Robinhood Chain’s tokenized real-world assets (RWAs) have increased nearly fivefold in less than two weeks to about $70 million, as trading in tokenized stocks accelerates on the blockchain, according to data from DefiLlama.

RWAs generally refer to blockchain tokens linked to offchain assets such as equities, funds, debt instruments, or other traditional financial products. In Robinhood Chain’s case, the current growth is centered on tokenized equities, a category closely watched because it tests whether stock-linked trading can attract meaningful onchain liquidity beyond crypto-native assets.

The network’s total value locked (TVL) has also risen to around $312 million, roughly tripling since mid-July 2026. Daily decentralized exchange activity has increased sharply as well, with Robinhood Chain now processing more than $600 million in daily DEX volume.

Robinhood Chain is now clearing more than $600 million in daily decentralized exchange volumes making it ONE OF THE MOST ACTIVE NETWORKS IN CRYPTO. #RobinhoodChain @RobinhoodApp @RobinhoodCrypto pic.twitter.com/Qa9jgE1M1K

— BitKE (@BitcoinKE) July 27, 2026

Despite the growth in tokenized equity trading, stablecoins and memecoins continue to account for most onchain activity. Data viewed on DEX Screener shows that the top trending list is dominated by lower-ranking UniSwap memecoins rather than the tokenized equities the network was designed to support.

The recent compromise of a Robinhood CEO account to promote a memecoin also underscored the level of speculative activity surrounding the new chain.

Robinhood CEO’s X Account Hacked to Promote Fake Token Amid Memecoin Frenzy

The incident comes as @RobinhoodApp ‘s recently launched blockchain has attracted more than $700 million in assets fueling a wave of memecoin speculation and token launches. … pic.twitter.com/0cNdyl2B3i

— BitKE (@BitcoinKE) July 24, 2026

Trading volumes in tokenized equities have nevertheless expanded quickly. A tokenized GameStop share is now generating about $26.6 million in daily trading volume, followed by Nvidia at $14 million and SpaceX at $6.4 million.

In total, 12 tokenized stocks on Robinhood Chain are each trading more than $500,000 per day, with 5 of them exceeding $1 million in daily volume. That distribution makes breadth an important measure for the network: higher activity in a small number of recognizable names shows demand, while broader volume across more tokenized assets would indicate deeper use of the equity-linked market.

The figures point to a shift for the network, which launched earlier this month with activity largely dominated by speculative memecoin trading. Earlier criticism that the infrastructure was attracting speculative assets while showing limited activity in tokenized stocks appears to be changing as equity-linked volumes rise.

At launch, tokenized RWAs represented just 4% of Robinhood Chain’s activity. The recent increase in tokenized equity trading indicates that Robinhood’s strategy of bringing traditional financial assets onchain is beginning to gain traction, while stablecoins and memecoins remain a major share of overall network use. The next useful signals are whether RWA value continues to grow as a share of total activity and whether tokenized equities can sustain liquidity outside the leading names already drawing the largest volumes.