Robinhood Official Recap: Robinhood Chain Surpasses $1 Billion TVL, First Batch of Ecosystem Launches and Developer Grants Overview

Robinhood Chain, the brokerage’s Arbitrum-based Layer 2, has surpassed $1.07 billion in total value locked and $120.46 billion in cumulative DEX volume just 125 days after mainnet launch, making it the fastest network to clear $100 billion in Uniswap trading history. Morpho leads protocol TVL at $582 million, followed by Uniswap at $280 million, Lighter at $112 million, Arcus at $63.61 million and UponRH at $4.52 million. Robinhood and Arbitrum have pooled $1.8 million in developer funding, with a 12-week mentor program offering up to $100,000 per project and applications open until December 6, 2026. More than 20 integrations have gone live, including Morpho accepting tokenized U.S. stock tokens as loan collateral, Aerodrome’s multichain DEX, Pendle’s yield products, SushiSwap and NEAR cross-chain support, and Ramses’ tokenized-equity market, which has already traded over $2.9 billion across 30-plus stock tokens. The buildout matters because it ties tokenized equities to onchain credit and liquidity using Robinhood’s retail distribution, and the next signals to watch are TVL concentration in Morpho and Uniswap, whether stock-token collateral drives stablecoin borrowing, and how the funded developer cohort converts into live protocols.