Robinhood Chain's Top Launchpad Noxa Shuts Down After $12M in Fees
In mid-July, Noxa, the premier token launchpad on Robinhood Chain, suspended its operations after accruing fees estimated between $12 million and $14.5 million. Robinhood Chain, which is based on the Arbitrum Layer 2 network, was introduced on July 1, 2026, with Noxa responsible for over 60,000 token launches, representing 75% of all launches. On July 11, Noxa halted new token launches due to spam from bots. By July 13, the website became inaccessible after losing its domain. Subsequently, Noxa announced a migration to fun.noxa.eth and ceased fee collection, resulting in a significant selloff that saw CASHCAT plummet by over 33%. On the same day, competing platforms introduced 20,000 tokens, while existing tokens remain available for trading, though Noxa has yet to reveal a reopening timeline.
Key facts
- Noxa shut down in mid-July 2026 after generating $12-14.5 million in fees.
- Robinhood Chain, an Arbitrum-based Layer 2, launched July 1, 2026.
- Noxa deployed over 60,000 tokens, accounting for 75% of launches on the chain.
- Noxa's daily fees outpaced Pump.fun for five consecutive days.
- Robinhood Chain surpassed $4 billion in DEX volume within two weeks.
- CASHCAT memecoin peaked at $150M market cap, 12x the value of tokenized real-world assets.
- Noxa's website went offline July 13 due to domain registrar issues.
- Rival platforms flap.sh, trensh.today, bankr, and Pons absorbed displaced activity.
Entities
Institutions
- Robinhood Chain
- Noxa
- Pump.fun
- DefiLlama
- CoinMarketCap
- Uniswap
- DexScreener
- GMGN
- Cloudflare
- Brave
- eth.limo
- eth.link
- DBK Chain
- flap.sh
- trensh.today
- bankr
- Pons
- Vlad.fun