Robinhood Chain Meme Tokens Generate Over $1.2 Billion Weekly Trading Volume

The Robinhood Chain, a layer‑2 blockchain launched by the Robinhood trading platform in July 2026 for tokenized stocks and real‑world assets, has quickly become dominated by community‑created meme tokens. Within weeks, meme coins accounted for more than 80 % of all trading activity on the network, and in a single week the chain’s launchpads processed about $1.23 billion in trade volume, according to analyst Adam_Tehc.

The cat‑themed token Cashcat, revived from the company’s early name, surged over 2,100 % in one week, briefly reaching a market cap of roughly $200 million – twelve times the combined value of all tokenized real‑world assets on the chain at that time. Overall, the chain’s total value locked has tripled since mid‑July to about $312 million, with daily DEX volume exceeding $600 million, placing Robinhood Chain among the most active networks in the sector.

Despite concerns that meme trading might cannibalise activity on other platforms, data shows that the meme‑coin surge added liquidity without detracting from volumes on competitors such as PumpFun.