Woofun AI data shows that Robinhood Chain has accumulated approximately $135 million in Total Value Locked since its July 1st launch, supported by nearly 800,000 active addresses and 3.6 million daily transactions. Despite the project's stated focus on tokenized stocks, on-chain Real World Assets total only $12.81 million, with tokenized equities comprising $10.68 million of that figure.

In contrast, the meme coin CASHCAT has risen 2158% over the past week to reach a $156 million market capitalization, significantly overshadowing the RWA segment and inspiring a wave of similar tokens. The chain hosts roughly $299 million in stablecoins, including $200 million in Robinhood's USDG. CEO Vlad Tenev maintains that building RWA infrastructure remains the long-term objective, while acknowledging the network's suitability for meme coin trading.