Brila, the DeFi protocol that rose from the ashes of the TrueFi lending platform, has brought its native $BRLA token to Robinhood Chain. The listing went live on September 10, 2026, at 5:00 PM UTC, with trading kicking off on Ramses DEX against initial ETH liquidity pairs.
Robinhood Chain launched as a Layer 2 Ethereum network on July 1, 2026, and has already pulled in hundreds of millions in Total Value Locked. Getting listed there puts $BRLA in front of a retail-first audience that TrueFi, in its earlier incarnation, never really had access to.
What Brila actually is
TrueFi built its reputation as an uncollateralized lending protocol, issuing over $1.7 billion in historic loans to institutional borrowers. Brila is its reimagined successor, broadening the scope to include yield optimization, NFT lending, and real-world credit products.
The yield optimization side runs through a product called Elara, which targets net yields in the 10% to 15% range.
$BRLA serves dual purposes inside this ecosystem: it is both a governance token, giving holders a say in protocol decisions, and a utility token tied to platform activity. The total supply sits at approximately 1 billion tokens, with around 55% made available to the community at launch.
The Token Generation Event happened back on April 30, 2026, and TrueFi’s original TRU holders received a 35% allocation of $BRLA through a swap and claim mechanism.
Before landing on Robinhood Chain, $BRLA had already been trading on Hyperliquid and HyperEVM since May 2026. The Robinhood Chain listing is an expansion move, not a debut.
Why Robinhood Chain matters here
Robinhood Chain was designed with tokenized real-world assets and DeFi in mind, which makes it a natural home for a protocol with Brila’s profile. The chain’s TVL growth has been dominated by memecoins and generic DeFi projects rather than the tokenized stocks many expected to see.
Brila brings institutional-grade lending history and a structured yield product into an environment that is still finding its identity beyond speculative trading.
What to watch from here
The immediate question is liquidity depth. Launching on Ramses DEX with ETH pairs is a starting point, but thin order books on a new chain can mean volatile price discovery.
The 55% community unlock at launch is worth noting for anyone tracking token supply dynamics. Large initial unlocks can create selling pressure in the early weeks, particularly when a token is expanding to new venues and attracting traders who were not part of the original TrueFi community.
For the broader DeFi lending space, Brila’s moves signal that protocols with institutional lending track records are increasingly willing to court retail audiences on new infrastructure. With $1.7 billion in historic loan volume behind it, Brila has more credibility walking into that pitch than most.