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Robinhood Chain TVL surged 45% to $542 million in August
2026-08-18 08:23:09
According to CoinMeta, the total locked-up value of the Robinhood chain (TVL) surged by 45% in August, reaching a record $542 million. This growth mainly came from the inflow of stablecoins, with the Ethena's USDE increasing by 50% this month. Meanwhile, the proportion of the total value contributed by tokenized stocks, which are the main use cases for this chain, has dropped from one-third to just 6%.
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