Crypto · Networks · Sub-hub
A stock exchange open around the clock, running on a chain Robinhood built
Robinhood switched on its own blockchain in July. It carries 194US, European and Asian stocks as tradeable tokens, confirms transactionsten times a second, and pays its running costs in ETH. This page covers what runs on it, what it is made of, and the things worth knowing before you touch it.
Last updated: 11 September 2026.

What it is made of
The technical facts of the network at a glance: the technology it is built on, the currency that pays for it, how quickly it confirms transactions, and the addresses developers use to connect to it.
- Built on
- Arbitrum Dedicated BlockchainsAlso known by the framework’s older name, Arbitrum Orbit
- Gas token
- ETHFees are paid in ETH alone. Robinhood has issued no token for this chain
- Data availability
- Ethereum blobsAll data needed to rebuild the state is posted on Ethereum
- Sequencing
- First come, first servedOrder is arrival time at the sequencer, so every transaction waits its turn
- Proving
- Optimistic, whitelisted validatorsA challenge period, and a closed set of proposers
- Accounts
- ERC-4337, first classGas sponsorship, batching and session keys are supported natively
- Gas price
- 0.106 gweiRead at 22:14 UTC; it moves through the day
- Block height
- 60,601,749Roughly 60 million blocks since the July mainnet
- Public RPC
- rpc.mainnet.chain.robinhood.comRate limited. Alchemy is the recommended provider
- Explorer
- robinhoodchain.blockscout.comBlockscout, run for the chain
- Testnet
- 46630Public since 10 February 2026
- Tooling
- Hardhat, Foundry, ethers, viem, wagmiEVM-equivalent: Solidity and Vyper deploy unmodified

The map
The main apps running on the chain, grouped by purpose: where people trade, where they earn interest, where they bet on prices, and the plumbing that moves money in and out. A smallRH tag means Robinhood lists the app as an official partner.
Trade
$1.92bn across 73 venues in 24h · Uniswap takes 70.8% over 30 days- UniswapRHv2, v3 and v4 all live. v4 is the deepest book on the chain; v3 still clears more on a busy day.$252.6mTVL, three versions
- GMGNA Telegram bot, and the third-largest venue by volume. It arrived on its own.10.0%of 30d volume
- PonsUK blockedA memecoin launchpad that earns more in fees than any exchange here.30.2%of all chain fees
- RialtoRHThe proprietary market-maker and aggregator named in Robinhood’s partner table.n/auntracked
- PancakeSwapDeployed and running, at a fraction of the size.$3.2mTVL, AMM v3
Earn
The largest pool of money on the chain, by a wide margin- MorphoRHThe lending market underneath Robinhood’s own Earn product. Bigger than every exchange here combined.$516.0mTVL
- Steakhouse FinancialCurates the risk on those Morpho vaults. Counted inside Morpho’s figure above.$480.4minside Morpho
- Spark SavingsA savings vault, bridged in from the Sky ecosystem.$33.0mTVL
Speculate
$426.2m of perpetual futures in 24h- LighterRHEffectively a rollup running inside a rollup, with books of its own.$73.6mTVL
- ArcusRHPerps and a spot venue. Named by Robinhood before any tracker carried it.$23.3mTVL
- MeridianThe third perps venue, an order of magnitude smaller.$2.5mTVL
Plumbing
$237.6m crossed the bridges in 24h · average hop 8m 8s- RelayThe busiest route in, by a factor of five over the next one.$157.7m24h bridged
- Across · LayerZeroRHThe other two routes carrying real volume. LayerZero is Robinhood’s named bridge partner.$29.6m · $28.3m24h bridged
- Chainlink · Alchemy · PaxosRHPrice feeds, the recommended RPC, and USDG. USDC arrives as USDC and keeps its form.n/ainfrastructure

The inversion
A launchpad takes under a twentieth of the trading and close to a third of the money. This is the most surprising fact on the chain, and it earns the one chart on the page.
Read the top pair. Pons clears a twentieth of the chain’s trading and collects close to a third of everything paid in fees. Uniswap v4, immediately below, is the mirror image: the most volume, and less of the money. The chain’s own sequencer takes 11.3% of fees; the licence fee flowing back to Arbitrum is 1.1%, and it is visible on-chain.
The flagship
194 stock tokens, every one an ERC-20, every one a debt security rather than a share. The interesting part is what happens when the company behind one of them pays a dividend or splits its stock.
The instrument
| Issuer | Robinhood Assets (Jersey) Ltd |
| Legal form | Tokenised debt security |
| Standard | ERC-20, 18 decimals |
| Pricing | Chainlink feed, per asset |
| Mint and burn window | Mon 02:00 to Sat 02:00 CET |
| On-chain trading | 24/7, window or not |
| Listed jurisdictions | US · BM · KY · IL · CA · AU · NL |
Holding one gives you economic exposure to the share price, and that is the full extent of it. The whole of the AMC dispute sits in those few words.
The multiplier, caught working
CrowdStrike Holdings’suiMultiplier(), read today. The company split its stock four for one; the token holder’s raw ERC-20 balance never moved. The multiplier absorbed it, and the wallet redraws itself.
| Token | Multiplier | Meaning |
|---|---|---|
| CRWD | 4.000000 | split |
| CCL | 1.021486 | dividends |
| SGOV | 1.005102 | dividends |
| KSS | 1.004610 | dividends |
| ORCL | 1.002211 | dividends |
A whole number is a split. A fraction is accrued dividends. 19 of the 194 have moved off 1.0.
Where the stock tokens actually trade
The busiest pools on the chain, read from GeckoTerminal. Stock tokens pair against USDG, Paxos’s dollar, rather than against ETH.
| Pool | Volume 24h | Liquidity |
|---|---|---|
| USDG / WETH 0.01% | $783.0m | $28.3m |
| FLYBRAIN / USDG 0.9% | $44.0m | $568k |
| WETH / USDG 0.01% | $35.3m | $709k |
| WETH / USDG 0.01% | $33.3m | $1.1m |
| NVDA / USDG 0.05% | $30.5m | $7.9m |
| USDG / WETH 0.05% | $29.6m | $4.9m |
The casino next door
Alongside the tokenised equities sits a memecoin market worth $1.05bn across 100 tracked coins, trading $397.5m in a day. Several are paired directly against a tokenised stock, which is the mechanism that makes this chain different from every other memecoin venue.
| Coin | Market value | Volume 24h | 24h |
|---|---|---|---|
| AI Artificial Inu | $265.6m | $44.8m | +22.8% |
| CASHCAT Cash Cat | $177.0m | $30.6m | +7.6% |
| HOOD GreenHood | $54.0m | $11.0m | +2.5% |
| AMC A Meme Coin | $53.4m | $23.6m | -8.6% |
| CHUMP Chump Coin | $45.8m | $4.8m | +4.3% |
| DEGEN Degen | $38.3m | $2.9m | +0.2% |
Seven of them trade more in a day than the whole coin is worth. Little John turns over 9.7× its own market value in 24 hours. Treat every figure in this table as a snapshot of a market that reprices by the hour.
Where to be careful
Things to weigh first
- StageL2Beat files it under “Others”, outside the rollup stages. Its stated reason: fewer than five external actors can challenge a bad state, so a small group could collude with the proposer to finalise one. 39.8% of the value secured carries additional trust assumptions.
- LegalA stock token is a debt security issued from Jersey. It tracks the share price and stops there. The company whose name is on it keeps every shareholder right, and its agreement was never required.
- NamesTicker collisions are the standing hazard. Same-named tokens exist on other chains for most of the memecoins here. Verify on the chain’s own explorer, which flags genuine Robinhood-issued tokens; a ticker search on its own will mislead you.
- AccessPons is closed to the United Kingdom, which places the chain’s largest fee earner out of reach for British readers.

Go deeper
Go and look
Figures refresh from scripts/verify-robinhood-chain.mjs. Register of all 194 stock tokens with contract addresses ships with the site data.