Robinhood Chain is a blockchain network developed by Robinhood, the financial services company behind the stock and crypto trading platform.
What is Robinhood Chain?This helps reduce fees and typically increases the number of transactions the network can process compared to a layer-1 network like Ethereum.
Wallets and applications that support Ethereum connections can interact with the network through JSON-RPC, a standard communication method used by Ethereum applications.
How are transactions processed?Robinhood Chain uses a first-come, first-served sequencing model.
A sequencer orders transactions before they are added to a blockchain. On Robinhood Chain, transactions are processed based on when they arrive, rather than allowing users to pay higher fees for priority placement.
Transactions move through several stages:
The sequencer receives and processes the transaction. Transaction batches are posted back to Ethereum. The transaction reaches final settlement. What are Robinhood Stock Tokens?Stock Tokens are blockchain-based assets issued by Robinhood that provide exposure to real-world assets (RWAs), including stocks and exchange-traded funds (ETFs).
RWAs are tokens connected to assets outside crypto, such as stocks, bonds, commodities, or real estate. Because they exist on-chain, they can interact with applications including trading platforms, lending protocols, and other smart contract-based tools.
Which applications run on Robinhood Chain?Robinhood Chain works with decentralized exchanges, lending protocols, oracle services, and infrastructure providers.
In its first week, the network recorded more than 17 million transactions, nearly 350,000 addresses, and more than $1 billion in decentralized exchange volume. While internal company metrics estimated the protocol's total value locked (TVL) at $250 million, independent data from DefiLlama tracked the core protocol TVL at roughly $94 million, with network stablecoin balances climbing past $260 million.
