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. The platform also saw 22,600 new tokens created within the 24-hour period. Uniswap, a major decentralized exchange, routed the majority of the remaining volume, with its version 4 contributing $432 million and version 3 adding $356.9 million. The spike in revenue placed Robinhood Chain ahead of established networks for the day. Data from DeFiLlama showed the network's $2.66 million in app revenue topped Hyperliquid L1's $1.7 million and Ethereum's $1.27 million.