TVL
Every story this desk has filed under TVL, most recent first.
Robinhood Puts $15bn of Stock Token Trading Behind Its First 100 Days
The company says its stock tokens have traded $15bn and reached 200,000 holders since launch, while lending protocol Morpho's dashboard shows roughly $1.1bn deposited on Robinhood Chain.
Robinhood Chain Memecoin Volume Peaked at $443m a Day, Then Fell 96 Percent
Crypto Briefing reports that daily memecoin trading on Robinhood Chain reached $443m before collapsing by 96 percent. The chain's overall figures tell a steadier story: total value locked set a record of $1.05bn today.
Robinhood Chain Crosses $1bn Locked on the Day Its Fees Collapse 97 Percent
The chain set a record for value locked at $1.00bn on Friday, according to DefiLlama, while CoinDesk reported seven-day average fees down 82 percent and per-transaction fees down 97 percent with activity barely moving.
Robinhood Chain Tops Hyperliquid on Daily App Revenue as Locked Value Peaks at $931m
The chain's total value locked reached an all-time high of $931.2m on Tuesday, according to DefiLlama, on a day when it also out-earned Hyperliquid on 24-hour application revenue. Swap volume, meanwhile, fell.
Robinhood Chain Hits a Record $930m Locked as Daily Swaps Near $2bn
Total value locked on the Ethereum layer 2 set an all-time high on Monday, DefiLlama data show, while a day of DEX volume approaching $2bn came with a 30 percent jump in fees.
A chain can hold under a billion dollars of capital and route more than that in a single day. Understanding why the three headline numbers move independently is the difference between reading a chain and guessing at it.
Total value locked gets the headlines, but stablecoin supply is the harder number to fake and the one that tells you what a chain is actually for. Here is how the two relate, and what the ratio between them means.
One Launchpad Doubled Robinhood Chain's Volume, and the Fee Line Went With It
Pons pushed Robinhood Chain to a record daily fee take and doubled DEX volume, according to The Block. DefiLlama shows the chain now holding $901.0m of total value locked, up 20.1 percent on the week.
Velocity, Not Depth: What DEX Volume to TVL Actually Tells You
A chain can print billions of daily swap volume against a few hundred million of locked value. The ratio is not a scandal or a badge of honour, it is a description of what kind of liquidity the chain has, and it can be gamed.
Robinhood Chain settled more DEX volume in a day than it holds in total value locked. That is not a contradiction, it is a statement about how often the same dollar gets reused, and it is one of the few ratios on a public chain that is hard to fake.
Why a Chain Can Hold More Stablecoins Than Total Value Locked
Robinhood Chain reports $726.7m of stablecoin supply against $641.7m of total value locked. The two numbers count different things, and the gap between them is the most useful thing on the dashboard.
Robinhood Chain Puts Up Its Busiest Day Since July, and TVL Sets a Record
The chain traded $443m across its decentralised exchanges and cleared more than 3 million transactions, according to Decrypt, on the same week total value locked reached an all-time high of $642.7m.