Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth

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Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth

60-second summary

Robinhood Chain is witnessing a surge in daily transactions, reaching 11.6 million, while its total value locked (TVL) is experiencing growth, driven by USDe. This contrasts with a stagnant user base, indicating a divergence in metrics.

There is a clear divergence for Robinhood Chain in the number of transactions and TVL growing against a stagnating user base.