Robinhood Chain has begun attracting users to onchain applications following its early-July launch. Uniswap was among the first major protocols deployed, and cumulative swap volume across its deployments has exceeded $1 billion.

Much of the early activity, however, has been linked to memecoins and other speculative tokens. Tokenized assets, presented by Robinhood as a central use case for the network, still represent a smaller segment.

The company is trying to connect a familiar brokerage interface with decentralized finance so users do not need to learn separate wallets and blockchain applications. The network’s longer-term activity mix will become clearer after more regulated assets and basic financial products are introduced.