BlockBeats report: Less than three weeks since its launch, Robinhood Chain has attracted $431 million in TVL and over 250,000 daily active users. To date, meme token trading accounts for more than 80% of its DEX trading volume, which has reached $9 billion. However, FalconX suggests that tokenized RWAs could be a key driver of future activity on Robinhood Chain.
Robinhood Chain TVL Surpasses $430M in Less Than Three Weeks
KuCoinFlashShare
Robinhood Chain’s on-chain data shows that TVL has exceeded $430 million in under three weeks, with over 250,000 daily active users. DEX volume reached $9 billion, with meme token trading accounting for more than 80%. On-chain analysis indicates that tokenized RWAs could drive future growth, according to FalconX.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.