Robinhood Chain DeFi TVL rises 17.78% in a week to $683 million

  • Robinhood Chain recorded the fastest weekly DeFi TVL growth among leading blockchains.
  • $683 million was locked in Robinhood Chain DeFi, up 17.78% over one week.
  • Robinhood Chain launched in early July and reached mainstream status within two months.

Robinhood Chain’s DeFi TVL reached $683 million after increasing 17.78% over the past week, the fastest growth among leading blockchains, according to DefiLlama (a crypto market data platform). Its DEX (decentralized exchange) trading volume totaled $890 million over 24 hours, ranking fifth across the market, while fees reached $279,000, ranking sixth. Launched in early July, Robinhood Chain became a mainstream blockchain in the crypto sector within two months by measures including TVL and trading activity.

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