Tokenized stocks on Robinhood's three-week-old chain averaged $29.7 million in daily DEX volume over the past week, more than Solana's xStocks and Backpack venues combined, with memecoin pairs supplying the push.

Onchain records show the scam token was deployed 46 minutes before the hacked post appeared, and that its creator has been harvesting trading fees — without ever pulling liquidity

Ondo, Backed Finance, and Robinhood Chain all set all-time highs in tokenized equity holdings this week, while dYdX's new Arcus exchange posted record perps volume — signs the market for onchain stocks is scaling on multiple fronts at once.

The Arbitrum Orbit network posted 324,000 daily active users and a record $588.9 million in TVL on July 21, edging out Coinbase's L2 on activity — though memecoins, not the tokenized stocks it was built for, are driving most of the volume.

The Robinhood Chain memecoin's slide has erased most of a 4,000% run, even as its spot price held through a 60% perp wick that liquidated leveraged traders.

Robinhood pays only the gap between organic yield and a 7% target for a year; Coinbase pays market rate plus token rewards with no ceiling and no end date.

Offchain Labs co-founder Steven Goldfeder says every Arbitrum-based Layer 2, not just Arbitrum One, will now route a fee cut back to the ARB treasury.

Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain 'great for memes.' The biggest jump in value locked, though, came from an Ethena stablecoin deposit.

The Solana launchpad says its app now routes "crosschain" trades into Robinhood-linked tokens with no bridging, a day after CEO Vlad Tenev called his company's new blockchain "great for memes too."

At a London keynote, the trading platform opened its Arbitrum-based Layer 2 to the public, rolled out new stock tokens and a Morpho-powered lending product, and confirmed launches in Canada and Singapore alongside plans for crypto trading in the UK.