{"id":34160,"date":"2026-07-10T20:26:42","date_gmt":"2026-07-10T20:26:42","guid":{"rendered":"https:\/\/bitunikey.com\/news\/robinhood-chain-surpasses-70m-in-bridged-ether-after-launch\/"},"modified":"2026-07-10T20:26:52","modified_gmt":"2026-07-10T20:26:52","slug":"robinhood-chain-surpasses-70m-in-bridged-ether-after-launch","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/robinhood-chain-surpasses-70m-in-bridged-ether-after-launch\/","title":{"rendered":"Robinhood Chain surpasses $70M in bridged Ether after launch"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum\u2019s role as the settlement layer behind the brokerage\u2019s new tokenized finance network.<\/p>\n<div id=\"cn-block-summary-block_1112c5ce6e61e08e35d720c609f907ab\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Robinhood Chain has attracted more than $70 million in bridged Ether within its first week after launch.<\/li>\n<li>Daily Uniswap trading volume has reached $500 million while total value locked has climbed above $106 million, supported by institutional liquidity.<\/li>\n<li>Token Terminal said continued adoption of Robinhood Chain could create a meaningful new source of demand for Ether.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Data from Token Terminal showed the Arbitrum-based layer-2 network crossed the milestone after launching on July 1, with the analytics platform saying continued adoption could make the chain \u201ca meaningful new source of demand for ETH.\u201d<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">ETH bridged from <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/ethereum?ref_src=twsrc%5Etfw\">@ethereum<\/a> (L1) to Robinhood Chain (L2) is up by ~70x in the past week, surpassing $70M<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/RobinhoodApp?ref_src=twsrc%5Etfw\">@RobinhoodApp<\/a> Chain uses ETH as its native gas token<\/p>\n<p>If adoption continues, the chain could become a meaningful new source of demand for ethereum:native <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/ihvgnut9Hz\">pic.twitter.com\/ihvgnut9Hz<\/a><\/p>\n<p>\u2014 Token Terminal \ud83d\udcca (@tokenterminal) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/tokenterminal\/status\/2075223535627239527?ref_src=twsrc%5Etfw\">July 9, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Robinhood introduced the EVM-compatible network as an \u201cAI-native\u201d blockchain built for real-world assets, using ETH as its native gas token. The launch coincided with the company\u2019s rollout of tokenized US stocks to customers in more than 120 countries, expanding its push into blockchain-based financial products.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Recent on-chain data also points to rapid ecosystem growth. Earlier this week, DeFiLlama data showed Robinhood Chain\u2019s total value locked had climbed above $106 million after large institutional deposits into the Morpho lending protocol, while daily Uniswap trading volume reached $500 million, placing the network behind only Ethereum mainnet over the same period.<\/p>\n<h2 class=\"wp-block-heading\">Ethereum demand grows alongside Robinhood Chain activity<\/h2>\n<p>Alongside the rise in bridged assets, Token Terminal said Robinhood Chain has been converting liquidity into on-chain activity. According to the firm, daily active users reached 194,000 while daily revenue climbed to about $39,000, implying an annualized run rate of roughly $14 million.<\/p>\n<p>DeFiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/robinhood-chain-bridge?denomination=ETH\" target=\"_blank\" rel=\"nofollow\">reported<\/a> similar growth, showing the network held 46,748 ETH, worth about $83 million at current prices, before TVL later expanded beyond $100 million. The platform added that inflows on Thursday alone totaled 31,855 ETH, or roughly $55 million.<\/p>\n<p>Commenting on the network\u2019s activity, Uniswap founder Hayden Adams <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/haydenzadams\/status\/2075405622321827844\" target=\"_blank\" rel=\"nofollow\">said<\/a> most transactions on Robinhood Chain are denominated in ETH.<\/p>\n<p>\u201cIt\u2019s the base pair for trading, the highest volume asset, and the gas token to pay for blockspace,\u201d Adams wrote, adding that the network also burns ETH on Ethereum\u2019s mainnet to cover data storage costs.<\/p>\n<p>Institutional participation has also accelerated liquidity growth. According to DeFiLlama, nearly $90 million of the chain\u2019s locked value is held on Morpho, where Robinhood Earn offers around 7% annual percentage yield on USDG deposits. The biggest contribution came from Ethena, which deposited $50 million into a Steakhouse Financial-managed USDG vault in a single transaction.<\/p>\n<h2 class=\"wp-block-heading\">Institutional flows support early momentum<\/h2>\n<p>The growing activity comes as Robinhood continues expanding its tokenized finance ecosystem. Trading on the network has centered on Wrapped Ether (WETH), memecoins, and tokenized equities including NVDA, AAPL, and GOOG, while Robinhood launched the chain with support for Uniswap\u2019s v2, v3, v4, and UniswapX infrastructure.<\/p>\n<p>RWA.xyz <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.rwa.xyz\/\" target=\"_blank\" rel=\"nofollow\">data<\/a> shows Ethereum and its layer-2 networks account for more than half of the tokenized real-world asset market, giving Robinhood Chain access to an ecosystem that already dominates the sector.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum\u2019s role as the settlement layer behind the brokerage\u2019s new tokenized finance network.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=34160"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34160\/revisions"}],"predecessor-version":[{"id":34161,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34160\/revisions\/34161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/31955"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=34160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=34160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=34160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}