TomWan

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AI from @longdotxyz just flipped CASHCAT as the largest memecoin on Robinhood Chain, while still hasn't been listed on Robinhood Trading Platform yet.
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CASHCAT+11.41%
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When you think the daily fee revenue of Robinhood chain couldn’t go higher than $4.6M, it just closed the day with a new ATH at $6M
With the recent daily highs in fee revenue, Robinhood chain’s 7D annualised revenue is now $1.1B
Robinhood Chain generated $2M in daily revenue yesterday and has now reached $10M in lifetime revenue, less than two months after launch.
It led all chains in fee revenue yesterday:
• 2x Solana
• 4x BNB Chain
• 5x Ethereum
• 20x Base
Data:
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SOL+10.52%
BNB+4.35%
ETH+5.48%
Ethena’s proposed fee switch would go live following a governance vote.
The revised activation framework has 1 parameter: USDe supply.
The first milestone is $7.5B. Supply is currently ~$4B, so Ethena needs ~$3.5B more before activation.
The fee would be taken from gross revenue across whitelabel stablecoins, sUSDe, and new revenue streams. The take rate would step up at subsequent supply milestones.
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ENA+6.14%
USDE-0.01%
Robinhood Chain Stock Tokens have reached $40M Market Cap.
• The most popular token continues to be NVDA, with its earnings going to be released on Wed.
• SPY has replaced SPCX as the token with the 2nd highest tokenized value, with $4.2M market cap.
Data from:
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NVDA+0.17%
SPCX-2.15%
The top launchpads on Robinhood Chain keep swapping places.
• @flapdotsh
• @pools_dot_fun by @0xDeployer (launched 14 Aug)
• @ponsdotfamily
• @bankrbot
• @TradePools by @Uniswap
Source: arbdata[.]com
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UNI+20.00%
TVL is built by LPs' capital, but LPs are loyal to a single layer: the chain, the protocol, or the asset.
When launching an incentive program, the real question is whether you can own/convert the LPs. If you can't, you're renting capital from others.
Take a chain launching an incentive program with Aave for USDe looping: if the end LP belongs to Ethena, the capital leaves the moment the incentive tapers off, redirected to whatever Ethena partners with next.
AAVE+9.19%
USDE-0.01%
ENA+6.14%
Every blockchain continues to scale by shortening block times.
Monad just announced a cut to 300ms, and Solana is progressing from 400ms toward 200ms. As of now, Arbitrum and Robinhood Chain still lead with the shortest block times, at 250ms and 100ms respectively.
MON+5.57%
SOL+10.52%
ARB+25.13%
Robinhood Chain has reached $600M in protocol TVL.
The majority comes from Lending & Asset Management, at a combined 81% share. The rest breaks down as:
• Spot DEXs: 9.7%
• Perp DEXs: 4.7%
• RWAs: 4.2%
As it turns out, the "New" Noxa @NoxaLaunchpad is a different project as the original @Noxa_Fi, the launchpad for CASHCAT.
They have launched yesterday but only has limited traction so far. The domination of Pons and Flap are unimpacted.
Morpho Midnight's orderbook is going to be one of the venues that matters most for reading DeFi rates. It gives crypto credit something it's never had: a term structure. Fixed rates at fixed maturities, set by an orderbook instead of a utilization curve.
TradFi has always priced credit this way. An overnight rate anchors the front (repo, the policy rate), and a curve of term rates prices duration out along bills, notes, and bonds. DeFi has lived entirely at the overnight point, floating rates that reprice every block. Midnight adds the rest of the curve.
Liquidity is still thin, but the appeti
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MORPHO+11.05%
BTC+5.49%
BLUE+1.68%
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Arbitrum Treasury Management Program's ETH Deployment is generating 4.5% APY
+2.2% higher than the benchmark using Lido's stETH at 2.32%.
Data from by @EntropyAdvisors
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ETH+5.48%
STETH+5.54%
Robinhood Chain has already generated $1M in Fee Revenue after 2 weeks of official launch
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HOOD+9.54%
Noxa, the primary token launchpad on Robinhood Chain, has paused new token creation.
To date, 60k tokens have launched from Noxa, including the chain's most popular memecoin, CASHCAT. No token has been launched today from Noxa.
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MEME+6.23%