Launch a memecoin on Robinhood Chain
Written by Uttam Singh
Robinhood built its chain for tokenized stocks, but deployment is permissionless, so anyone can ship anything they want on it. Mainnet went live on July 1, 2026, and within two weeks DEX volume on the chain jumped from around $200K to more than $500M, led by meme tokens like CASHCAT.
A memecoin is an ERC20 contract with a story. The contract is the easy half, and on Robinhood Chain it works exactly like it does on any EVM chain. You can deploy one yourself with Foundry in about twenty minutes, or hand the whole flow to a coding agent. Both paths are below, including a copy-paste prompt that lets any agent that can run shell commands drive the launch with the Alchemy CLI.
What is Robinhood Chain?
Robinhood Chain is an Ethereum layer 2 built on the Arbitrum Orbit stack, operated by Robinhood and designed for tokenized real-world assets. It settles to Ethereum, uses ETH for gas, and runs under chain ID 4663. It is fully EVM-compatible, and deployment is permissionless.
Robinhood Chain mainnet is live on Alchemy with RPC and WebSockets, webhooks, gas sponsorship, and the Data API. Endpoints live on the Robinhood Chain page.
If you have deployed to Ethereum, Arbitrum or Base before, nothing here will surprise you. Same tooling, same bytecode, different chain ID.
How do you deploy the token?
You need three things before anything touches the chain:
- A funded wallet. Gas is paid in ETH
- The token contract. For a memecoin, a minimal fixed-supply ERC20 is the standard shape. Our guide to the ERC-20 standard in Solidity covers what every function does.
- An RPC endpoint. Create a free app in the dashboard and select Robinhood Chain. The Robinhood Chain API quickstart walks through the first call.
The contract itself is short. Fixed supply, no mint function, no owner, so there is nothing to rug later:
// SPDX-License-Identifier: MIT
import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
contract Bagel is ERC20 {
constructor() ERC20("Bagel", "BAGEL") {
_mint(msg.sender, 1_000_000_000 * 10 ** decimals());
}
}Save that contract as src/Bagel.sol (forge init scaffolds a Counter.sol you can delete), then deploy it with Foundry:
forge init bagel && cd bagel
forge install OpenZeppelin/openzeppelin-contracts
# paste the contract above into src/Bagel.sol, then import your deployer key once
cast wallet import deployer --interactive
forge create src/Bagel.sol:Bagel \
--rpc-url https://robinhood-mainnet.g.alchemy.com/v2/$ALCHEMY_API_KEY \
--account deployer \
--broadcastThat last command puts the contract live on mainnet. cast wallet import stores the key in an encrypted keystore and --account unlocks it with a password at deploy time, which keeps the raw key out of your shell history and the process list. Robinhood also publishes its own Foundry deployment tutorial if you want the chain team's version.
What happens after the deploy?
A deployed contract is a token nobody can buy. The launch becomes real when you seed a liquidity pool on one of the DEXs already live on the chain and start distributing supply. This is also where buyers will judge you. Experienced memecoin traders check whether the supply is fixed, whether liquidity is locked, and how much the deployer wallet holds before they touch a token.
Can an agent launch the coin for you?
Every step above is scriptable, which makes it a natural job for a coding agent. The Alchemy CLI was built for exactly this. Every command takes --json --no-interactive so an agent can parse the output, and agent wallets give it a scoped session to sign with instead of a raw private key. This works with any agent that can run shell commands, Claude Code, Cursor, an OpenAI-based agent, or your own script. Claude Code users get a shortcut: the Alchemy plugin installs the CLI's skills and MCP server in one command.
One honest note on the division of labor. The CLI has no deploy command, so the agent runs the deployment through Foundry against your Alchemy endpoint and uses the CLI for everything around it, checking balances, pulling receipts, reading the contract back, and moving tokens. Those two halves sign differently, and it matters: contract creation goes through your Foundry keystore account, while the CLI steps sign with the agent wallet session. Set up the keystore before you hand the prompt over, or the agent will reach the deploy step with no key it can use.
Install the CLI with npm i -g @alchemy/cli, then give your agent this prompt. It interviews you for the token details before it writes a line of Solidity:
You have the Alchemy CLI and Foundry installed. Run `alchemy --json --no-interactive agent-prompt` first to load the CLI's command contract, then launch a memecoin for me on Robinhood Chain mainnet.
Start by asking me for:
- The token name and ticker symbol
- The total supply
- A logo image, and wait for me to upload the file before continuing
Do not invent any of these. Wait for my answers, then confirm them back to me before you write any code.
Once I have confirmed:
- Check that robinhood-mainnet is available with `alchemy evm network list`.
- Check my wallet with `alchemy wallet status`, then check its ETH balance on robinhood-mainnet with `alchemy evm data balance`. If it cannot cover gas, stop and tell me how much to fund.
- Write a fixed-supply ERC20 using the name, symbol, and supply I gave you, with no mint function and no owner, and deploy it with `forge create` against my Alchemy robinhood-mainnet endpoint, signing with my Foundry keystore account via `--account`. Never pass a raw private key on the command line. If no keystore account exists, stop and tell me to run `cast wallet import` first.
- Verify the launch: pull the receipt with `alchemy evm receipt`, then read the name, symbol, and total supply back with `alchemy evm contract read`.
- Ask me which wallet gets the first distribution, then send 1% of supply with `alchemy evm send --token <address>` using `--dry-run` first. Show me the preview and wait for my approval before the real send.
The logo never goes onchain. Keep the file path and hand it back to me for the block explorer and token list submissions once the contract is live.
Ask before every transaction that spends funds.Nothing in the prompt is specific to any one agent product, since the CLI and Foundry do all the actual work. For a deeper pattern on wiring agents to wallets and onchain data, see our guide to building onchain agents.
The prompt keeps every irreversible action behind your approval. When an agent holds a funded wallet on mainnet, that dry-run-then-approve gate is the difference between a preview and a live transaction.
Start building on Robinhood Chain
Robinhood Chain endpoints are live on our free tier. Create an app in the dashboard, select Robinhood Chain, and you have a mainnet endpoint on day one. No contracts, no waitlist, no minimum commitment. If you are taking the agent path, the Alchemy CLI gets you from install to a signed mainnet transaction in a few minutes.
Robinhood built the chain for stocks. Its first two weeks showed it will run whatever people deploy on it.
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