TLDR
- Tokenized real-world assets on Robinhood Chain hit ~$70 million, a fivefold jump in under two weeks
- Tokenized GameStop leads daily volume at $26.6 million, with Nvidia at $14 million and SpaceX at $6.4 million
- Total value locked on the chain tripled since mid-July to ~$312 million
- 12 tokenized stocks are now clearing more than $500,000 a day, five above $1 million
- Memecoins and stablecoins still dominate the chain, with tokenized stocks making up under 10% of total DEX volume
Robinhood Chain launched with a clear purpose: bring real stocks onchain. For its first few weeks, though, the chain looked more like a memecoin casino than a stock exchange.
JUST IN: 📈 Robinhood Chain real-world assets up fivefold as tokenized stocks hit stride on the platform. On-chain equities are no longer a sandbox experiment. pic.twitter.com/SrlSnqtjUm
— Watcher.News (@watchernewsx) July 25, 2026
That is starting to change.
Tokenized real-world assets on Robinhood Chain have surged to around $70 million in value — a roughly fivefold increase in less than two weeks, according to DefiLlama. When the chain first went live, RWAs made up just 4% of activity on the network.
Tokenized GameStop is leading the pack, clearing $26.6 million in daily volume. Nvidia sits at $14 million per day, and SpaceX follows at $6.4 million. Twelve tokenized stocks are now trading more than $500,000 daily, with five crossing the $1 million mark.
Total value locked on Robinhood Chain has roughly tripled since mid-July to about $312 million. The chain is now processing more than $600 million in daily decentralized exchange volume, placing it among the more active crypto networks right now.
Memecoins Still Dominate
Despite the RWA growth, the chain’s top trending tokens on DEX Screener are still names like “Hoodrat,” “Vladhood,” and “Swole Doge.” The tokenized stocks trade on Uniswap but sit well down the volume rankings.
Tokenized stocks generate roughly $55 million in daily DEX volume — under 10% of the chain’s nearly $600 million total. Stablecoins remain the largest single presence, and memecoins are still heavily traded.
The chain’s early star was CASHCAT, a memecoin built around Robinhood’s original company name. It spiked over 1,700% after CEO Vlad Tenev followed its account, then crashed. It’s now down about 75% from its peak.
Transaction count has topped 138 million over 30 days, per Token Terminal. Robinhood Chain’s RWA value also hit $323.7 million according to the RWA Foundation, representing an 11,416% increase over 30 days.
Broader RWA Market Growing Too
Robinhood Chain isn’t the only network posting RWA gains. Avalanche’s tokenized asset value rose 22.6% to $2.5 billion. BNB Chain climbed 16.5% to $9.2 billion. Cardano’s RWA value rose 23.1% to $55.3 million.
Ethereum remains the largest RWA blockchain with over $17 billion in onchain value. The number of RWA holders across all chains has grown to 1.09 million, up from around 375,000 a year ago.
On Hyperliquid, RWA markets became the exchange’s largest trading category for the first time. RWA-linked contracts generated $25.1 billion in volume between July 13 and July 19, accounting for 52% of Hyperliquid’s total weekly volume.
Robinhood Chain surpassed 244,000 RWA holders as of the latest data.
Tokenized stocks hit a record $9 billion in transfer volume in June.
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