Robinhood Chain Surpasses $430M TVL, Heavily Influenced by Memecoins
Robinhood Chain Surpasses $430M TVL, Heavily Influenced by Memecoins
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Robinhood Chain has rapidly achieved over $430 million in Total Value Locked (TVL) and attracted more than 250,000 daily users within its first three weeks. However, analytics from FalconX indicate that memecoins are a dominant force, contributing to 80% of the platform's $9 billion DEX volume.
Robinhood Chain hit $431M TVL and 250K+ daily users in under three weeks, but memecoins account for 80% of its $9B DEX volume, FalconX says.