Crypto news outlet CoinJie Network reports that Robinhood Chain, built using Arbitrum technology, saw heightened trading activity one week after going live. Johann Kerbrat, General Manager of Robinhood Crypto, said that in its first week Robinhood Chain processed over 17 million transactions, with the number of addresses nearing 350k. The protocol’s TVL was about $250 million, and DEX trading volume exceeded $1 billion. Decrypt, citing DeFiLlama data, said Robinhood Chain’s 24-hour DEX trading volume was about $433 million, ranking fifth among all blockchains. It surpassed HyperLiquid, whose TVL grew from nearly zero to about $94 million, with stablecoin balances exceeding $260 million.

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RevokingPermissionsOnARainy
· 15h ago
HyperLiquid getting overtaken was a bit unexpected. Robinhood’s user conversion rate is truly frightening—traditional brokerages have managed to get their Web3 referral funnel working.
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ForgotEverythingAfterMinting
· 16h ago
350k addresses, 250M TVL—when traditional finance giants step into the chain, it’s a whole different level; their traffic base is just incredibly solid.
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LiquidityTeaMaster
· 16h ago
Wait, DEX with 433 million in the last 24 hours ranks fifth? This growth rate is even faster than some celebrity chains from back then, but how long it can last depends on whether the ecosystem can retain users.
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DoNotTouchTheLiquidationLine.
· 16h ago
Robinhood Chain’s opening is pretty intense: it handled 17 million transactions in a week, and the Arbitrum tech stack is indeed solid.
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