Original Author: KarenZ, Foresight News
As the core "battleground" 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, while launching its mainnet, Robinhood Chain also simultaneously initiated a 90-day gas fee waiver activity, covering scenarios such as swaps, cross-chain transfers, and Perp trading.
As of July 6, 2026, just 4 days after its launch, the ecosystem TVL of Robinhood Chain is still not high, approximately $76.73 million. This article will outline the projects worth focused attention and potential opportunities.
Source: Dune dashboard (Entropy Advisors)
It is important to 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 announcing Arcus, dYdX stated that a portion of Arcus tokens would be distributed to the dYdX community in the future. The Defiant also reported that Arcus tokens will be prioritized for users who trade, stake, or validate on the dYdX platform, prioritizing existing dYdX community members at the time of token issuance.
Extended Reading: dYdX Changes Its Skin and Starts Anew, Can It Succeed This Time Teaming Up with Robinhood?
Lighter
Lighter is a ZK-powered decentralized perpetual and spot exchange, already deployed on Robinhood Chain. Robinhood Wallet users can now trade perpetual contracts and stock tokens directly through Lighter.
According to a Bankless report, Lighter has committed $11 million worth of LIT to the Robinhood community: users trading perpetual contracts on Lighter can earn points (2x points for trading via the Robinhood wallet, 1x points via the Lighter web app), and points can be directly converted into LIT (subject to Lighter's terms).
Extended Reading: Carving Out Territory with Robinhood, Is Lighter Playing a Big Game?
Morpho
Robinhood is gradually rolling out Robinhood Earn to eligible US users, allowing them to lend the stablecoin USDG via 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 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 and major crypto assets on 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 sorts them by net output after deducting network costs. The core here is propAMM. Rialto defines propAMM as: an on-chain market maker that uses its own inventory and proprietary pricing logic to quote.
Arrakis
Arrakis is a non-custodial, on-chain market maker protocol for token issuers, managing concentrated liquidity on DEXs through self-custody 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 via 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 Robinhood Chain ecosystem platform focused on RWA perpetual contracts and prediction markets, with USDe as the settlement asset.
Notably, Meridian was formerly Ethereal, rebranded to Meridian in May 2026, gradually shifting its focus from possibly more general derivatives/trading infrastructure early on to RWA + prediction markets + perpetual contracts.
In November 2024, Ethereal 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 like Ethereum, BNB Chain, Arbitrum, and Base.
On July 2, Native responded to community questions stating, "There are currently no plans for a token launch, but we value every supporter."
