Robinhood Chain integrates VelvetX to launch limit orders, stop losses, and take profits

Robinhood Chain has integrated VelvetX, the trading terminal built by Velvet Capital, to offer limit orders, take-profit targets, and stop-loss functionality on its network. For a chain that launched barely two months ago and already hit $945 million in DEX volume on its peak day in August, the addition of automated order types is less a nice-to-have and more of an infrastructure necessity. What VelvetX brings to the table VelvetX first integrated support for Robinhood Chain around July 7, roughly a week after the L2 went live on mainnet on July 1. The initial integration enabled cross-chain swaps, meaning traders could move assets onto Robinhood Chain without the usual manual bridging headaches. Now the platform has rolled out its advanced order suite. Traders on Robinhood Chain can set take-profit levels to automatically lock in gains at a target price, deploy stop-losses to cap downside risk, and use standard limit orders to buy or sell at specific price points. VelvetX also supports dollar-cost averaging functionality, letting users spread purchases across time. For users with embedded wallets, VelvetX offers a gasless trading experience. Robinhood Chain’s explosive early growt...