According to CoinDesk, Robinhood is betting on the DeFi market through Robinhood Chain, aiming to bring 10 million active users onto the chain. On July 12th, Robinhood Chain's 24-hour DEX trading volume reached 878 million US dollars. At present, the online trading is mainly driven by Meme coins, and the market value of CASHCAT once reached $156 million, while the market value of RWA tokenized assets is only about $12.66 million. On July 13th, the trading volume of Robinhood Chain perpetual contracts was $5.9 million, while the trading volume of Hyperliquid during the same period was $8.9 billion. Robinhood Chain bridges TVL for approximately $734 million, with an actual on chain lock up volume of approximately $211 million.
