Robinhood Chain: TVL hits $1B, daily DEX volume reaches $1.88B
- —Robinhood Chain's TVL has grown to nearly $1 billion since its July 1 launch
- —Daily DEX trading volume reached $1.88 billion on Sunday
- —Analyst identified four factors driving the network's growth
Why it matters: Robinhood Chain's rapid growth intensifies competition with Ethereum and Solana for tokenized assets and liquidity.
Source: The Block