Robinhood Chain protocols

This page is the census of the apps running on Robinhood Chain: who holds the money, who does the trading, and who earns the fees. The standard yardstick is value locked, the total worth parked inside an app’s contracts.

Last updated: 11 September 2026.

DefiLlama puts value locked on Robinhood Chain at $917.0m, with stablecoin supply of $1.033bn and 24-hour exchange volume of $1.92bn across 73 venues.

Lending holds the most money

One number in this table hides inside another. Steakhouse manages vaults that live inside Morpho, so its money is already counted in Morpho’s line, and adding the column up double-counts it: the real chain total is $917m. Morpho itself is the lending market behind Robinhood’s Earn product, which is why it is bigger than every exchange on the chain combined.

The fee league inverts the volume league

Share of all fees paid on the chain over 30 days, against share of exchange volume over the same window:

Pons is the story in that table. A memecoin launchpad collects close to a third of every fee paid on the chain while clearing under a twentieth of the trading. Uniswap v4 is the mirror image. The chain’s own sequencer takes 11.3%, and the licence fee flowing back to Arbitrum is visible on-chain as a line of its own. Pons is closed to visitors from the United Kingdom.

Third by volume is GMGN, which is a Telegram trading bot rather than an exchange anybody deployed here on purpose.

Named by Robinhood itself

Robinhood’s documentation carries an ecosystem table, which is the most reliable guide to what the operator considers part of its chain: Alchemy for RPC and account abstraction, Chainlink for oracles, LayerZero for bridging, Fireblocks and BitGo for custody, Paxos for USDG, Uniswap as the public exchange, Rialto as a proprietary market maker and aggregator, Morpho for lending, and Lighter and Arcus for perpetuals. Entropy Advisors, Allium, Zerion and TRM Labs cover analytics and compliance.