Robinhood Chain L2 launched July 1 2026, enabling permissionless trading of tokenized equities and DeFi yield (7% APY on USDG via Morpho) across 120+ countries.
DeFi & Yields ·
Robinhood Chain, an Ethereum layer-2 network launched on July 1, 2026, went live to enable users in 120 or more countries to conduct around-the-clock self-custody trading of tokenized equities—including assets tracking stocks like NVDA and AAPL—alongside decentralized finance activity. The platform permits these Stock Tokens to serve as collateral or to be deployed in lending protocols. According to coverage, Robinhood Earn, a yield product offered to US users, provides approximately 7 percent APY on USDG stablecoins through the Morpho protocol.
The network reached users primarily through Robinhood Wallet, attracting retail participation within two months of launch by offering high transaction volumes, low fees, and support for permissionless applications. The combination of Stock Token infrastructure and native yield mechanisms reflects an attempt to bridge traditional equity markets with decentralized finance infrastructure.
Details remain unclear on whether the 7 percent yield rate applies uniformly to all participants or carries redemption conditions, the extent of volume migrated to the chain since launch, and which specific jurisdictions are excluded from the 120-plus-country eligibility scope.