Robinhood Chain: Built for RWA, Loved for Memes

Memecoins Accounted for 79.2% of DEX Volume in July 2026 Launched on July 1, 2026, the Ethereum Layer 2 built on Arbitrum technology positioned itself as an RWA powerhouse, backed by the retail-friendly trading platform Robinhood. What came as a surprise was the explosion of memecoin activity on the chain, headlined by the breakout success of CASHCAT , which soared past $200M in market capitalization in just over a week. Memecoins now dominate daily activity, accounting for 79.2% of Robinhood Chain’s DEX volume as of July 27, while RWA and other trading (largely WETH, ETH, and stablecoin pairs