Robinhood Chain | Crypto

Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business. On Sept. 4, the Ethereum layer-2 network halted block production for at least 14 minutes, stalling transactions before activity began recovering. Robinhood had not publicly disclosed the […] The post A major outage and corporate backlash hit Robinhood Chain at the peak of its growth appeared first on CryptoSlate.

Users paid nearly $6 million in a day to create and trade tokens through Pons, more than they paid to use Pump or Hyperliquid, and even more than they paid to use Robinhood Chain itself.

Apps captured the headline revenue while Robinhood’s disclosed fee split offers no bridge to its corporate accounts. The post $2.7 million poured into Robinhood Chain apps in one day, but it barely touches corporate revenue appeared first on CryptoSlate.

BTC drifted lower after last week's rally to $81,428, while ARB led DeFi gains as Robinhood Chain's daily fees topped $2 million.

Arcus introduced transferable ERC-20 tokens for perpetual positions and lets tokenized stocks back leveraged trades without requiring users to sell their holdings. Arcus, a decentralized exchange (DEX) built by the team behind dYdX, has launched a protocol on Robinhood Chain that converts perpetual futures positions into transferable ERC-20 tokens and allows tokenized stocks to be used as collateral for leveraged trading. The launch includes products such as pBTC3x and pHOOD3x, offering 3x exposure to Bitcoin and Robinhood’s HOOD stock token, respectively, the DEX announced in a Tuesday press release shared with Cointelegraph. “Traditional markets have spent decades making sophisticated investment strategies easier to access through products like leveraged ETFs. We believe the next step is making those strategies native to blockchain infrastructure,” Arcus CEO Eddie Zhang said. Read more

The non-custodial cross-chain swap engine connects Canton’s institutional tokenized-asset markets with liquidity and trading activity across major public blockchains. Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain.  According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users’ behalf.  FalconX, a digital asset prime brokerage serving institutional investors, provides liquidity for the engine, which is designed to connect Canton’s institutional markets with assets and trading activity on public blockchains, giving users a route between tokenized assets on Canton and liquidity on networks such as Ethereum and Solana. Read more

Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns. Robinhood’s partnership with Uniswap is helping the brokerage rapidly build liquidity on its new blockchain, potentially removing a key obstacle to attracting users and assets, according to Standard Chartered. In a recent note, Standard Chartered analyst Geoffrey Kendrick said Robinhood Chain has grown to nearly $1 billion in total value locked (TVL), which he described as the fastest growth of any blockchain by that measure. Virtually all of Robinhood Chain’s liquidity needs are being met through Uniswap V2, V3 and V4, Kendrick said. The arrangement gives Robinhood access to established decentralized finance infrastructure as it scales its blockchain, potentially strengthening its ability to attract users without having to build liquidity from scratch. Read more

Vlad.fun suspended its platform after discovering a “serious internal integrity issue” involving members of its team, without disclosing the nature of the alleged misconduct. Robinhood Chain memecoin launchpad Vlad.fun has suspended operations after discovering what it described as a “serious internal integrity issue” involving members of its own team. The project said Wednesday that it took the platform offline while it investigates the incident and consults legal counsel on potential action against those responsible. Vlad.fun did not disclose the nature of the alleged misconduct. Hours before announcing the shutdown, Vlad.fun warned users that a token bearing the platform’s name circulating on its leaderboard was not official, reminding traders that anyone could create tokens on the permissionless launchpad. The project did not indicate whether the two incidents were related. Read more

Surging volumes on Robinhood Chain could be very good for Ethereum, but only if the “ETH is money” crowd turn out to be right. Robinhood Chain’s explosive launch this month has reignited one of Ethereum’s longest-running debates: Do successful layer-2 networks increase demand for ETH, the asset, or do the new entrants capture all of the value for themselves? The retail brokerage’s Arbitrum-based Ethereum L2 has become one of Ethereum’s busiest rollups since its launch on July 1. More than $141 million in Ether was bridged onto the chain in its first two weeks. DeFiLlama data shows more than half a million wallets now hold ETH on the network, and a memecoin frenzy saw Robinhood Chain surge past the Ethereum L1 and Coinbase’s Base L2 in 24-hour DEX trading volume. Read more

Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its revenue, and leaving Robinhood Chain's memecoin economy in freefall.

Relay says the money spent is gone, while private keys and unrelated balances remain untouched. The post Robinhood Chain tokens are reportedly vanishing from wallets causing buyers to lose funds appeared first on CryptoSlate.

Robinhood Chain traders are reaching for Tendies over Apple.

Robinhood Chain hit 7.6M daily transactions within 11 days of launch, nearing Base's 9.2M — but a free gas subsidy expires in September, making Q4 the true test. The post Robinhood Chain’s Gas Subsidy Is Closing the Gap With Base: Future of Ethereum On Horizon? appeared first on Cryptonews.

Robinhood Chain is an Ethereum layer-2 network built with Arbitrum technology for tokenized assets, crypto apps, and on-chain financial products.

Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal.  Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.”  “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday.  Read more

Robinhood, before its chain, made its name by bringing commission-free stock trading to everyday investors. Founded in 2013 by Vlad Tenev and Baiju Bhatt, the company launched a mobile-first brokerage app inspired by the aftermath of the 2008 financial crisis. Its mission was simple: “make investing accessible to everyone.”The platform exploded in popularity during the […] The post Robinhood Chain: From Wall Street Roots to Onchain Memecoins – How to Bridge Safely appeared first on Cryptonews.

Infrastructure providers, including Chainlink, Alchemy, and LayerZero, are already integrating with Robinhood Chain's newly launched testnet.