Robinhood Crypto released operating metrics about 100 days after launching its own blockchain, Robinhood Chain.
The data show that as of Oct. 12, cumulative trading volume on the Robinhood Chain decentralized exchange (DEX) exceeded $99 billion. Total value locked (TVL) topped $1 billion. Assets deposited on Morpho also surpassed $1 billion.
More than 190 stock tokens have been issued. The number of holders totals about 200,000 across more than 120 countries. Cumulative DEX trading volume related to stock tokens stands at about $15 billion.
Robinhood said that since launch, Robinhood Chain has maintained the top spot among all layer 2 (L2) networks in daily active traders.
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