Wire · founder news, decoded · opportunities
Robinhood Chain Overtakes Base on Daily Active Users Three Weeks After Launch
◆ Published
23 July 2026
◆ Topic
opportunities
◆ Sectors
◆ Geography
◆ Source
◆ 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. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ 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.
◆ Related on Wire
- Robinhood built a blockchain for tokenized stocks. Memecoins took over14 July 2026
- Robinhood Chain Crosses $700M Onchain Assets Just Three Weeks After Launch21 July 2026
- Robinhood mainnet launch signals broader bet on tokenized finance8 July 2026
- Coinbase's Base Moves Toward Tokenized Stocks For Non-US Users21 July 2026
- Robinhood enters AI crypto trading: 'World is flat' presentation reveals US expansion11 July 2026
- Robinhood-backed DEX Arcus expands with tokenized assets, perps21 July 2026
◆ Topics
Fintech · layer-2-chains · tokenized-assets · memecoin-volume · arbitrum-orbit · product-market-fit