Author: KarenZ, Foresight News
As the core "battleground" for Robinhood's foray into Layer2, Robinhood Chain is rapidly building a comprehensive ecosystem covering stock tokens, RWA, perpetual contracts, and spot trading.
On July 2, 2026, while launching its mainnet, Robinhood Chain also simultaneously kicked off a 90-day gas fee waiver campaign, covering scenarios such as swaps, cross-chain transfers, and Perp trading.
As of July 6, 2026, just four days after the launch of Robinhood Chain, the ecosystem TVL remains relatively low, at approximately $76.73 million. This article will outline the projects worth focusing on and potential opportunities.
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 fully assess their own risk tolerance before taking any action.
Arcus
Arcus is a stock token and cryptocurrency DEX jointly built by dYdX Labs and Robinhood Crypto, focusing on spot and perpetual contracts, facilitating peer-to-peer trading of stock tokens on Robinhood Chain.
When officially announcing Arcus, dYdX stated that a portion of Arcus tokens would be allocated to the dYdX community in the future. The Defiant also reported that Arcus tokens would be prioritized for distribution to users who trade, stake, or validate on the dYdX platform, with existing dYdX community members being prioritized at the time of token issuance.
Extended Reading: Can dYdX Succeed in Its New Venture by Changing Its Brand and Partnering with Robinhood?
Lighter
Lighter is a ZK-powered decentralized perpetual and spot exchange that has already deployed on Robinhood Chain. Robinhood Wallet users can now directly trade perpetual contracts and stock tokens through Lighter.
According to Bankless, Lighter has committed $11 million worth of LIT to the Robinhood community: users can earn points by trading perpetual contracts on Lighter (double points for trading via Robinhood Wallet, single points via the Lighter web app), which can be directly exchanged for LIT (subject to Lighter's terms).
Extended Reading: Is Lighter Playing a Big Game by Racing for Territory with Robinhood?
Morpho
Robinhood is gradually rolling out Robinhood Earn to eligible U.S. users, allowing them to lend stablecoin USDG through self-custody wallets. Robinhood estimates an annualized yield of 7%.
The USDG provided through Robinhood Earn is deposited into Morpho vaults and allocated across Morpho markets. Borrowers provide collateral from protocols like Spark, Ethena, and Maple to borrow USDG, with the yield coming from the interest they pay.
Rialto
Rialto came to the forefront in the context of collaboration with Robinhood Crypto, Offchain, and Arbitrum. It is an on-chain spot exchange supporting asset types such as crypto assets, stocks, ETFs, and commodities.
Initially, Rialto will list over 90 Robinhood stock tokens along with major crypto assets on Robinhood Chain.
After a user places an order, Rialto requests real-time quotes for that order size from all candidate liquidity sources, including propAMM and traditional DEX pools, then ranks them based on net output after deducting network costs. The core here is propAMM. Rialto defines propAMM as: an on-chain market maker that quotes using its own inventory and proprietary pricing logic.
Arrakis
Arrakis is a non-custodial, on-chain market maker protocol for token issuers, managing concentrated liquidity on DEXes through self-custodied treasuries: the issuer owns the vault and its assets, while Arrakis runs market-making strategies within parameters set by the issuer.
In December 2022, Arrakis Finance raised a $4 million seed round in the form of a SAFT (Simple Agreement for Future Tokens), with participation from Uniswap Labs Ventures, Accel, Polygon Ventures, and Robot Ventures, among others.
Meridian
Meridian is a perpetual contract and prediction market platform on the Robinhood Chain ecosystem, focused on RWA, with USDe as the settlement asset.
It is worth noting that Meridian was formerly known as Ethereal, rebranded to Meridian in May 2026, gradually shifting its focus from possibly more generic derivatives/trading infrastructure in its early stages to RWA + prediction markets + perpetual contracts.
In November 2024, Ethereal (now Meridian) stated at the time that it would allocate 15% of all future Ethereal governance tokens to ENA (sENA) stakers.
Native
Native is an on-chain price discovery and execution system, deployed to Robinhood Chain on July 2. Native previously supported networks such as Ethereum, BNB Chain, Arbitrum, and Base.
When replying to community inquiries on July 2, Native stated, "There are currently no plans for a token launch, but we will cherish every supporter."
