Robinhood Chain DeFi Interaction Rate Hits 1.7% Amid 492k New Addresses
2026-07-15 17:28

Woofun AI data shows that Robinhood Chain recorded 492,793 new addresses within 11 days of launch, yet cross-referencing with major DeFi protocols reveals only 1.7% interaction. Analysis of 11,272 active addresses over seven days indicates hood.fun attracted 2,171 wallets and Uniswap 1,658, while Morpho recorded zero active lending wallets. The median on-chain wallet balance stands at $8.2, with 112 addresses generating approximately 50% of trading volume. DefiLlama reports total value locked at $119 million, but the lending ledger contains only seven wallets, two of which hold 99.7% of funds.

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Tags:
clemh59
Robinhood Chain
AAVE
Morpho
Ethena
Pendle
hood.fun
Uniswap
DefiLlama
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