Robinhood Chain Weekly Recap: New Pools and DEX Flow

Robinhood Chain spent the week moving from a broad cooldown into a launch-heavy rebound. On October 12, 2026, tracked DEX volume reached $839.8 million across 223 pools and 1.23 million trades, with Uniswap V4 and Uniswap V3 taking almost all of that flow, while SPY, NVDA, and PONS remained the clearest centers of real liquidity.

The short version is that activity clustered in a few places. Established stock-token pools and a handful of deeper non-stock pools held up, while many of the loudest percentage moves came from pools that were only hours old.

Robinhood Chain volume cooled, then bounced

The chain-wide picture is mixed. The available daily reports inside the last seven days show a sharp fall after the October 8 spike, followed by a partial recovery on October 12.

From October 8 to October 11, tracked volume dropped about 88.7%. From October 11 to October 12, it rose about 65.5%. Even after that bounce, October 12 was still about 81.2% below the October 8 peak.

That lines up with broader context. CoinDesk reported on October 10 that Robinhood Chain daily transactions had already slowed materially from mid-September levels. The DEX data here shows the same cooling pattern, but also shows that a burst of new launches can still change the tape quickly.

Available daily reports:

• October 8, 2026
• October 9, 2026
• October 10, 2026
• October 11, 2026
• October 12, 2026

A basic caution matters here. “Tracked volume” is volume across the most active pools in the dataset, not the entire chain.

Uniswap V4 and V3 took almost all Robinhood Chain DEX flow

The DEX split on October 12 was not subtle. Uniswap V4 handled $460.4 million across 119 pools, or about 54.8% of tracked volume. Uniswap V3 handled $325.9 million across 63 pools, or about 38.8%.

Together, those two venues processed $786.3 million, or 93.6% of tracked 24-hour volume.

Everything else was much smaller:

• Ramses V3: $21.1 million
• Pons V2 Dex: $9.4 million
• Up V3: $7.4 million
• Sushiswap V3: $3.6 million
• Alandale (CL): $3.4 million

One reading is that Robinhood Chain did not broaden out this week so much as rotate inside the same dominant venues. New pools launched fast, but most of the money still chose V4 and V3.

New pools set the tone, but most of the upside was listing effect

The feed showed 20+ new pools in the last 24 hours, with the feed itself capped. That alone tells the story of the week.

The visible new-token list in DATA added up to about $88.2 million in 24-hour volume. That is roughly 10.5% of all tracked volume on October 12, concentrated in just eight fresh names.

The biggest examples were:

• PDCAP: $17.4 million volume, $94.6K liquidity, 10 hours old
• CBARA: $14.2 million volume, $177.4K liquidity, 6 hours old
• Paper: $11.7 million volume, $247.1K liquidity, 5 hours old
• WISP: $10.7 million volume, $368.5K liquidity, 8 hours old
• NOCKAI: $9.0 million volume, $242.8K liquidity, 5 hours old
• IMD6900: $8.7 million volume, $437.8K liquidity, 7 hours old
• CLAUDIA: $8.3 million volume, $404.0K liquidity, 17 hours old
• SI: $8.2 million volume, $29.2K liquidity, 7 hours old

The percentage moves were even louder. IMD6900 showed a 24-hour gain of 745,769.42%. Paper showed 10,323.39%. CBARA showed 5,862.45%. WISP showed 2,733.36%.

Those are not normal mature-market moves. On pools younger than two days, extreme percentage gains like these are listing effects first and organic rallies second.

The liquidity picture also separates the sturdier launches from the fragile ones. IMD6900, WISP, and CLAUDIA at least had roughly $368K to $438K in liquidity. SI had just $29.2K against $8.2 million in volume, then showed a 97.5% six-hour drop and an 82.3% one-hour drop. That is not a stable setup.

Research did not find a credible last-seven-days announcement for CBARA, TFDCAT, or FREELUCIA. For NOCKAI and WISP, research found active project pages but no fresh dated catalyst. For Paper, the best-supported explanation is simply that it was newly launched in the October 9 to October 11 window. That makes the week look more like a new-pool surge than a fundamentals-driven repricing.

Stock-token volume still held real liquidity

The week was not only about memes and launchpads. Robinhood Chain’s tokenized stock tokens still concentrated meaningful liquidity.

Across the tokenized-stock entries shown in DATA, 24-hour volume added up to about $74.8 million on October 12. That is a smaller slice than the visible new-launch basket, but the quality of liquidity was better.

NVDA was the clearest example. A newer NVDA/SUSD Uniswap V4 pool, 138 hours old, did $21.7 million in volume with $4.7 million in liquidity. A separate NVDA/USDG Uniswap V3 pool did another $15.1 million with $2.5 million in liquidity and 43,888 trades.

SPY stayed just as important. Its main line showed $15.6 million in volume and $1.9 million in liquidity, but the deeper point is the cluster around it. SPY/NVDA had $1.76 million in volume with $1.21 million in liquidity. SPY/USDG on Alandale showed $1.89 million in volume. SPY also had active pairings with HIMS, AMD, MU, INTC, and PLTR.

That looks durable because it is not one pool pretending to be a market. It is several connected pools, across several venues, with liquidity measured in the hundreds of thousands or millions rather than tens of thousands.

Other stock-token names with real depth included:

• SPCX: $5.76 million volume, $1.28 million liquidity
• META: $5.60 million volume, $3.35 million liquidity
• CRCL: $3.58 million volume, $2.32 million liquidity
• USO: $1.64 million volume, $2.45 million liquidity
• QQQ: $1.53 million volume, $1.28 million liquidity

Context also helps. The Block reported on October 2 that Robinhood was still working through the SEC’s innovation exemption and that volume caps were already relevant to stock-token activity. Then Enso said on October 9 that it had gone live on Robinhood Chain to help other apps incorporate Robinhood stock-token assets. Even so, actual trading stayed concentrated in a short list of liquid names, mainly NVDA and SPY.

Which non-stock pools actually held liquidity

If the question is which non-stock pools looked durable rather than purely speculative, PONS was the clearest answer.

A newer PONS/SUSD pool on Uniswap V4 did $63.0 million in 24-hour volume with $14.0 million in liquidity at 138 hours old. An older PONS line still did $20.4 million in volume with $3.0 million in liquidity, plus several supporting pools across Uniswap V3, Uniswap V4, Ramses V3, and Up V3.

That spread matters. PONS was down 17.5% on one older line, but it still had 47,656 trades, 5,627 buyers, 5,038 sellers, and liquidity spread across multiple venues. That is a real market, not a single hot pool.

MOW also held up well. It traded $17.1 million with $10.7 million in liquidity in a 243-hour-old pool. That is the kind of depth that can absorb flow.

A few other non-stock names also looked materially deeper than the launch crowd:

• AI: $15.0 million volume, $14.0 million liquidity
• CASHCAT: $10.5 million volume, $14.7 million liquidity
• ORBIO: $7.4 million volume, $13.8 million liquidity

By contrast, the loudest new pools had much thinner foundations. PDCAP did $17.4 million on less than $95K liquidity. TFDCAT did $5.9 million on $159.4K. FREELUCIA did just under $1.0 million on $81.7K. Those are tradable pools, but not deep ones.

The repeat names and biggest one-day moves

Across the five daily reports available from October 8 through October 12, one token showed up on more than one day: astro. It appeared in the October 8 movers and again in the October 12 movers. No other symbol repeated across multiple days in the available history.

Within single-day lists, there were a couple of duplicates. SWARM appeared twice on October 8, and Dacity appeared twice on October 11. But those were same-day repeats, not week-long persistence.

The biggest single-day moves in the available reports were:

• IMD6900 on October 12: 745,769.42%
• PAPER on October 9: 556,835.17%
• QI on October 9: 205,699.14%
• TORCH on October 11: 112,535.23%
• swordcat on October 8: 53,147.58%
• GIGATENEV on October 10: 48,671.31%

Taken together, that is the cleanest summary of the week. Robinhood Chain still had plenty of trading, but it was concentrated: V4 and V3 owned the volume, stock-token flow centered on NVDA and SPY, and the noisiest momentum came from brand-new pools whose percentage gains were mostly listing effects.