Original author: KarenZ, Foresight News
As the core "battlefield" for Robinhood's entry into Layer2, Robinhood Chain is rapidly building a comprehensive ecosystem covering stock tokens, RWA, perpetual contracts, and spot trading.
On July 2, 2026, Robinhood Chain launched its mainnet alongside a 90-day gas fee waiver program covering trading, cross-chain transfers, and Perp transactions.
As of July 6, 2026, just four days after its launch, the Robinhood Chain’s ecosystem TVL remains relatively modest at approximately $76.73 million. This article will outline key projects and potential opportunities worth highlighting.
Source: Dune Dashboard (Entropy Advisors)
Please note that this article does not constitute any investment or interaction advice. All participants should conduct their own research, DYOR, and make any decisions only after fully assessing their own risk tolerance.
Arcus
Arcus is a spot and perpetuals DEX built jointly by dYdX Labs and Robinhood Crypto, facilitating peer-to-peer trading of stock tokens on Robinhood Chain.
When dYdX officially announced Arcus, it stated that a portion of Arcus tokens will be allocated to the dYdX community. The Defiant also reported that Arcus tokens will be prioritized for users who trade, stake, or validate on the dYdX platform, with existing dYdX community members given priority at token launch.
Further reading: “Does dYdX’s Rebrand, in Partnership with Robinhood, Have a Chance?”
Lighter
Lighter is a ZK-powered decentralized perpetual and spot exchange deployed on Robinhood Chain. Robinhood Wallet users can now trade perpetual contracts and stock tokens directly through Lighter.
According to Bankless, Lighter has committed to investing $11 million worth of LIT into the Robinhood community: users earn points when trading perpetual contracts on Lighter (double points when trading via the Robinhood wallet, single points via the Lighter web app), and points can be directly redeemed for LIT (subject to Lighter’s terms).
Further reading: Lighter Is Playing a Big Game While Expanding Alongside Robinhood?
Morpho
Robinhood is gradually rolling out Robinhood Earn to eligible U.S. users, allowing them to lend USDG stablecoins through a self-custody wallet. Robinhood expects an annualized yield of 7%.
USDG provided through Robinhood Earn will be deposited into the Morpho vault and allocated across Morpho markets. Borrowers provide collateral from protocols such as Spark, Ethena, and Maple to borrow USDG, with yields generated from the interest they pay.
Rialto
Rialto has emerged in the context of collaboration with Robinhood Crypto, Offchain, and Arbitrum as an on-chain spot exchange supporting asset types such as cryptocurrencies, stocks, ETFs, and commodities.
Rialto will initially launch over 90 Robinhood stock tokens and major crypto assets on the Robinhood Chain.
After a user places an order, Rialto requests real-time quotes for the order size from all candidate liquidity sources, including propAMM and traditional DEX pools, then ranks them by net output after deducting network costs. The core component here is propAMM. Rialto defines propAMM as an on-chain market maker that provides quotes using its own inventory and proprietary pricing logic.
Arrakis
Arrakis is a non-custodial on-chain market-making protocol for token issuers, managing concentrated liquidity on DEXs through self-custodied treasuries: issuers retain ownership of the treasury and its assets, while Arrakis executes market-making strategies within parameters set by the issuer.
In December 2022, Arrakis Finance completed a $4 million seed round via a SAFT (Simple Agreement for Future Tokens), with participation from Uniswap Labs Ventures, Accel, Polygon Ventures, and Robot Ventures.
Meridian
Meridian is a Robinhood Chain ecosystem platform focused on RWA perpetual contracts and prediction markets, with USDe as the settlement asset.
It is worth noting that Meridian was formerly known as Ethereal and rebranded to Meridian in May 2026, gradually shifting its focus from a more general derivatives and trading infrastructure to RWA, prediction markets, and perpetual contracts.
In November 2024, Ethereal stated that 15% of all future Ethereal governance tokens would be allocated to ENA (sENA) stakers.
Native
Native is an on-chain price discovery and execution system that has been deployed on Robinhood Chain as of July 2. Native previously supported networks such as Ethereum, BNB Chain, Arbitrum, and Base.
On July 2, Native responded to community questions by saying, "There are currently no token issuance plans, but we deeply value every supporter."