July 11, 2026·Bearish·critical issue

Robinhood Chain Hit by Scams Within 10 Days of Launch

Robinhood Chain, launched 10 days ago, is experiencing honeypot contracts, rug-pulls, and wallet drainers. These scams are common on new chains with available liquidity, raising concerns about the platform's security and user protection.

Detected & updated continuously · Source: Ruma

Sources

@BenX_HQ

Robinhood Chain is 10 days old and already has honeypot contracts, rug-pulls, and wallet drainers. Every new chain with liquidity gets this playbook within days. The real question is whether Robinhood's retail user base gets burned enough to scare them off DeFi for good. $UNI