fomo on Robinhood Chain

At a glance Blockchain fomo trades on

Link to fomo

An EVM network fomo trades on through Relay; the only one funded with USDG

What it is

Robinhood's Ethereum layer-2, home of tokenized stocks

fomo data starts

July 9, 2026(DefiLlama data start, not a launch date)

Deposit asset

USDG (not USDC)

Deposit minimum

0.50 USDG

Network fee

You pay the network fee

Explorer fomo names

robinhoodchain.blockscout.com

Share of fomo's fees

11% $1.12M, 30 days to November 8, 2026

Official site

docs.robinhood.com

What a trade on Robinhood Chain costs on fomo

fomo's own fee on one buy or sell, from fomo's published schedule (computed, not measured). The network fee comes on top and is shown in your quote. Pool fees, price impact and token taxes are extra. Full schedule and calculator.

Trade size	fomo fee	Rate	With a code
$25	$0.13 + network	0.50%	$0.11
$100	$0.50 + network	0.50%	$0.45
$1,000	$5.00 + network	0.50%	$4.50

Share of fomo's fees, last 30 days

• Solana 66%
• Hyperliquid (perps) 17%
• Robinhood Chain 11%
• BNB Chain 3.8%
• Ethereum 1.9%
• Base 0.7%
• Arc 0.1%
• Monad 0.01%

Measured: fees paid to fomo by chain, DefiLlama, 30 days to November 8, 2026. EVM fees are booked on the chain a trade settled on. Month by month.

What Robinhood Chain is

Robinhood describes Robinhood Chain as “a permissionless, Ethereum-compatible Layer-2 blockchain” built on Arbitrum’s technology and “optimized for tokenized real-world assets”, such as stocks and ETFs. Its public mainnet launched on July 1, 2026, as reported by The Block; DefiLlama’s fee data for fomo on the chain starts on July 9, 2026. That is a data start date, not an announced launch date for fomo.

On fomo it is one of seven EVM networks that share a single address in your account. fomo’s help centre names robinhoodchain.blockscout.com as the explorer for it.

How it works inside the fomo app

Robinhood Chain is the one network that does not run on USDC in fomo:

• Deposits are USDG. Send USDG on Robinhood Chain (minimum 0.50 USDG) and it converts into your Solana USDC cash balance. fomo warns: “Do not send USDC to Robinhood Chain, and do not send USDG on any other network.”
• Withdrawals are USDG too. On every other network you withdraw USDC.
• Tokenized stocks live here. fomo describes them as “tokens on Robinhood Chain that represent a stock”. They trade like other tokens but are blocked by connection location: fomo’s terms bar US persons and people in Canada, the UK and Switzerland. These are spot tokens, not the stock perps on Hyperliquid’s xyz markets, which have their own rules.
• Sells can fail for want of a route. fomo says a sell with “no route available” at that moment “happens most on Robinhood Chain”; the tokens are still yours.

What a trade costs

Like every EVM network on fomo, the fee is 0.50% per trade plus the network fee, which you pay and which shows in your quote (see the table above). There is no fixed small-trade amount on Robinhood Chain, so a small trade is cheaper here than on Solana’s fixed tiers, before the network fee. A referral code lowers the 0.50% to 0.45%.

The September 2026 spike, in numbers

Robinhood Chain is the clearest example of rule one on this site: the record month is not the present. Monthly fomo fees booked on Robinhood Chain, from DefiLlama’s daily series (read November 10, 2026):

Month	Fees on Robinhood Chain	Share of all fomo fees
July 2026 (from the 9th)	$2.77M	37%
August 2026	$4.51M	27%
September 2026	$16.51M	46%
October 2026	$2.00M	14%
November 1 to 9 (partial)	$0.11M	about 5%

The peak day was September 4, 2026: $1.68M of fees on Robinhood Chain, 78% of everything fomo earned that day. Its share of fomo’s daily fees then slid from 72 to 78% in the first five days of September to 25% by September 16 and 14% by October 5. October’s total was 88% below September’s.

Referrers took a steady cut of the chain’s fees: DefiLlama’s referral line for Robinhood Chain was $2.50M in September, 15.1% of the chain’s fees, in line with the roughly 15% seen on fomo’s other EVM chains. Those payouts come out of the fee a trader already pays; they are not an extra charge.

What the data cannot tell you is which tokens drove the spike. DefiLlama books fees by chain, not by token, and we have not found an explanation from fomo or Robinhood. One thing worth knowing if you saw tokens with “fomo” in their names at the time: two copy-trading bots built around the app have their own tokens on Pons, a Robinhood Chain launchpad, and one of them, $COPY, launched on September 2, 2026. They are third-party tokens, not fomo’s; fomo has no token (see third-party tools). The current month-by-month picture for every chain is on the chains bench.