Robinhood Chain Sets Record With $874.8M DEX Volume

Robinhood Chain, an Arbitrum-based Layer 2 network, recorded its highest levels of activity since its July 1 launch on August 30, 2026, with decentralized exchange volume reaching $874.8 million and daily transactions hitting 5.52 million. The surge in on-chain activity also propelled the network's 24-hour application revenue to $2.66 million, a figure that temporarily surpassed both Ethereum and Hyperliquid L1. The record-breaking day was driven primarily by speculative trading, with the token launchpad Pons accounting for roughly half of the chain's total DEX volume. According to data from Dune, Pons handled $445.98 million in volume, representing about 51% of all trades on the network.