Robinhood Chain TVL Breaks Through $536 Million, Stablecoin Supply Increases
2026-08-18 17:07:14
According to CoinMeta, based on DefiLlama data, the total locked-up value of decentralized finance (DeFi) on the Robinhood chain reached $536 million on August 17. At the same time, the supply of stablecoins also reached approximately $640 million, of which Ethena USDE contributed $287 million, while global dollars provided $351 million. Despite the significant growth in on-chain deposits, the asset composition remains unclear. Analysts Jean - Pierre Palomba - Marin estimate that the activity of real assets tokenized on the chain (RWA) is about $32 million, accounting for only 6% of TVL. Robinhood has also launched stock tokens, allowing qualified users to trade outside of restricted regions.
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Source:The Coin Republic
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