# Robinhood Chain DEX volume — X 热门讨论 (2026-09-21 10:15 UTC)

## @Cryptoskyrun (Sky_Run ♟️) · 09-21 04:12 · ♥139 ↻1 💬39 Tokenized stocks are starting to do more than just sit onchain.

What’s more interesting is what happens when those stocks start being used as liquidity in DeFi.

On @RobinhoodCrypto, memecoins can be paired with tokenized stocks instead of just ETH or stablecoins.

So a memecoin trade can end up putting stock tokens into a liquidity pool. That gives tokenized stocks an actual role inside DeFi, beyond simply holding them onchain and the numbers are starting to show it.

Tokenized stocks locked in DeFi are up 1,960% YoY to $247.8M, while Robinhood Chain is already doing $1B+ in daily DEX volume.

That’s the part of the RWA story I personally find more interesting: Not just bringing stocks onchain, but giving them somewhere to actually be used. https://x.com/Cryptoskyrun/status/2101887340658454901

## @Nick_Researcher (Nick Research) · 09-21 04:39 · ♥103 ↻10 💬32 5 days into @arc mainnet, market is already separating real winners from launch-week noise

the chain itself is holding: - $342M DeFi TVL - $628M stablecoins, ~99% USDC - $327M DEX volume / 7D - $41.8M DEX volume / latest 24H

that last number is way below the ~$411M mainnet-day spike, which is expected

what matters now is what survived after the first wave cooled

my Arc map right now:

[1] credit is already the strongest fundamental layer

@Morpho → $185.5M TVL @aave V4 → $127.2M

together they hold roughly 91% of Arc DeFi TVL

it tells me Arc is starting with deep USDC credit markets instead of trying to build them later

[2] @Uniswap basically owns spot liquidity

Uniswap → $24.2M TVL + $286K fees / 24H

it currently accounts for almost all tracked Arc DEX activity

while @aeroxyz and the smaller venues remain far behind

[3] @Arguspad won the first native-app battle

launchpads drove 82% of Arc’s mainnet-day DEX volume

Argus alone handled ~$202M that day

4 days later, the frenzy cooled hard, but Argus was still doing ~$11M to $20M/day, cumulative pool volume around $274M

more importantly, $ARGUS moved from the ~$2.8M pre-mainnet MC i was tracking to ~$16M to $17M

still keeping the deepest native-token liquidity i can find on Arc

that makes Argus my clearest native winner so far

[4] @TollyLabs still makes my shortlist

$TOLLY was around $4.8M MC on Sep. 18 w ~$654K liquidity, the 2nd-deepest native-token book in that snapshot

its launchpad + trading-terminal positioning still makes more sense to me than the dozens of copy-paste pads that appeared around mainnet

[5] the next trade may be very different from the first one

mainnet week was dominated by memes and launchpads

but Circle launched Arc with Aave, Morpho, Uniswap, Dinari, Robinhood, edgeX, Extended, 1inch and 100+ other builders

the network itself is designed around stablecoins, credit, payments and tokenized financial assets

so the rotation i’m looking for now is:

launchpads → USDC credit → RWA / stock markets → perps around those assets

that’s why i’m still here, not chasing every new Arc token anymore

then i’m watching closely for the first RWA + derivatives apps that can turn Arc’s ~$628M stablecoin base into actual recurring volume

capital arrived first

now the last hope for the chain is to find who actually learns how to monetize it https://x.com/Nick_Researcher/status/2101893973702746469