Robinhood Chain’s first quarter by the numbers
Robinhood Chain generated over $40m in revenue last quarter. Over $85b in DEX volume has been traded and $130m in tokenized equities have been added onchain.
The chain added over $1b in stablecoin market cap in two months. Stablecoin market cap is shared between Paxos’ USDG ($680m) and Ethena’s USDe ($370m).
With over $1.1b in TVL, Robinhood Chain is now a top 10 chain by TVL. Morpho and Steakhouse Financial both have over $500m in TVL on Robinhood Chain.
RWA Active AUM is at all-time highs: $175m in Private Credit and $160m in Stocks & Equities.
Since mid September, TVL has plateaued and DEX volume & chain revenue have fallen from their peaks. Last week’s chain revenue was the lowest recorded week, down 98% from September’s peak.

Many protocols are continuing to add TVL to the chain, but volume fell across most DEXs over the last week.
Robinhood Chain had an impressive foray into crypto so far. With activity trending down, we’ll be carefully watching to see where the chain goes from here. Today’s earnings call may provide insight into how Robinhood will invest in its onchain ecosystem moving forward.
TradeXYZ lists ANT perps as Anthropic prepares IPO
Anthropic is currently the highest valued private company on the planet. After its latest funding valuation of $965b at the end of May, its estimated valuation is over $1.6t.
Earlier this week trade[XYZ] announced the first Anthropic ANT perp listing that prices the stock per share. DefiLlama tracks existing Anthropic perps across 20 different venues, and most of them currently value Anthropic at around $1.9t.

Similar to the SPCX pre-IPO market, trade[XYZ]’s ANT market will likely attract large volume. Excluding CEXs, RWA perp open interest is dominated by trade[XYZ], growing another 5% over the last month.
Yield Discover is live on DefiLlama
Which yield pools are people piling into? And which pools just added rewards?
Major updates to yield pools this week: see which pools are growing the fastest, which ones are launching rewards, and newly listed pools. We also verified nearly 250 Solana yields.
Verified yields are live on nearly 250 Solana pools. We simulate what real holders would receive if they withdrew, and whether they can exit instantly or experience delays based on deposit size.
See detailed pool stats: 30d Stability, number of pool holders, Base + Reward yield split and simulate rewards based on your deposit size. Jupiter Lend USDC is currently paying 5.75% - if you deposited $10,000 in February you’d be on track to earn 4.70% annualized.
There are 3 days over the last few weeks where holders could only partially exit. There are 14k holders, and 3 wallets make up 38% of the pool.
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DefiLlama Research |
Schedule a call with our analyst team at DefiLlama Research for more market insights and to explore our market intelligence tools.
Gate Money is the centerpiece of Gate's "all-in-one platform" brand upgrade, under the theme "One Gate, Everything Money." This report covers what Gate Money offers, the scale of the exchange behind it, how the market reacted, and how it compares with similar moves by OKX and others.
Now that the market has real size, how good is the liquidity behind it? To find out, we took a live snapshot of four names (AAPL, TSLA, GOOGL and SPY) across perps on Bitget, Binance, OKX and Bybit, and spot on Bitget, Binance, OKX, Bybit and Hyperliquid.
On September 24, attackers drained $387.5M from Bitget’s hot wallets. Within a day, part of the funds were already being bridged and swapped across numerous assets, including XRP, ETH, BTC, USDT and USDC, through venues such as THORChain, Uniswap, Chainflip, NEAR Intents, 1inch and LayerZero.
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Market Overview |
Yield Watch This Week
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Ask LlamaAI What yield pools currently earn over 9% APY? Build a screener to find yields based on APY, stability scores, chains, exit status and TVL
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New on DefiLlama |
Will there be a DeFi hack this month?
We just launched prediction markets that settle on DefiLlama data.
Tracking protocol revenues? We just launched revenue markets for Hyperliquid, Pump, Aero, Uniswap, Collector Crypt, and Papertrade. New markets like fomo and Polymarket revenues coming soon.
Hedge against exploit risk by trading the odds of total DeFi hacks and exploits of specific protocols. We have markets for whether there will be exploits of major protocols this month. We also have weekly and monthly markets for the size of the largest hack.
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