State of DeFi on Robinhood
Robinhood just crossed $1B in DeFi TVL.
The first blockchain to cross this milestone in less than two months.
Here are the key numbers:
โ $700M daily DEX volume, ranking #6 across chains
โ $712M stablecoin supply
โ $1B+ DeFi TVL, with ~40% in lending led by @Morpho
โ $1.7B weekly volume from memecoin pairs
โ $1M+ app revenue this week
Still day one.
Did you know?
When you swap on https://t.co/YXf5IjTRy2 you're burning a portion of the token you trade.
Swap frong:native, burn frong:native
Swap tendies-2:native, burn tendies-2:native