Robinhood Chain posts $34.6B DEX volume

Robinhood Crypto said on September 1 that Robinhood Chain had reached $34.6 billion in decentralized-exchange, or DEX, volume and $1.27 billion in total value locked, according to a post on X. The same post said the network had processed 576 million transactions and supported more than 190 stock tokens with more than $3 billion in trading volume. DefiLlama lists Robinhood Chain as a tracked blockchain with live dashboards for DEX volume, total value locked, fees, transactions and other on-chain metrics. Dune also lists Robinhood Chain activity dashboards and showed weekly transactions above 94 million in data visible on September 2. ### What exactly did Robinhood say on September 1? Robinhood Crypto’s September 1 thread presented the figures as a snapshot of activity on Robinhood Chain rather than as an earnings filing or audited disclosure. (x.com) The headline numbers in the post were $34.6 billion in DEX volume, $1.27 billion in TVL, more than 190 stock tokens, more than $3 billion in stock-token volume and 576 million transactions. (defillama.com) The X thread circulated as crypto traders and market-data accounts were already focusing on Robinhood Chain’s rising spot volume. Third-party coverage published on September 2 cited DefiLlama data showing Robinhood Chain’s 24-hour DEX volume had climbed sharply in recent days. ### What do those metrics measure? DEX volume refers to trading executed on decentralized exchanges running on the chain. (x.com) Total value locked refers to assets deposited in decentralized-finance applications on that network, a standard measure used across crypto data providers including DefiLlama. Stock-token volume is a narrower figure than total DEX volume. Robinhood’s post separated the two, listing more than $3 billion in stock-token trading against the larger $34.6 billion chainwide DEX number, indicating that tokenized equities were one part of broader trading activity on the network. (finance.yahoo.com) ### How much of this can be checked outside Robinhood’s post? DefiLlama provides an independent public page for Robinhood Chain that tracks DEX volume and TVL across the network. (defillama.com) Yahoo Finance, citing DefiLlama on September 2, reported that Robinhood Chain’s daily DEX volume rose 61% between August 28 and September 1, while the network held hundreds of millions of dollars in DeFi deposits and stablecoins. (x.com) Dune provides a second public reference point, though not a full match for every number in Robinhood’s thread. On September 2, Dune’s Robinhood Chain page showed weekly transactions of 94.21 million and TVL via DefiLlama of $540.8 million on the visible dashboard view. ### Why are stock tokens getting separate attention? Robinhood Chain has been marketed around tokenized equities as well as broader DeFi activity. (defillama.com) Coverage in recent days has described the network as an Ethereum layer-2 chain built on Arbitrum technology and noted that tokenized stock trading has become one of its most watched use cases. (dune.com) Cryptobriefing reported on August 30 that Uniswap had processed about $1.5 billion in stock-token trades on Robinhood Chain in six weeks, underscoring how quickly that segment was growing before Robinhood published its September 1 update. ### What should readers watch next? September 2 data from DefiLlama and Dune will show whether Robinhood Chain sustains the pace Robinhood highlighted in its September 1 post. (finance.yahoo.com) Robinhood Crypto’s X account is the company’s public channel for follow-up chain metrics, while DefiLlama’s Robinhood Chain page remains the clearest third-party tracker for DEX volume and TVL. (defillama.com) (cryptobriefing.com)