TechFlow news, July 10, according to Decrypt, one week after Robinhood Chain went live, on-chain activity rapidly increased. Data shows that the chain has cumulatively processed over 17 million transactions, with nearly 350,000 addresses, total protocol value locked is approximately $250 million, and cumulative DEX trading volume exceeds $1 billion. Its single-day trading performance is also notable, with Wednesday trading volume reaching $568 million, Thursday exceeding $350 million, transaction count within 24 hours exceeding 5.2 million, and active addresses approximately 213,000.
DefiLlama data shows that Robinhood Chain 24-hour DEX trading volume is approximately $433 million, ranking fifth among all blockchains, surpassing Hyperliquid; TVL rose to approximately $94 million within a week, and stablecoin balance exceeds $260 million. Meanwhile, multiple Robinhood-themed tokens surged significantly. Influenced by Robinhood Chain adopting the Arbitrum tech stack and returning 10% of net protocol revenue to the Arbitrum ecosystem, ARB price increased by 20%.
