Robinhood Chain Generates $3.1 Billion in DEX Volume in Week One, Cumulative Accounts Top 750,000
Robinhood Chain generated $3.1 billion in decentralized exchange volume in its first week of operation, ranking the Ethereum layer-two among the top five networks for trading activity, according to Bernstein.
Launched on July 1 to host tokenized stocks, the network processed 3.6 million transactions daily and currently holds approximately $312 million in total value locked. More than 65,000 users maintain balances comprising $300 million in stablecoins and $13 million in tokenized equities, while cumulative daily accounts have now surpassed 750,000.
From the sources (25 posts)
@fintechfrankRobinhood chain is heating up. DEX volume hit $633M. Daily active users reached 306.5k on Friday. CEO Vlad Tenev: "While we're building Robinhood Chain to be the best chain for RWA... it works great for memes too."
@chainlinkRobinhood Stock Tokens are powered by Chainlink. GOOG. AAPL. MSFT. NVDA. AMZN. + many more. LINK @RobinhoodCrypto 🔗
@arbitrumRT @agamafinance: Day 1 @arbitrum Founder House London 🇬🇧 Building something new on @RobinhoodApp Chain: turn your idle tokenized stocks i…
@arbitrumRT @itsbrendanma: In just the last 24 hours: - Robinhood Chain did almost 5 million transactions - Just on today's fees alone, that annu…
@venturecoinistRT @krugman87: "Ethereum is a dead chain with no future" RH spins up an Ethereum L2 and immediately starts doing millions of transactions…
@arbitrumRT @on_datawarlock: Robinhood Chain is seeing a growing builder community. • 5.8K unique deployers • 36.4K smart contracts deployed • Acti…
@dcinvestorRT @barnabemonnot: It is not because ETH is the native gas token of Robinhood Chain that $100 million bridged there. Making ETH the gas tok…
@laurashin🚨@vnovakovski told me the Robinhood Chain perps deal was '12 years in the making,' dating back to high school. 🤝 We get into the 50/50 revenue split and how he thinks about the USDG collateral risk. 🎧 Timestamps: 🤝 01:28 Why Vlad calls th
@haydenzadamsRT @tokenterminal: JUST IN: Daily active traders on Uniswap's Robinhood Chain deployment surpassed 220k, up ~10x in the past week. Over th…
@tyler_did_itRobinhood Chain crosses $1B in 24-hour DEX volume What a massive come up
@cointelegraph📊 INTERESTING: Robinhood's tokenized stocks just crossed 40,000 holders after a 10x weekly surge.
@haydenzadamsThat dex volume is 99.5% @Uniswap
@danrobinsonRT @haydenzadams: That dex volume is 99.5% @Uniswap
@degeneratenewsNEW: @RobinhoodApp 24H DEX VOLUME SURPASSES $1 BILLION SOURCE: @Adam_Tehc -
@coingeckoINSIGHT: Robinhood Chain memecoins have now surpassed $244M in total market cap, up 33% today.
@degeneratenewsNEW: @RobinhoodApp FLIPS @ethereum IN 24H DEX VOLUME SOURCE: @DefiLlama -
@dcinvestor- hottest new chain so far as the new cycle begins - signals the start of TradFi coming onchain and directly bringing retail clients with them - uses ETH as gas and significantly as popular collateral and medium of exchange - reinforces Eth
@tyler_did_itUniswap becoming one of the biggest winners of the Robinhood Chain launch
@dcinvestorthe way to look at it is that Robinhood is TradFi, but on the experimental edge of what TradFi can be where they lead, TradFi laggards will carefully observe and then follow this is much more significant than Coinbase coming onchain becau
@tyler_did_itRobinhood Chain does over $2B in DEX volume over the weekend With ~300k daily active addresses and already over 800k lifetime actives data from @Adam_Tehc
@theblockcoTHE BLOCK: Robinhood Chain pulled $3.1B in DEX volume in its first week live, ranking among the top five chains, per Bernstein. More than 65K users now hold $300M in stablecoins and $13M in tokenized stocks on the chain following its July
@trustlessstateRT @vladtenev: One of the things we've learned from our Robinhood Chain mainnet launch is that ecosystems can grow incredibly quickly when…
@coindeskNEW: @RobinhoodApp Chain pulls $3.1B in DEX volume in its first week, ranking among the top 5 chains by DEX activity with 65,000 users holding $13M in tokenized stocks and $300M in stablecoin balances, per Bernstein.
@haydenzadamsRT @Uniswap: CCA and Uniswap Auctions are now live on Robinhood Chain, enabling teams to: → Run fully onchain token auctions → Discover a…
@coindeskNEW: Robinhood Chain, an Ethereum layer-2 launched July 1 to host tokenized stocks, has become one of crypto’s busiest new networks, with about $312 million in total value locked and 3.6 million daily transactions. Read the full story by @