Robinhood Chain is now bigger than Polygon

Robinhood Chain Overtakes Polygon in TVL

Robinhood Chain (@RobinhoodCrypto) has surpassed Polygon (@0xPolygon) in total value locked (TVL), marking a notable shift in the 2026 decentralized finance landscape. According to @DefiLlama data, Robinhood Chain now holds $801.81M in TVL, edging ahead of Polygon's $796.5M and placing it firmly among the top 10 most liquid DeFi networks in the world.

The milestone is the latest in a rapid growth story that began with Robinhood Chain's public mainnet launch on July 1, 2026. The chain launched as an Ethereum Layer 2 solution built on the Arbitrum Orbit stack. It arrived carrying 95 tokenized stocks that trade 24 hours a day, a suite of DeFi protocols live from day one, and access wired directly into the Robinhood Wallet used across 120 countries.

The network quickly gained traction, with TVL surpassing $135 million in just over two weeks, according to DefiLlama data. Growth has not let up since. Robinhood Chain's total value locked topped $540 million in August 2026, up more than 45% for the month. The chain has now cleared $800 million, overtaking one of the most established names in DeFi infrastructure.

Stablecoins Drive the Growth

While Robinhood Chain was initially marketed around tokenized real-world assets, the TVL surge has been led by a different force. Overall TVL has expanded roughly seven times faster than tokenized RWAs since launch, with the stablecoin market cap on the network nearing $640 million, up 22% in August, and USDe surging almost 50% to a $286 million valuation.

The network's ecosystem includes launch partners such as Uniswap, which rolled out a dedicated AMM as a core public liquidity protocol, alongside integrations with Alchemy, BitGo, and Chainlink that give the chain rapid block times and ready-made DeFi capabilities including lending and borrowing.

The launch matters because it could be one of blockchain's genuine steps into the mainstream. Until now, DeFi applications have mainly been available to those willing to venture into self-hosted wallets or crypto exchanges. Robinhood is now making DeFi apps as easy to use as conventional stock and derivatives trading. With the chain now outpacing Polygon on TVL, the broader DeFi rankings in 2026 are being redrawn at speed.

Sources:
Robinhood launches Robinhood Chain mainnet and DeFi suite, Fintech Global
Robinhood launches blockchain, bringing DeFi to the mainstream, Ledger Insights
Robinhood Chain growth surpasses $540M driven by stablecoins, The Cryptonomist