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Robinhood Chain Overtakes Base on Daily Active Users Three Weeks After Launch

Published

23 July 2026

Topic

opportunities

Sectors

Fintech

Geography

United States

Source

Read at thedefiant.io

Verified

Fusion42 · 23 July 2026 · Fusion42 review

Robinhood Chain surpassed Coinbase's Base on daily active users within three weeks of launch, reaching 324,000 DAU and $589M TVL on 21 July, though memecoin trading—not the tokenized stocks it was built for—drives most volume.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

You built a stock-trading chain and got a memecoin casino instead—but the infrastructure is proven and users are moving fast. Your real business (Stock Tokens) is still at $19M TVL while the noise scales; the gap between what you built and what users want is your next two quarters.

Coverage

1 source · 23 Jul 2026

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Topics

Fintechlayer-2-chainstokenized-assetsmemecoin-volumearbitrum-orbitproduct-market-fit