Robinhood Chain DEX Volume Jumps to $1.6 billion

In brief

• Robinhood Chain generated $1.595 billion in 24-hour DEX volume.
• DeFi TVL reached $738.11 million.
• Stablecoin market capitalization rose to $796.74 million.

Daily trading volume on Robinhood Chain’s decentralized exchanges jumped 61% between Aug. 28 and Sept. 1, rising from $989 million to $1.595 billion, according to DeFiLlama.

The Ethereum Layer 2 also held $738.11 million in DeFi deposits and nearly $797 million in stablecoins as of Sept. 1. Separately, DeFiLlama recorded $353.96 million in daily perpetual futures volume and $2.524 billion in assets bridged to the network.

Each figure covers a different category. DEX volume measures spot trades made through blockchain applications instead of centralized exchanges. Total value locked, or TVL, tracks assets deposited in DeFi protocols. Bridged value includes assets moved onto Robinhood Chain whether or not they have been deposited into those applications.

After entering public testing in February 2026, Robinhood Chain launched its Arbitrum-powered mainnet on July 1. The network supports round-the-clock trading of tokenized stocks, which eligible users can lend or use as collateral.

Trading took off during the first week of July. The network processed more than 17 million transactions, drew nearly 350,000 addresses, and generated over $1 billion in cumulative DEX volume.