Uniswap surpasses $1B in volume on Robinhood Chain just nine days after launch

Uniswap has crossed $1 billion in cumulative trading volume on the Robinhood Chain in nine days since its launch.

Cause

The Robinhood Chain runs on Arbitrum technology with a 100 millisecond block time. The chain was designed with tokenized stock trading in mind, alongside support for AI-agent operations. It went live around July 1-2, with the aim of attracting liquidity and trading activity from the outset.

Development

Uniswap was integrated from day one as the primary automated market maker, with deployments spanning Uniswap v2, v3, v4, and UniswapX on the Robinhood Chain.

Data and statistics

• Within the first week alone, Uniswap logged roughly $250 million in volume on the chain.
• On July 8, single-day trading volume on Uniswap spiked to approximately $500 million, a figure that briefly placed Robinhood Chain second only to Ethereum mainnet in terms of daily Uniswap activity.
• As of July 10, total value locked in Uniswap on the Robinhood Chain had surpassed $30 million. The broader chain TVL crossed $106 million.
• The UNI token climbed as much as 14% during the period.

Impact

A significant portion of the early volume appears to be driven by tokenized stock trading. Memecoin activity was also present on the new chain, but tokenized stock activity distinguishes this from a typical memecoin-driven volume spike.

Analysis / Expert Opinion

Analysts note that tokenized stocks are contributing to the early liquidity and trading activity on the Robinhood Chain, with Uniswap serving as the primary automated market maker across its v2, v3, v4, and UniswapX deployments. The data shows rapid early adoption, though the sustainability of the velocity and TVL remains to be seen as the network matures.