Robinhod is trying to bring his retail users into the chain of finance, rather than directly competing for stock traders with original encryption trading platforms like Hyperliquid. However, from current data, there is still a significant gap between the dynamism of the new chain and the initial product positioning.

For its part, Robinhood suggests that the central opportunity lies in the chaining of ordinary users who have never actually used the financial chain. Users currently have direct access to products such as gold, silver, foreign exchange and secure and sustainable contracts in Robinwood Wallet, covering more than 120 countries and territories.

The DEX deal was high.

According to DefiLlama data, the 24-hour DEX trade on July 12 reached $878 million, once more than Base and Ether, and briefly rose to the top of the decentralised trade. This ranking has generated widespread concern in the encrypted community.

  • Cumulative bridging assets of approximately $734 million
  • Actual inputs of loan or revenue products of approximately $211 million
  • The market value of the monetized real assets is approximately $12.66 million

This means that a significant proportion of assets remain in their wallets and do not enter the lending pool or the income scene.

Meme takes the main flow.

Robinhod Chain initially focused on real-life asset monetization, especially stock and ETF chains. But at this stage, the larger trade heat on the chain comes from meme coins.

Of these, the currency known as CASHCAT rose once more than 210 per cent in the first week of the line, and the market value rose briefly to $156 million, about 12 times the total RWA market size of the chain. By contrast, Robinhood's intended monetized stock and ETF operations are still limited.

The article also mentioned that Noxa, the token distribution platform for the launch of CASHCAT, had announced that it had ceased operations and transferred revenue to creators. This also reflects the fact that trade heat around meme is likely to recede quickly.

The contract is still in its early stages.

In derivatives, Robinwood Chain is still at an early stage. On 13 July, the value of the chain-continuing contract was approximately $5.9 million; on the same day, the value of the chain-based derivative platform Hyperliquid was $8.9 billion, with a significant gap.

The idea of Robinhood is not to copy the encrypted original platform, but to bring traditional retail users to the chain market gradually, relying on distribution capacity, wallet entry and existing user relationships. Its new chain, based on Arbitrum, is the Ether Layer 2, which began testing in February this year and is open to the public this month.

The market is then more concerned about whether the current volume of meme-driven transactions can gradually be translated into more stable developer activities, real financial use and larger RWA sizes. If users begin to use borrowing, earnings and tokenized asset products on a continuous basis, Robinhood ' s retail-flow model can be truly stable.