Robinhood Chain Surpasses Polygon with Meme Tokens Fueling Growth

The Robinhood Chain has surpassed $1.02 billion in total value locked (TVL) and $93.5 billion in trading volume since its launch on July 1, 2026, making it a notable player in the crypto market.

This growth can be attributed to the success of meme tokens launched from a mass-market launchpad, which have drawn significant attention and investment.

The Robinhood Chain is a layer-2 network built on Arbitrum Orbit, with its data stored on Ethereum and gas paid in ETH. The chain has no token of its own, so it does not have a market capitalization or price.

However, the chain's success has come at a cost, as transaction fees are already falling ahead of the end of the free gas subsidy on September 29. This change may impact the network's growth and usage in the coming days.