Robinhood Chain has set a new record of $390 million in daily trading volume for RWA-linked tokens. The surge was driven by memicoin-stock pairs and tokenized shares, both of which also posted their highest daily totals, according to available on-chain data. The milestone comes amid broader growth in tokenized real-world assets, which have expanded across both specialized crypto platforms and traditional financial institutions over the past year.

Data compiled by on-chain researcher Adam Tehc shows the memecoin-stock pair generated $217 million in daily volume, while tokenized stocks contributed another $127 million during the reported daily period. The report did not provide a category breakdown for the remaining share of Robinhood Chain's total.

What Robinhood Chain Offers as RWA Value Tops $84M

The volume increase came as tokenized real-world assets on the network exceeded $84 million in market value. Memecoin-stock pools now connect speculative tokens with assets that track publicly listed companies, a structure that has made the combined category a major source of RWA-linked trading activity. The pairing of memecoins with tokenized equities is a structure not seen on most other tokenization platforms, which typically offer tokenized stocks, funds, or treasuries without meme-token liquidity pools attached.

The latest figures mark a shift in activity since Robinhood Chain opened its public mainnet on July 1. Robinhood built the Ethereum Layer 2 network using Arbitrum technology, and tokenized equities formed a central part of its original onchain product plan from launch.

Around 95 tokenized stocks were available when the network launched and public trading began. These assets give eligible users outside the United States price exposure to listed companies, and the tokens can also interact with decentralized applications, extending their use beyond simple price tracking. The exclusion of US users reflects the regulatory constraints that continue to shape where tokenized securities can be offered.

In the initial stages, memecoins remained the major drivers of DEX trades. Data from FalconX shows memecoins generated over 80% of recorded DEX volume. Robinhood Chain extended its tokenized real-world-asset offerings within the first few weeks.

When Robinhood Chain's TVL Reached $431 Million

Three weeks after launch, the platform's TVL reached $431 million, with stablecoin market cap hitting $400 million and DEX volume estimated at close to $9 billion. This indicated that onchain activity ramped up quickly after the mainnet launch.

The market structure began to change in mid-July with the addition of applications that integrated both memecoins and stock tokens. Bankr and long.xyz enabled the creation of memecoins using liquidity generated through the tokenization of stocks, with more than 90 ticker symbols available. Liquidity pools also allowed memecoins to be paired with tokenized stocks of companies such as Nvidia, Tesla, Intel, and Roblox.

The network's total RWA market cap now stands far above the mid-July figure of roughly $12.8 million, of which tokenized stocks made up nearly $10.7 million.

Why Arbitrum Received $200,000 From Robinhood Chain

Tokenized ETFs, commodities, and US treasuries were among the other early tokens launched. The network operates on Arbitrum's Orbit stack, settles payments via Ethereum, and uses ETH as gas. Under Arbitrum's Expansion Program, 10% of the protocol's net revenue goes to the Arbitrum ecosystem. By late July, the network had earned more than $2 million in cumulative revenue, of which roughly $200,000 was sent to Arbitrum.

Tokenized stocks are now available alongside lending platforms, decentralized exchanges, and perpetual futures. Memecoin-stock trading has become one of the largest sources of daily RWA-related volume within the ecosystem, with these pairs producing more daily volume than tokenized stocks. Whether this activity mix persists as the network matures, and how the memecoin-stock pairing model evolves relative to more conventional tokenized-asset offerings, will be visible in subsequent on-chain data.