Robinhood Chain ecosystem TVL reaches $38.79 million

Protocol-level data shows Robinhood, Morpho and Spark as the largest contributors to assets deposited across the Robinhood Chain ecosystem.

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Summary

Robinhood Chain ecosystem total value locked has reached $38.79 million, with protocol-level data showing Robinhood at $12.17 million, Morpho at $9.75 million, Spark at $8.48 million and Uniswap at $5.49 million. Smaller allocations were reported for Maple Finance at $1.52 million, Ethena at $1.11 million, Meridian at $253,000 and Pancakeswap at $105,000. The figures, cited by Entropy Advisors data head Tom Wan, add detail to the ecosystem's asset base and show how liquidity is distributed across DeFi applications on the network.

Terms & Concepts
  • TVL: Total value locked, a measure of assets deposited in onchain finance applications.
  • DeFi: Blockchain-based financial applications such as lending, trading and yield products.