ROBINHOOD CHAIN GENERATES $350K IN NETWORK FEES IN 24 HOURS
Robinhood Chain users paid $350,000 in network fees over the past day, ranking it fourth among all chains behind only Canton, Tron, and Solana, according to DeFiLlama data.
Launched on July 1, the EVM chain has rapidly grown to $315 million in DeFi TVL. While designed for on-chain equities and ETFs, it has emerged as a major hub for meme coin activity. Our research team covers the chainโs explosive growth below:
LATEST: ๐ Robinhood Chain hit $480M in TVL and 1.6M monthly active users, both up 50%โ60% in a week, while daily transactions reached 10M, per Token Terminal.
Robinhood Chain did $5.25B in a week
Up 490%. @RobinhoodCrypto's L2 is 16 days old and cleared $5.254B in weekly DEX volume, per DefiLlama data.
@Uniswap is 99% of it. $588.93M of the $594.74M traded in the last 24 hours. Everything else on the chain is a rounding error.
DeFi TVL sits at $220M against that flow, with $816M bridged in. The chain itself booked $175,178 in revenue yesterday.