Robinhood Chain’s explosive rise: TVL surged 150% in five days, as a new public chain with built-in traffic is rewriting the market landscape

Let’s first talk about the most crucial data behind this surge

In the past 24h, total DEX trading volume reached $874 million, generating $4.24 million in fees, with total chain fees of $116,200

Trading volume over the past week was as high as $3.1 billion, up +10,503.57% compared with the week before last

The data is quite impressive. If you think it’s only DEX that’s booming, you’re wrong.

The perp market is also extremely hot

In the past 24h, trading volume was $6.5 million; in the past week, it was $18 million. Compared with perps on popular chains, it may indeed be just the tip of the iceberg—but this is Robinhood, a newborn.

Compared with the week before last, perp data grew by +4,317.38%

And the cross-chain bridge outstanding balance is more than 3x the DeFi locked-in custody scale. Large amounts of external capital keep flowing into Robinhood Chain through the bridge, with ample incremental capital supply. The ecosystem also still has a huge amount of room to absorb capital. Current DeFi has only digested a bit over half of the cross-chain funds, and TVL still has potential to double again.

When capital continues to flow in, you can expect the ecosystem space to bloom.

Currently, only the DEX is driving the data. The large stablecoin balance plus the native advantages in RWA will attract lending, RWA lending, and options derivatives protocols to enter. After the track diversifies, total TVL and trading volume will see a second wave of explosion.

Thanks to @vladtenev recognizing memes, recognizing the community, and mutual benefit.

‍#robinhood #cashcat