Retail L2s & Launchpads

Robinhood Chain, Pons, and Arbitrum — Retail L2 Meets Launchpad Heat

Robinhood Chain (Arbitrum Orbit L2, mainnet 1 Jul 2026) has ~$909M DefiLlama DeFi TVL two months in, while Pons — not "Ponds" — is running pump.fun-class daily fees on that chain. ARB is the stack token, not the chain token: #2 ETH L2 by DeFi TVL with a hard spot re-rate into a mid-September unlock. The note separates HOOD exposure, launchpad reflexivity, and ARB fee accrual.