Robinhood Chain Daily Brief: Onchain Activity, Trending Tokens, and DeFi Totals
Executive summary
Robinhood Chain hosts $1.04B in total DeFi TVL and $1.07B in circulating stablecoins, with capital concentrated primarily in lending markets and risk vaults on Morpho Blue and Steakhouse Financial [2, 3]. Daily trading volume is anchored by WETH and USDG ($274.40M 24-hour volume each), accompanied by active turnover in equity-denominated tokens and meme tokens [1, 2]. Among newly deployed pairs with significant liquidity, WOLFPACK emerged within the last 8 hours with $92.8K in liquidity and $5.17M in 24-hour volume, while the 8-day-old hXMAX pool holds $5.36M in liquidity [2].
- Total Value Locked (DeFi)
- $1.04B
- Circulating Stablecoins
- $1.07B
- 24h Volume (WETH & USDG Each)
- $274.40M
Trending Tokens by Activity and Volume
Trading on Robinhood Chain is currently dominated by core base assets WETH and USDG, which combined generate over $548M in daily volume across Uniswap pools [1, 2]. Equity-denominated tokens NVDA, SPCX, SPY, and GOOGL register substantial daily volume ranging from $2.62M to $9.02M [2]. Established ecosystem meme tokens CASHCAT and PONS maintain multi-million-dollar daily volumes and over 100K holders each [1, 2].
| Token | Price | 24h Change | 24h Volume | Liquidity | Holders | Age |
|---|---|---|---|---|---|---|
| WETH | $2.4K | -3.42% | $274.40M | $15.81M | 600.9K | 104d |
| USDG | $0.9996 | -0.01% | $274.40M | $15.81M | 424.3K | 104d |
| NVDA | $219.43 | -4.45% | $9.02M | $771.3K | 188.0K | 85d |
| SPCX | $151.01 | -4.25% | $6.29M | $341.9K | 113.4K | 83d |
| hXMAX | $9.93 | +14.84% | $5.80M | $5.36M | 194 | 8d |
| PONS | $0.3156 | +3.47% | $5.35M | $1.51M | 103.6K | 88d |
| WOLFPACK | $0.002969 | +70236.75% | $5.17M | $92.8K | 3.1K | 8h |
| SPY | $768.38 | -1.41% | $4.96M | $1.47M | 70.9K | 72d |
| CASHCAT | $0.1186 | +3.61% | $3.96M | $486.6K | 113.9K | 105d |
| GOOGL | $342.53 | -3.42% | $2.62M | $254.6K | 70.7K | 96d |
Newest Tokens with Real Liquidity
Recent deployments showing notable liquidity commitments on Robinhood Chain include:
WOLFPACK: Deployed 8 hours ago, carrying $92.8K in liquidity, $5.17M in 24-hour volume, and 3.1K holders, recording a +70,236.75% price movement over 24 hours [2].
hXMAX: Deployed 8 days ago, holding $5.36M in liquidity with $5.80M in 24-hour volume across 194 holders [2].
PEPONS and RAREFRIENDS: Tokens aged 26 and 28 days respectively; PEPONS has $52.1K liquidity and 167.5K holders, while RAREFRIENDS holds $169.2K liquidity with 268.6K holders, though 24-hour volume on both remains under $15K [1].
Chain DeFi Totals and Protocols
Robinhood Chain DeFi TVL stands at $1.04B, down 0.16% over 7 days and up 12.09% over 30 days, backed by $1.07B in circulating stablecoins [3]. Lending and risk curation account for the bulk of locked capital, followed by decentralized exchanges and perpetual contracts [3]. Note that individual protocol TVLs overlap because vaults and risk curators deposit capital directly into lending markets [3].
| Protocol | Category | TVL | 7d Change |
|---|---|---|---|
| Morpho Blue | Lending | $595.60M | -2.13% |
| Steakhouse Financial | Risk Curators | $523.47M | +1.13% |
| Uniswap V4 | Dexs | $165.18M | +6.87% |
| Lighter Robinhood Perps | Derivatives | $113.28M | -0.64% |
| Arcus Perps | Derivatives | $57.27M | +30.78% |
| Uniswap V3 | Dexs | $51.38M | -3.56% |
| Fables | Dexs | $35.05M | -12.31% |
| Grove Finance | Onchain Capital Allocator | $15.10M | +13.41% |
| Uniswap V2 | Dexs | $14.15M | -6.24% |
| Spark Savings | Yield | $9.79M | +12.87% |
Important risks
- Liquidity to volume imbalance: WOLFPACK exhibits $5.17M in 24-hour volume on only $92.8K in liquidity, creating high slippage exposure and severe downside volatility [2].
- Holder concentration: Top 10 holders control 50.6% of USDG and 63.8% of RAREFRIENDS [1]. Additionally, hXMAX holds $5.36M in liquidity across only 194 holders, indicating extreme concentration among early participants [2].
- Overlapping TVL metrics: Morpho Blue ($595.60M) and Steakhouse Financial ($523.47M) sum to more than the entire chain TVL ($1.04B) due to vault and curation deposits feeding into underlying lending markets [3].
- Automated screen limitations: Security checks executed on these tokens returned no flags found by the checks run, which serves as a screen rather than a guarantee of security [1].
Sources
- 01DeFi protocols (Robinhood Chain)DefiLlama protocol TVL and stablecoin aggregates for Robinhood Chain (156 days history).
- 02Market overview (Robinhood Chain)Codex trending tokens and Robinhood Chain status at block 88,814,633; contracts: WOLFPACK (0x5199ea953d71d6a5413be1b2efecd26aacab0000), hXMAX (0x71796aad4cdff942d3ee8bb1227f779255f89dbc), GOOGL…