Robinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs

Tokenized stocks on Robinhood Chain averaged $29.7 million in daily DEX volume over the past seven days, according to a Dune dashboard maintained by OKX's Web3 wallet team --- more than Solana's two stock-trading venues, xStocks at $11.1 million and Backpack's Sunrise at $13.4 million, combined.

Robinhood built the chain to put equities onchain, and through mid-July the network's activity was almost entirely memecoin speculation. The volume that finally arrived came through those same memecoins: tokens launched with tokenized stocks as their liquidity pairs, a loop that locks real equity supply in pools and has pulled stock trading up with it. If the pattern holds, Robinhood Chain has found a retail on-ramp for tokenized equities that RWA platforms have spent years searching for.

Tokenized Nvidia is the chain's most-traded stock, with $13.9 million in volume over the past day, followed by SpaceX at $6.2 million, Apple at $4.5 million and GameStop at $2.2 million, per Uniswap's explore page for the chain. Robinhood CEO Vlad Tenev has framed the equities push as the chain's core purpose. "Robinhood Chain exists to make real world assets programmable, globally portable, and always available, with the product quality you've come to expect from Robinhood," he posted on X on July 16.

The surge traces to launch platforms Bankr and long.xyz, which in mid-July began letting users issue memecoins backed by tokenized stock liquidity across more than 90 tickers. The pairs now populate the chain's trending list: DEX Screener shows memecoins trading against NVDA, TSLA, INTC, RBLX and SPCX among Robinhood Chain's top 100 pools, led by Artificial Inu (AI/NVDA) at $2.6 million in daily volume.

Because these tokens hold tokenized shares as pool collateral, memecoin trading generates stock-token volume as a byproduct, and the deposited shares stay locked while the pairs trade. Daily active tokenized-stock traders on the chain peaked above 20,000 in the week of July 20, per the Dune data, the highest of any stock-token platform tracked.

The chain-versus-chain race has a much larger elephant outside it: Binance's bStocks on BNB Chain averaged $676.8 million in daily DEX volume over the same seven days, more than 20 times Robinhood's figure, per the same dashboard.

Top tokenized-stock venues by DEX volume

Source: Dune (@okxweb3wallet), average of the last seven completed days, July 28, 2026.

Ondo's multichain stock tokens averaged $24.9 million. The dashboard counts only genuine tokenized stocks --- about 102 assets from Robinhood's RWA factory --- and excludes the chain's official market-maker address, so the figures understate total activity but strip out house liquidity.

Tokenized stocks also remain a sliver of Robinhood Chain itself. The chain cleared roughly $444 million in total DEX volume over the past day against $332.7 million in total value locked, per DefiLlama, and most of that volume is memecoins like CASHCAT and PONS. Real-world assets on the chain carry about $81 million in active market value, next to $489 million in stablecoins.

Solana still dwarfs Robinhood Chain in overall DEX volume, value locked and users. But on the narrower question of where tokenized stocks change hands onchain, Robinhood Chain now clears more than any Solana venue, three weeks after launch.