Robinhood Chain

For years, Wall Street tokenization has felt closer to a concept than a product users could actually touch. Following its public Testnet, Robinhood is now taking that infrastructure to mainnet ⚡

Robinhood Chain is a permissionless Ethereum Layer 2 blockchain built for financial services and tokenized real-world assets. Its first major focus is Stock Tokens, giving eligible users onchain exposure to stocks and ETFs through a network designed for financial apps.

The network is powered by Arbitrum technology, is EVM-compatible, and uses $ETH as its native gas token. It differs from Ethereum in some areas, including gas behavior, transaction finality, ordering, and how developers should handle block data. Fees include an L2 execution fee plus an L1 data fee because transactions are posted back to Ethereum.

Stock Tokens are a core feature. These are tokenized assets linked to stocks and ETFs like Apple, Google, and NVIDIA. They offer economic exposure, but do not grant shareholder rights.

🪂 Robinhood Chain Mainnet: $LIT Rewards and Potential $HOOD Airdrop

As of now, Robinhood has not confirmed a native token, a $HOOD crypto token, or an official airdrop. $HOOD is currently Robinhood’s Nasdaq stock ticker, but the launch of a mainnet chain makes future token speculation more interesting. If Robinhood ever introduces a governance token, early activity may matter, but for now, that remains speculative.

However, there’s a live reward opportunity via Lighter. Eligible users in selected jurisdictions can access Lighter perpetual futures through Robinhood Wallet. Lighter committed $11 million of $LIT to the Robinhood community. Trades earn points, with 2x points through Robinhood Wallet and 1x points via Lighter’s web app. Points convert to $LIT, subject to Lighter’s terms.

The Lighter points promotion is offered by Lighter, subject to its terms of service; all associated fee promotions are at Lighter’s sole discretion and may change without notice.