Robinhood Chain TVL Surges 11,678% to $589M, DAUs and DEX Volume Overtake Base
2026-07-23 10:59

Woofun AI data shows that Robinhood Chain recorded 323,969 daily active users on July 21, exceeding Base's 274,520 for the second time since mainnet launch. Total Value Locked reached $588.9 million, a 14% daily increase, with Morpho holding 44% and Ethena 26%. On-chain stablecoin supply rose 30% weekly to $438.8 million, while spot DEX volume hit $624 million, surpassing Base's $603 million. Meme coin trading drove this activity, as tokenized stock market value remained at $19.3 million. Base retains significant leads in DeFi TVL ($4.64B), stablecoin supply ($4.84B), and perpetuals volume ($255.5M). Robinhood Markets stock closed at $107.55 on July 21.

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Tags:
Robinhood Chain
Base
Morpho
Ethena
Robinhood Markets
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