
Robinhood Chain: A Distribution Moat the Market Is Already Pricing
Robinhood Chain: TVL up 90% to ~$757M, $1.69B daily DEX volume, ~$20M holder revenue - all from crypto-native flow, with Robinhood's own users still just 1-2%.
Coindesk

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Robinhood Chain: TVL up 90% to ~$757M, $1.69B daily DEX volume, ~$20M holder revenue - all from crypto-native flow, with Robinhood's own users still just 1-2%.

CoinDesk Research's August STAR tracks a record $34.7B in tokenized RWA, a tokenized equity market cap ATH of $4.45B, and euro stablecoins hitting a new high of $776M.

Tokenized equities lead RWA inflows as the market recovers; Binance's bStocks hit ~$118.5M in two months, now #2 issuer and ~90% of on-chain equity DEX volume.

The July 2026 STAR report covers the MiCA USDT delisting, a second consecutive stablecoin decline, tokenized RWA at $32.1B, and equity volumes at $11.3B.

Anvil is a shared on-chain collateral layer built on a programmable letter of credit: reserve assets as a guarantee -no loan, no interest, keep custody & yield.

Markets repositioned since June, but Binance held share (~55% reserves, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

Markets repositioned since June, but Binance held share (~55% reserves, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.

TRON Q2 2026: stablecoin dominance rose to 28.7%, USDT hit $89B ATH, $89M fees (2nd to Hyperliquid), TRX +3%, deepening institutional & agentic reach.

The June 2026 Exchange Review covers the first monthly CEX volume rebound, and RWA perps reaching a record $311B.

Digital assets posted a third straight quarterly loss in Q2 2026 as capital rotated into AI equities. CoinDesk Research on what happened and what's next.
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