LONG tokenized-stock protocol generated $1.18B in volume on Robinhood Chain and now dominates launchpad-token stock-pair trading at 37% market share.
DeFi & Yields ·
LONG, a tokenized-stock protocol on Robinhood Chain, has generated $1.18 billion in cumulative volume and captured 37% of the market share in launchpad-token to stock-pair trading, according to data shared by the protocol's co-founder. The protocol accounts for approximately 30% of stock traders on the chain since June 1, 2026, and hosts over 25,000 tokens launched to date. Top tokenized stocks include AMC and NVDA, each commanding roughly 16% of stock pair volumes.
The protocol's pools have accumulated $13.3 million in stock token value, making them a material holder of the underlying real-world assets. Volume activity has been steady, with $25.7 million traded in a 24-hour window and 138,568 traders engaging across the ecosystem. The protocol uses Chainlink pricing for valuation and measures stock-pair share against all launchpad-token to tokenized-stock trades on the chain.
What remains unclear is whether the 37% and 30% figures represent sustainable dominance or reflect early adoption patterns on the chain. The protocol plans to introduce perpetual futures and synthetic assets paired with top tokens in the coming week, though the impact of these additions on trading composition is not yet known.