Wu Blockchain (@WuBlockchain): Robinhood Chain Reaches $700M in Onchain Assets Three Weeks After Launch, Including $430M in Stablecoins
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Robinhood Chain Reaches $700M in Onchain Assets Three Weeks After Launch, Including $430M in Stablecoins According to Entropy Advisors, Robinhood Chain holds about $700 million in onchain assets three weeks after launch, including $430 million in stablecoins. Roughly $500 million is deposited across DeFi protocols, with around $200 million in Morpho earning an approximately 7% yield through Steakhouse Financial. Morpho is integrated directly into Robinhood’s main app, without requiring users to access a separate Robinhood Wallet.