Has @RobinhoodApp already taken over these chains?
>
$ARB >
$OP >
$MEGA > Base
Some say Robinhood Chain has taken over the L2s.
Some say it's already dead.
So, which one is it?
Here's the L2 landscape right now, across the two metrics that actually matter: where capital sits (TVL) and where capital gets used (fees).
1️⃣ TVL: the parked capital
$7.16B is locked across L2s.
> Base owns 63.4% of it ($4.54B), more than every other chain combined. > Arbitrum is a distant second at 16.7% ($1.20B).
Robinhood Chain? 4.7% ($333M).
To be honest, this is really impressive for a chain that launched just