gained perpetual futures listings that added another layer of speculation. Tenev acknowledged the pattern, noting that a network built for real-world assets ( <span>RWAs<\/span>) also works well for meme trading.<\/p>\n<h2>Morpho Leads TVL and Lending Growth<\/h2>\n<p>Robinhood Chain\u2019s total value locked reached $139.78 million, up 11.64% over 24 hours, defillama.com chain logs show. Morpho Blue accounted for $89.04 million of that figure, with active loans on the network totaling $100.93 million, almost entirely tied to Morpho. Uniswap held $44.87 million in TVL, and NOXA Fun, a token launchpad, added $10.92 million.<\/p>\n<figure id=\"attachment_830725\" aria-describedby=\"caption-attachment-830725\" style=\"width:1672px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-830725 size-full\" title=\"Robinhood Chain Surges: L2 Posts More Than $3 Billion in DEX Volume With 7 Million Daily Transfers\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d.png\" alt=\"Defillama stats for Robinhood Chain. \" width=\"1672\" height=\"941\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-300x169.png 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-1024x576.png 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-768x432.png 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-1536x864.png 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-190x107.png 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-380x214.png 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-760x428.png 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-1520x855.png 1520w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d-1280x720.png 1280w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/fa817e09-148f-4670-b7eb-574d26b96f5d.png 1672w\" sizes=\"auto, (max-width: 1672px) 100vw, 1672px\"\/><figcaption id=\"caption-attachment-830725\" class=\"wp-caption-text\">Robinhood Chain stats via the network\u2019s first week via defillama.com logs.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/news.bitcoin.com\/ethena-scores-480b-tradfi-partner-as-janus-henderson-commits-to-usde\/\">Ethena<\/a> reportedly seeded about $50 million into a Steakhouse-curated USDG vault on Morpho, adding structured, yield-seeking capital to the network\u2019s early <span>liquidity<\/span>. Robinhood Earn routes user deposits into that same vault, offering an estimated 7% annual yield through a self-custody wallet.<\/p>\n<h2>Stablecoins and Bridge Activity Expand<\/h2>\n<p> <span>Stablecoin<\/span> supply on <a href=\"https:\/\/news.bitcoin.com\/robinhood-chain-tops-560-million-in-daily-dex-volume-fueled-by-meme-coin-boom\/\">Robinhood Chain<\/a> reached $294.42 million, with USDG making up 66% of that total, defillama.com figures show. Bridged value into the network totaled $439.58 million, split between $293.79 million in native assets and $145.79 million moved through canonical bridges. L2beat recorded around 246,850 bridge transfers and $19.63 million in net inbound flow, with Ethereum to Robinhood Chain as the busiest route.<\/p>\n<h2>Tokenized Stocks Remain a Small Piece of the Ecosystem<\/h2>\n<p>Tokenized stock activity remains small next to those numbers. Defillama places Robinhood Chain\u2019s real-world asset <span>market cap<\/span> at $12.67 million, and Coingecko\u2019s Stocks Ecosystem page shows a similar $12.6 million figure. More than 65,000 users hold about $13 million in tokenized stocks, compared with roughly $300 million in <span>stablecoins<\/span> and $3.1 billion in weekly <span>DEX<\/span> <span>volume<\/span>.<\/p>\n<h2>Daily Metrics Show Momentum Holding<\/h2>\n<p>Daily snapshots show that early momentum held rather than faded. On July 8, the network logged $563.9 million in <span>DEX<\/span> <span>volume<\/span>, 193,187 daily active addresses, and more than 140,000 first-time users, alongside over 16,000 newly launched tokens.<\/p>\n<p>By July 10, <span>DEX<\/span> <span>volume<\/span> climbed to $846.8 million and active addresses reached 306,893, with 153,332 new users nearly matching the day\u2019s returning wallet count. <span>Volume<\/span> stayed near that level through July 13, when defillama.com recorded $868.69 million in 24-hour trading.<\/p>\n<h2>Fees Rise as Infrastructure Support Grows<\/h2>\n<p>Chain-level fees totaled $116,284 over 24 hours and $709,137 over seven days, defillama.com stats show, while chain revenue registered at zero, since collected fees are currently directed elsewhere in the network\u2019s fee structure. App-level fees, a separate measure tied to trading activity across protocols, reached $4.24 million over the same 24-hour period.<\/p>\n<figure id=\"attachment_830733\" aria-describedby=\"caption-attachment-830733\" style=\"width:1304px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-830733 size-full\" title=\"Robinhood Chain Surges: L2 Posts More Than $3 Billion in DEX Volume With 7 Million Daily Transfers\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/screenshot-2026-07-13-at-10-03-52-am.png\" alt=\"Opensea X post. \" width=\"1304\" height=\"496\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/screenshot-2026-07-13-at-10-03-52-am-300x114.png 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/screenshot-2026-07-13-at-10-03-52-am-1024x389.png 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/screenshot-2026-07-13-at-10-03-52-am-768x292.png 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/screenshot-2026-07-13-at-10-03-52-am.png 1304w\" sizes=\"auto, (max-width: 1304px) 100vw, 1304px\"\/><figcaption id=\"caption-attachment-830733\" class=\"wp-caption-text\">Image source: Opensea via X.<\/figcaption><\/figure>\n<p>Opensea <a href=\"https:\/\/x.com\/opensea\/status\/2074565480539447754?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">added<\/a> support for Robinhood Chain on July 11, letting users trade stock tokens, <span>NFTs<\/span>, and <span>meme coins<\/span> on its platform. Chainalysis <a href=\"https:\/\/x.com\/chainalysis\/status\/2072403649477636187?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">added<\/a> automatic token support and monitoring coverage, and Dune Analytics made the network <a href=\"https:\/\/dune.com\/blog\/robinhood-chain-is-live-on-dune\" target=\"_blank\" rel=\"noopener noreferrer\">queryable<\/a> on July 9. Those additions extend Robinhood Chain\u2019s reach even as its <span>NFT<\/span> <span>volume<\/span> stays modest. Robinhood Punks <a href=\"https:\/\/opensea.io\/collection\/robinhood-punks\" target=\"_blank\" rel=\"noopener noreferrer\">recorded<\/a> 85.64 <span>ETH<\/span> in total <span>volume<\/span>, and Robinhood Apes <a href=\"https:\/\/opensea.io\/collection\/robinhood-apes-nft\" target=\"_blank\" rel=\"noopener noreferrer\">logged<\/a> around 11.96 <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a>, per Opensea stats.<\/p>\n<h2>The Next Challenge for Robinhood Chain<\/h2>\n<p>The next test for Robinhood Chain is whether tokenized stock and lending activity can grow enough to match the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-memecoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">memecoin<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> that carried its first two weeks. growthepie has warned that active address counts can be inflated by incentive-driven wallet activity, and a meaningful share of current <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> depends on Cashcat holding investor interest. Traders watching the network will likely track whether Morpho\u2019s lending base and Robinhood\u2019s stock token rollout can outlast the meme cycle that built its early numbers.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/robinhood-chain-surges-l2-posts-more-than-3-billion-in-dex-volume-with-7-million-daily-transfers\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Robinhood Chain generated over $3 billion in decentralized exchange ( DEX) platform volume over its first full week, according to defillama.com. Morpho Blue holds $89.04 million of the chain\u2019s $139.78 million in total value locked. Just $13 million sits in tokenized stocks, while weekly DEX volume [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":75347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75346"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75346"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75347"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}