Robinhood Chain celebrated its first 100 days with $15 billion in cumulative stock token trading volume, including $6.57 billion in September alone, capturing 42% of on-chain equity trading volume that month. The platform has roughly 200,000 token holders, while the lending protocol Morpho shows approximately $1.1 billion deposited on the network. Robinhood’s stock tokens are ERC-20 tokens backed 1:1 by underlying equities held in custody, but they do not grant ownership or voting rights. Access is currently limited to users outside the United States, the United Kingdom, and Canada.
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