Robinhood Chain · 136

Data: Robinhood Chain's gross margin reached 87% to 90%

In comparison, according to Entropy Advisors, Robinhood Chain's gross margin has remained between 87% and 90% since its launch, and this data already includes the 10% AEP licensing fee paid to Arbitrum. The analysis points out that institutions chose Ethereum Layer 2 for a variety of reasons, but the lower operating security budget was an important consideration.

3d ago

Robinhood CEO: The world is entering a tokenization supercycle and calls for US regulation to speed up adaptation to the tokenized market

Comparing news, Robinhood CEO Vlad Tenev said in an article on the X platform that the world is in the early stages of the “tokenization supercycle”. The meaning of tokenizing is not simply moving stocks to the blockchain, but rather reconstructing asset ownership infrastructure so that assets can flow freely like internet information. Tenev said that Robinhood Chain has completed 100 million transactions more than a month after its launch. Its Stock Tokens have provided users in more than 120 countries with economic exposure to more than 190 US stocks, and are supported 1:1 by underlying stocks, but are not yet open to US users. He believes that as the regulatory framework matures, we expect token design to continue to evolve, including the emergence of tokenized shares with full rights to traditional stocks in the future. At the end of the article, it called for the US regulatory framework to speed up adaptation to the tokenized market, and stated that listed stocks are only the starting point, and assets with more restricted liquidity and access, such as private company equity, may become an important direction in the next phase.

3d ago

TVL grew by more than 45%, and Robinhood Chain's share of tokenized RWA fell to 6%

In comparison, Robinhood Chain's total hedging volume (TVL) increased by more than 45% in August, reaching more than US$540 million; the on-chain tokenized RWA was 32 million US dollars, up 120% month-on-month, but its share of TVL dropped from nearly one-third to 6% on July 7. The market value of on-chain stablecoins reached US$640 million, growing more than 22% during the month. Among them, USDe has grown by nearly 50% to US$286 million since the beginning of August, accounting for 44% of the total number of stablecoins on the chain; the native stablecoin USDG remained between US$330 million and US$350 million during the same period, accounting for 92.7% of total supply in the first week of launch.

4d ago#On-chain dynamics

Robinhood Chain's daily active users surged to 5.2 million, with Uniswap, stock tokens, and the NFT ecosystem as the main driving force

Comparing news, the Ethereum Layer 2 network Robinhood Chain recently showed abnormal growth in user data. Daily active addresses soared from the previous normal level of about 280,000 to 1.9 million on August 11, and further surpassed 5.2 million on August 12, drawing market attention. Judging from on-chain activity, this round of growth is mainly driven by three major applications: Uniswap (trading, liquidity pool, and Poolstrade launcher), StonKPit (stock token trading), and OpenSea (NFT trading). Among them, Uniswap contributed a relatively high level of activity. Robinhood Chain was initially connected to Uniswap as the main AMM liquidity infrastructure, while supporting OpenSea to trade stock tokens, NFTs, and community tokens. Robinhood's core strength is its native user portal. Through Robinhood Wallet integration, low threshold experience, and potential incentive mechanisms, the platform can quickly transform traditional financial users into on-chain users. Once combined with meme craze, new product launches, or ecological subsidies, it is easy to form short-term explosive growth. However, on-chain daily activity data also needs to be viewed with caution. A short-term surge of this scale may usually include a large number of robot addresses, mobile accounts, incentives for farming users, and low-quality interactive addresses. The actual number of effective users may be significantly lower than the statistical value. In the future, the market will focus on observing the continued growth of Robinhood Chain users. If activity is mainly driven by meme speculation, short-term activity, and gas subsidies, user data may decline significantly as popularity subsides.

8d ago

Standard Chartered says UNI's $100 target may be too low, and agreement fees are being destroyed faster than expected

Comparatively, according to The Defiant, Geoff Kendrick, head of global digital asset research at Standard Chartered Bank, said that its previously set UNI target of $100 by the end of 2030 may be too low. Kendrick pointed out that Uniswap's agreement fees on the Robinhood Chain were being destroyed faster than previously anticipated. According to the data, between July 27 and August 12, the Uniswap agreement had an average daily revenue of about US$244,000, annualized about US$89.1 million, all of which was used to buy back and destroy UNI. At the current price of approximately $3.53, the annualized amount destroyed accounts for about 4% of the circulation (6242 million pieces). Kendrick called this destruction rate “clearly unsustainable,” and even at its target price of $6.5 at the end of 2026, the annualized destruction rate is still 2.2%, which is difficult to maintain in the long run, and has yet to count for more Robinhood-like collaborations. The total revenue of the Uniswap protocol in the last 7 days was approximately US$1.55 million, of which Robinhood Chain contributed about US$925,000, accounting for about 60%. Uniswap has deployed v2, v3, v4, and UniswapX on the chain and has become the main public AMM.

8d ago

Data: Uniswap destroyed approximately $28.4 million in cumulative repurchases this year

In comparison, according to Castle Labs statistics, Uniswap has repurchased and destroyed approximately $28.4 million of UNI through a fee mechanism since this year, most of which comes from Ethereum. Since the inception of the fee switch, the expenses generated by Robinhood Chain have increased significantly, contributing approximately $2.26 million to UNI repurchases. Since late July, the Robinhood Chain has contributed about 50% or more of the daily amount of UNI destroyed on most days, and close to 70% on some days. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

9d agoburnking

SEC plans to introduce an “innovation exemption” for tokenized stocks to allow stocks such as Apple to be traded on the chain around the clock

Comparatively, the US Securities and Exchange Commission (SEC) plans to launch two crypto-related initiatives in the next few days, while Congress's “CLARITY Act” will remain at a standstill until at least September. The SEC plans to propose “Regulation Crypto” at a public meeting on Friday to allow projects to be funded through token sales without completing full securities registration. The SEC is also planning to introduce an “innovation exemption” for tokenized stocks, details of which may be announced on Friday. The exemption will allow tokenized versions of stocks such as Apple, Tesla, and Nvidia to be traded around the clock on the blockchain, and support fragmented transactions and near-instant settlement. Such tokens usually track economic exposure to stocks, but do not come with voting or dividend rights. The move is part of SEC Chairman Paul Atkins's “Project Crypto” agenda, and Robinhood Chain, Solana, and Base have all promoted related on-chain markets. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

9d agoburnking

CASHCAT rebounded 4.9 times from a low point, and an address made a cumulative profit of 30,000 US dollars by filling up positions at a low point

According to news, Robinhood Chain's ecological meme coin, CASHCAT, is now worth about $0.1605, with a market capitalization of about US$159 million, rebounding about 280% from its low 10 days ago, reaching 4.9 times the price of the previous month's drop and rising about 16% in the past 24 hours. An address continued to buy CASHCAT during this round of decline and made 4 purchases at a low point, with a net investment of about $89,700, and a weighted cost of about $0.0568. At current prices, the profit from this portion of the position was approximately $16.28 million, and the return was approximately 181.4%. As of press release, an address still holds about 2.755 million CASHCATs, worth about $445,400 at current prices. Most of the positions were bought during the first round of the rally on July 7. Currently, unrealized profit is approximately US$289,800, total profit is approximately US$303,900, and the overall return is approximately 338%.

9d ago