Uniswap Captures 99% of Tokenized Stock Liquidity on Robinhood Chain as RWA Market Reaches $70M

Robinhood Chain, an Ethereum-compatible Layer-2 launched on July 1, has rapidly established itself as a significant hub for tokenized equities, reaching $70 million in RWA-related assets within two weeks. Uniswap has emerged as the dominant liquidity provider for this ecosystem, with V4 and V3 versions collectively capturing 99% of the market share for tokenized stock liquidity. The network currently supports over 90 tokenized stocks and ETFs, including major assets like GameStop, Nvidia, and SpaceX, which provide international users with 24/7 price exposure. Total value locked on the chain has surpassed $300 million, with daily DEX volume exceeding $600 million across 138 million transactions. The integration of Uniswap's hook-based architecture allows for dynamic fee structures and custom execution, which has proven critical in attracting liquidity providers. While these assets offer economic exposure rather than direct legal ownership, the rapid growth signals a shift toward mainstream adoption of tokenized securities. This development highlights the competitive advantage of established brokerage brands entering the blockchain space with pre-integrated liquidity infrastructure.