YFarmX

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.

Chain ID
4663
eth_chainId · 0x1237
Mean block time
0.102s
5,000-block sample
Value locked
$917.0m
DefiLlama
Stablecoins
$1.03bn
all USD-pegged
DEX volume 24h
$1.92bn
73 venues
Fees paid 24h
$12.5m
all protocols
Stock tokens
194
issuer register
Memecoins tracked
100
$1.05bn combined

Last updated: 11 September 2026.

Editorial collage for Robinhood Chain: a machined metal feather lit green between chain-linked blocks, an Ethereum coin, a stack of plain coins and a torn note reading CHAIN 4663, under the headline ROBINHOOD CHAIN and the line 194 stocks onchain, 0.1s blocks.

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
Robinhood Chain developer documentation, listing the chain as a permissionless Ethereum-compatible Layer 2 built on Arbitrum Dedicated Blockchains, using ETH as its gas token, with a first-come first-served sequencing model and a table of ecosystem partners.
Robinhood’s own documentation is the primary source for the stack, the gas token and the sequencing model. Captured 11 September 2026 fromdocs.robinhood.com/chain.

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
DefiLlama's Robinhood Chain page showing total value locked, stablecoin market value, chain fees and revenue, decentralised exchange volume and the ranked table of protocols on the chain.
The protocol figures come from DefiLlama, read through its API and captured here on the day. defillama.com.

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.

Share of 30-day exchange volume Share of 30-day fees paid
0%10%20%30%40%50%Pons V24.8%30.2%Uniswap V441.0%28.2%Uniswap V326.4%7.3%GMGN10.0%8.0%Uniswap V23.4%1.1%

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

IssuerRobinhood Assets (Jersey) Ltd
Legal formTokenised debt security
StandardERC-20, 18 decimals
PricingChainlink feed, per asset
Mint and burn windowMon 02:00 to Sat 02:00 CET
On-chain trading24/7, window or not
Listed jurisdictionsUS · 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

4.000000000000000000

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.

TokenMultiplierMeaning
CRWD4.000000split
CCL1.021486dividends
SGOV1.005102dividends
KSS1.004610dividends
ORCL1.002211dividends

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.

PoolVolume 24hLiquidity
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.

CoinMarket valueVolume 24h24h
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.
L2Beat's Robinhood Chain project page, showing total value secured, the chain ID 4663, ETH as gas token, and the note that the project is listed under Others because fewer than five external actors can submit challenges.
L2Beat assigns no rollup stage and explains why on the page itself. Captured 11 September 2026 from l2beat.com.

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.