Robinhood Chain's 24-hour decentralized exchange volume exceeded $650 million on Aug. 11, ranking fourth behind Solana, BNB Chain and Ethereum mainnet, according to DefiLlama data cited by BlockBeats. The figure followed more than $483 million on Aug. 10, when the network ranked third behind Solana and BNB Chain. Separate data reported by The Block showed Robinhood Chain averaged a record 11.6 million daily transactions last week, up about 30% week over week, while total value locked, or TVL, rose 32% to $473 million. Daily active accounts increased 3.3% but remained 11% below their July 16 peak, suggesting heavier use by existing users rather than broad new-user growth. Ethena's USDe also expanded to $253 million, about 43% of the chain's total stablecoin supply, from $17 million a month earlier, displacing Robinhood's USDG as the previously dominant stablecoin.