Robinhood Chain launch draws $141 million in bridged ETH as TVL tops $130 million

Robinhood Chain has launched its mainnet with about $141 million in bridged ETH and more than $290 million in stablecoin inflows or supply, according to earlier DeFiLlama data cited by Odaily and PANews. New Bernstein data cited by Odaily said the blockchain generated about $3.1 billion in on-chain DEX trading volume in its first week after its July 1 launch, putting it among the global top five blockchains by DEX volume during that period. The chain also drew 65,000 users, held about $300 million in stablecoins, and hosted $13 million in tokenized stock assets. Earlier network metrics had shown total value locked above $130 million, including a cited $134 million level after a 17% 24-hour increase, along with roughly $12 million in tokenized real-world-asset value or market capitalization and more than $4 billion in cumulative decentralized-exchange volume. A separate report also cited TVL at $115 million and said the network had a 40% transaction failure rate, leaving execution reliability as a risk to watch alongside the rapid buildup in liquidity and trading activity.