What Are Tokens on Robinhood Chain: Stock Tokens, Stablecoins, and Memecoins

What Are Tokens on Robinhood Chain: Stock Tokens, Stablecoins, and Memecoins

Robinhood Chain has no token standard of its own: everything on the network is an ERC20 token, the same standard used on Ethereum. Here is a look at which assets are popular on the network today and how to manage them safely from a single wallet.

Key Takeaways

  • One standard for every asset on the network - tokenized stocks, stablecoins led by USDG, and memecoins led by CASHCAT are all issued on Robinhood Chain under the same ERC20 standard.
  • The network has no token of its own - every transaction fee is paid in ETH, so you need a small amount of ETH to use any Robinhood Chain asset.
  • One address for every token on the network - stocks, stablecoins, and memecoins on Robinhood Chain all arrive at the same address, which matches your Ethereum address.

What Is the Robinhood Chain Blockchain?

Robinhood Chain is an Ethereum Layer 2 blockchain that Robinhood launched on July 1, 2026 for trading tokenized stocks and other real-world assets. The network is growing fast: in its first month it processed more than 138 million transactions, passed Base on transaction count, and the value held in its protocols climbed from zero to $475.7 million (defillama.com data, August 9, 2026). Robinhood Chain has no token of its own, and fees are paid in ETH. For a closer look at how the network is built, see our guide to the Robinhood Chain blockchain.

Chart showing total value locked on Robinhood Chain growing since the network launched on July 1, 2026 Robinhood Chain TVL growth. Source: defillama.com

What Are Tokens on Robinhood Chain?

Tokens on Robinhood Chain are ERC20 tokens, built on the same standard used on Ethereum, much like TRC20 on the TRON network. There is no separate “Robinhood standard”: the wallet address, the transfer format, and the way transactions are confirmed all work the same as on any EVM network, meaning any network compatible with the Ethereum Virtual Machine.

A token is a digital asset on a blockchain that can stand for different kinds of value: a currency, a share in an asset, access rights, or a collectible item. You can receive it, store it, send it, and use it across apps on the network.

Analytics platforms track Robinhood Chain assets by category. Here are the largest ones and the leaders inside each:

Token categoryKey tokensScale on the network
Tokenized stocks and ETFsGME, NVDA, SPCX$109.85 million in asset value
StablecoinsUSDG, USDe, aUSD$584.87 million market cap, around 78% of it USDG
MemecoinsCASHCAT, Hoodrat, Vladhood$233 million market cap, 59% of it CASHCAT

Source: defillama.com and coingecko.com, August 2026

Tokenized Stocks and ETFs on Robinhood Chain

Robinhood states in its official documentation that Robinhood Chain is built for tokenized real-world assets, and it calls stock tokens the flagship product of the network. Today Robinhood Chain carries more than 95 tokenized stocks, ETFs, commodities, and bonds that trade around the clock in 120+ countries, and each token tracks the ticker of a real security and gets its price from a Chainlink oracle. In the network’s first month the value of these assets grew more than eightfold, to $109.85 million. The leaders by volume are tokenized GameStop at $26.6 million a day, Nvidia at $14 million, and SpaceX at $6.4 million, and a dozen stock tokens now clear $500,000 a day (July 2026).

Stablecoins on Robinhood Chain

The largest token category on Robinhood Chain and the settlement layer of the network. Three dollar assets are in circulation:

  • USDG, Around 78% of Supply: A stablecoin from Paxos and the Global Dollar Network that Robinhood Chain picked as its main settlement asset instead of the more familiar USDT and USDC.
  • USDe, Around 18%: A synthetic dollar from Ethena and the second largest stablecoin on the network.
  • aUSD, Around 4%: Agora Dollar, which rounds out the top three.

You can do more than hold these stablecoins. Through Robinhood Earn they can be lent out on the Morpho protocol, where USDG vaults already hold $165.5 million at yields of up to 6.3% APY (as of August 2026).

Memecoins on Robinhood Chain

The most active token category: memecoins drive most of the trading volume on Robinhood Chain, and anyone can create one on the network in a couple of minutes through a launchpad. The biggest of them is CASHCAT, which accounts for around 59% of the market cap of every memecoin on the network. The token rose more than 1,700% after Robinhood chief executive Vlad Tenev followed its account. Hoodrat, Vladhood, and Swole Doge trade alongside it.

The name CASHCAT points back to the company’s own history: Cash Cat was the working name Vlad Tenev and Baiju Bhatt gave their startup in 2010, before they settled on Robinhood.

How to Get an Address for Robinhood Chain Tokens

To work with Robinhood Chain tokens you need a single network address, and it covers both ETH and any ERC20 token. Getting one is easy: install Gem Wallet and create a new wallet, then pick the asset you need from the list and tap “Receive”. Your personal address appears on screen, and you can use it to receive, store, and send tokens. It matches your Ethereum address, so the same address works for the USDG stablecoin and the CASHCAT memecoin alike.

How to Acquire Robinhood Chain Tokens

Getting Robinhood Chain tokens into your wallet is simple. You can ask a friend to send them to your address by sharing your QR code, withdraw tokens from an exchange, or take the easiest route and buy Ethereum right inside Gem Wallet. You can pay with a Visa or Mastercard credit card, Apple Pay, or Google Pay, and the service is available in 170+ countries.

Please note: Anyone can issue a token under any name on Robinhood Chain, and the only thing that tells a real token from a copy is its contract address - add assets through the built-in search in your wallet rather than from a link in a chat.

How to Store Robinhood Chain Tokens

To manage Robinhood Chain tokens you need a secure, private wallet where the keys stay with you. Gem Wallet, for example, is a self-custodial Robinhood Chain Wallet with 100% open-source code that supports every token on the network.

  • Full Control: Gem Wallet keeps private keys on your device only, so neither the team nor any third party can freeze your Robinhood Chain tokens.

  • Fully Open-Source: Gem Wallet’s code is 100% open and was audited by CertiK in April 2026, so anyone can check how support for the network is built.

  • Privacy by Default: Gem Wallet collects no personal data - no phone number, no email, no documents.

  • Every Robinhood Chain Asset in One Place: Gem Wallet supports tokenized Nvidia, Tesla, and GameStop stocks and others, the USDG and USDe stablecoins, the CASHCAT memecoin, and any ERC20 token on the network - receive, store, and send them all from one address.

  • Access to DeFi Protocols: Gem Wallet works as a DeFi Wallet for EVM networks and connects through WalletConnect to Robinhood Chain apps such as Uniswap, Morpho, Curve, and Lighter, while your assets stay under your key.

How to Send Robinhood Chain Tokens to Another Address

To send Robinhood Chain tokens you need two things: the recipient’s address on Robinhood Chain and a small amount of ETH to cover the fee. Fees on the network are very low, a fraction of a cent, but they do exist, and without ETH in your ERC20 Wallet the transaction will not go through. So if you plan to use the network’s tokens actively, keep a small ETH balance on hand: you will need it to send a stock token, a stablecoin, and a memecoin alike.

How to Swap Robinhood Chain Tokens

Swapping Robinhood Chain tokens means trading one token for another: you might swap ETH for USDG, or CASHCAT for USDe. It is a fast and convenient way to get the asset you want without extra sign-ups or extra steps. You can swap Robinhood Chain tokens right inside Gem Wallet through leading DEX providers such as Uniswap, THORChain, Relay, and others, which find the best rate available.

Screen showing an ETH to USDG swap in the Gem Wallet app Swapping ETH for USDG in Gem Wallet.

Install Gem Wallet to store, send, and swap every Robinhood Chain token, from tokenized stocks to USDG and CASHCAT, securely and privately, with the keys staying only with you.

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Häufig gestellte Fragen

No - every token on the network uses the ERC20 standard, the same one used on Ethereum.
Yes - Gem Wallet supports every asset on the network: ETH, the USDG stablecoin, the CASHCAT memecoin, tokenized stocks, and other ERC20 tokens.
Yes - every transaction on the network is paid for in ETH, so you always need a small amount of ETH in your wallet.