Robinhood Chain TVL Reaches $1.05B, Within 1% Of Its Peak

Robinhood Chain went from nothing to a billion dollars of locked value in under three months. DefiLlama shows $1.052 billion in total value locked on the chain as of October 17, up 0.66% in 24 hours. The Robinhood Chain TVL first crossed $1 billion on September 20 and has stayed between $992 million and $1.058 billion since.

The ramp started in July. DefiLlama's daily series first shows more than $1 million on July 3, passes $100 million on July 11 and reaches $500 million on August 13. The highest daily reading so far is about $1.058 billion, on October 14.

The pace has changed. Going from $500 million to $1 billion took 38 days, from August 13 to September 20. In the 27 days since, the Robinhood Chain TVL has added about 5%, from $1.004 billion to $1.053 billion. Growth has turned into a plateau.

The two largest lines are Morpho Blue at $597.82 million and Steakhouse Financial at $527.18 million, which DefiLlama files under Risk Curators. Together they come to more than the chain's whole total, so the lines overlap and cannot simply be added.

DefiLlama's Robinhood Chain page with key metrics and the TVL chart. Source: DefiLlama.

What the Robinhood Chain TVL page shows besides TVL

The same page lists $1.062 billion of stablecoins on the chain and $331.67 million of active real-world asset value under management. In the last 24 hours the chain's decentralized exchanges handled $662.03 million of volume and perpetuals added $1.112 billion.

Fees are modest next to those volumes. Apps paid $2.54 million in fees over 24 hours and kept $495,658 as revenue. The chain itself collected $51,905 in fees. A separate line shows $2.633 billion in bridged value, about 2.5 times the TVL figure.

Perpetuals volume was also roughly 1.7 times spot DEX volume on the day. Both ratios come from dividing numbers on the page, so they are ours.

Which protocols are growing

Below the top two, Uniswap holds $234.87 million, and Lighter sits at $111.77 million, up about 29% over 30 days. The fastest mover in the top six is Arcus at $61.96 million, which DefiLlama shows up 24.77% over seven days and 155% over 30 days. Fables follows at $34.5 million, up 64% over 30 days.

DefiLlama's protocol ranking for the chain, sorted by TVL. Source: DefiLlama.

How it compares with other newer chains

Plenty of newer networks now sit near the same size. DefiLlama lists Hyperliquid L1 at $1.02 billion, Monad at $978 million, Plasma at $562 million and Arc at $525 million. Tempo holds $107 million.

The trends differ. Robinhood Chain is within about 1% of its own peak and up 13.4% over 30 days. Arc is up 57.8% over 30 days. Hyperliquid L1 is down 21.2% over the month and sits far under its $2.77 billion peak. Plasma is more than 90% below its $6.36 billion high.

Every number here comes from one aggregator, and other dashboards count value in their own ways. This is a data report, not advice on any token or protocol.