Robinhood Wallet
Self-custody Ethereum wallet
News Heat Trend
Project Overview
Robinhood Wallet app is a Polygon-based, self-custody wallet that serves as the user's portal to the web3 universe. With it, they can swap crypto with no network fees.
An address associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT, worth $2.07 million
Odaily News: According to on-chain analyst Ai Yi, an address (0xC31...23fb) associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT from the Lighter protocol 2 hours ago, worth $2.07 million. Lighter is the Perp DEX built into Robinhood Wallet, and its trading volume has increased recently, with LIT up over 97% in the past month.
Robinhood Chain Sees Single-Day DEX Volume Exceed $560 Million, CASHCAT Market Cap Hits $100 Million in Five Hours
on-chain analyst Ai Yi posted on Platform X, stating that Memecoins are becoming the primary traffic gateway for Robinhood Chain. CASHCAT reached a market cap of $100 million within five hours, and Robinhood CEO @vladtenev participated in related discussions. Robinhood Chain saw over 10,000 new tokens launched in a single day, with DEX trading volume exceeding $560 million. Robinhood Chain is an L2 network. Users can add the network via wallets such as OKX, Binance, and MetaMask, with Chain ID 4663. The official Robinhood Wallet is available on iOS and Android mobile apps and features cross-chain functionality. Cross-chain methods on Robinhood Chain include the official cross-chain bridge, Robinhood Wallet, and third-party aggregators like Relay, Stargate, and Across. Withdrawals via the official cross-chain bridge have a 7-day waiting period. DEXs on the Robinhood Chain ecosystem include Uniswap and NOXA Fun. Meme tracking tools include DEXScreener and GMGN.
Robinhood Wallet and Fomo Credit Card Purchase Process for Meme Coins Sparks Controversy Over Card Network Rules
According to The Block, Robinhood Wallet and Fomo users can purchase select memecoins using credit cards via Apple Pay or Google Pay without completing a separate identity verification process. Testing shows that these transactions are powered by crypto infrastructure company Crossmint and are classified under the "digital goods media" category rather than as cryptocurrency purchases, thereby qualifying for standard credit card points or cashback rewards.
MoonPay Acquires Glide, a Crypto Infrastructure Company Founded by Former Robinhood Wallet Engineers
: Fintech platform MoonPay has acquired crypto infrastructure startup Glide and will integrate its deposit and routing technology. Financial terms of the transaction were not disclosed. Glide was founded in 2023 by Tushar Soni and Qinyu Tong, both of whom were part of the Robinhood Wallet team. Glide supports over 100 tokens across 30 blockchain networks, helping applications receive deposits from various tokens, wallets, exchanges, and payment sources. Upon completion of the acquisition, Glide's technology will be integrated into MoonPay Deposits, a product already used by applications such as Wallet in Telegram, Moonshot, and Paysafe. MoonPay stated that this transaction is part of its efforts to expand its digital asset infrastructure capabilities. This is the sixth acquisition announced by MoonPay in 2026, following previous acquisitions of Sodot, Decent, DFlow, Entendre, and Dawn Labs. Its investors include Thrive Capital, Paradigm, Valhalla Ventures, Tiger Global Management, and Coatue.
Robinhood Chain Sees Single-Day DEX Volume Exceed $560 Million, CASHCAT Market Cap Hits $100 Million in Five Hours
on-chain analyst Ai Yi posted on Platform X, stating that Memecoins are becoming the primary traffic gateway for Robinhood Chain. CASHCAT reached a market cap of $100 million within five hours, and Robinhood CEO @vladtenev participated in related discussions. Robinhood Chain saw over 10,000 new tokens launched in a single day, with DEX trading volume exceeding $560 million. Robinhood Chain is an L2 network. Users can add the network via wallets such as OKX, Binance, and MetaMask, with Chain ID 4663. The official Robinhood Wallet is available on iOS and Android mobile apps and features cross-chain functionality. Cross-chain methods on Robinhood Chain include the official cross-chain bridge, Robinhood Wallet, and third-party aggregators like Relay, Stargate, and Across. Withdrawals via the official cross-chain bridge have a 7-day waiting period. DEXs on the Robinhood Chain ecosystem include Uniswap and NOXA Fun. Meme tracking tools include DEXScreener and GMGN.
Robinhood Wallet has integrated Robinhood Chain, supporting multi-chain cross-chain bridging.
According to Robinhood Crypto's official Twitter announcement, Robinhood Chain is now integrated into Robinhood Wallet, enabling users to bridge, swap, and explore across multiple chains such as Solana, Ethereum, and Arbitrum within the app.
Lighter has been integrated into Robinhood Wallet, allowing users to trade perpetual contracts directly through the wallet.
Lighter officially announced on X that Lighter has now been integrated into Robinhood Wallet. Through this wallet, users can access native in-app perpetual contracts and tokenized stock trading supported by Lighter, and use USDG as the base quote asset.
Robinhood Chain Mainnet Launches, Simultaneously Introducing Tokenized Stocks, Perpetual Contracts, and AI Agent Trading
Robinhood has announced the official launch of the public mainnet for its proprietary Layer 2 network, Robinhood Chain. Built on the Arbitrum technology stack, the chain is positioned as an institution-grade, permissionless, AI-native network specifically designed for Real World Assets (RWA).Robinhood Chain's launch partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Among them, Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.Eligible users can trade tokenized stocks 24/7 on Robinhood Chain. Simultaneously, Robinhood Earn will introduce USDG-based decentralized lending products within the main app. In certain jurisdictions, the new version of Robinhood Wallet will also support access to Lighter's perpetual contract trading.Robinhood also announced the expansion of its European perpetual contract product range, its official entry into the Canadian market, and the acquisition of a Singapore Capital Markets Services license. Furthermore, Agentic Accounts for crypto trading are planned to begin rolling out in the US soon, allowing AI agents to participate in trading and fund management.Robinhood stated that this update represents its most ambitious global expansion and product vision to date, with the goal of establishing a more direct connection between traditional finance and DeFi, integrating stocks, crypto, RWA, perpetual contracts, and AI trading into a unified financial experience. (The Block)
Related news
An address associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT, worth $2.07 million
Odaily News: According to on-chain analyst Ai Yi, an address (0xC31...23fb) associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT from the Lighter protocol 2 hours ago, worth $2.07 million. Lighter is the Perp DEX built into Robinhood Wallet, and its trading volume has increased recently, with LIT up over 97% in the past month.
Analysis: Robinhood Chain's Active Trading Mainly Comes from Trading Terminals Like GMGN and OKX, with Robinhood Wallet Confirmed Trades Accounting for Less Than 1%
Odaily News According to ARK Invest Digital Asset Research Head Lorenzo Valente, who shared on X platform, after analyzing contract-level data on Robinhood Chain, he believes that the current on-chain active trading mainly comes from existing crypto trading users, not the large-scale influx of new crypto users brought by Robinhood.Valente stated that Robinhood Wallet's Swap routes through the 0x Settler contract, which is currently the only on-chain activity he can clearly identify as Robinhood user activity, accounting for less than 1% of total transactions. Even when including some unidentifiable long-tail activity in the calculation, his estimate is only around 5%. The remaining trading activity mainly comes from trading terminals such as GMGN, Axiom, and OKX.
Robinhood Wallet and Fomo Credit Card Purchase Process for Meme Coins Sparks Controversy Over Card Network Rules
According to The Block, Robinhood Wallet and Fomo users can purchase select memecoins using credit cards via Apple Pay or Google Pay without completing a separate identity verification process. Testing shows that these transactions are powered by crypto infrastructure company Crossmint and are classified under the "digital goods media" category rather than as cryptocurrency purchases, thereby qualifying for standard credit card points or cashback rewards.
Lighter partners with Robinhood Wallet to launch points program, expected to distribute 11 million LIT tokens
Odaily News: Lighter officially announced that it has partnered with Robinhood Wallet to launch a points program.Although Lighter has not explicitly stated the use of the points, community users have discovered that Robinhood Wallet documentation indicates Lighter has committed to allocating 11 million LIT tokens to the Robinhood community.
Robinhood Announces Lowering Gas Subsidy Threshold on Robinhood Chain to $0.5
Odaily Planet Daily reported that Robinhood announced on the X platform that it will lower the Gas fee subsidy threshold for Robinhood Wallet on Robinhood Chain from $5 to $0.5, a reduction of up to 90%, further reducing users' on-chain transaction costs. Robinhood stated that after this adjustment, more users' Swap transactions will be eligible for Gas fee subsidies, which will continue until September 29.It is understood that Robinhood Wallet had previously covered part of users' on-chain transaction fees through the Gas Sponsorship mechanism. This lowering of the subsidy threshold aims to boost activity in the Robinhood Chain ecosystem and lower the barrier for users to participate in on-chain transactions.
MoonPay Acquires Glide, a Crypto Infrastructure Company Founded by Former Robinhood Wallet Engineers
: Fintech platform MoonPay has acquired crypto infrastructure startup Glide and will integrate its deposit and routing technology. Financial terms of the transaction were not disclosed. Glide was founded in 2023 by Tushar Soni and Qinyu Tong, both of whom were part of the Robinhood Wallet team. Glide supports over 100 tokens across 30 blockchain networks, helping applications receive deposits from various tokens, wallets, exchanges, and payment sources. Upon completion of the acquisition, Glide's technology will be integrated into MoonPay Deposits, a product already used by applications such as Wallet in Telegram, Moonshot, and Paysafe. MoonPay stated that this transaction is part of its efforts to expand its digital asset infrastructure capabilities. This is the sixth acquisition announced by MoonPay in 2026, following previous acquisitions of Sodot, Decent, DFlow, Entendre, and Dawn Labs. Its investors include Thrive Capital, Paradigm, Valhalla Ventures, Tiger Global Management, and Coatue.