Robinhood Reports $15B in Stock Token Trading as Chain Passes 100 Days

Robinhood reported $15 billion in decentralized-exchange trading volume for its Stock Tokens in an Oct. 12 update marking Robinhood Chain’s passage beyond its first 100 days.

“190+ Stock Tokens are live,” Robinhood Crypto wrote, saying the products had reached 200,000 holders in more than 120 countries. The company said the chain reached the 100-day mark the previous week.

The figures offer an early readout of Robinhood’s move to make tokenized equities usable across DeFi. Its Arbitrum-built Layer 2 launched on July 1, alongside a new Stock Token product offering eligible users round-the-clock trading through Robinhood Wallet and the ability to use tokens in lending pools or as trading collateral. The original product, renamed Classic Stock Tokens, remained available in the Robinhood Europe app, according to the company’s launch announcement.

For the network as a whole, Robinhood reported more than $99 billion in cumulative DEX volume. That is a broader measure than the $15 billion it reported for Stock Tokens alone.

Lending has also attracted capital. Robinhood said more than $1 billion had been deposited on Morpho on its chain. The lending protocol’s own dashboard displayed about $1.1 billion in total deposits and $486.7 million in outstanding loans on Oct. 12.

The cumulative milestones come alongside a recent slowdown in chain-wide spot trading. DefiLlama showed $6.27 billion in seven-day DEX volume on Oct. 12, down 30.47% from the previous week, and about $1.05 billion in total value locked in DeFi. Those figures cover the wider network, not just its stock tokens.

The tokens provide stock-market exposure without direct share ownership. Robinhood’s product disclosures describe them as tokenized debt securities issued by Robinhood Assets (Jersey) Limited, with no legal or beneficial rights in the underlying securities. They are unavailable to U.S. persons and subject to restrictions in other markets, including Canada, the United Kingdom and Switzerland.