Ethena captures over 70% of asset allocation in Robinhood Crypto Earn

The post Robinhood Chain shocks DeFi as Uniswap volume hits $500M in 8 days appeared on BitcoinEthereumNews.com. Robinhood Chain has recorded $500 million in daily Uniswap trading volume within just eight days of launch, lifting total value locked above $106 million and pushing the Arbitrum-powered network into the top ranks of decentralized finance activity. Summary Robinhood Chain reached $500 million in daily Uniswap trading volume within eight days of launch. Ethena’s $50 million deposit helped push the network’s TVL above $106 million. Pump.fun integration, tokenized stocks, and gas fee waivers have accelerated early ecosystem growth. DeFiLlama data shows the network’s total value locked climbed to more than $106 million after surging 159% in 24 hours, while cumulative addresses approached 200,000. The same data places Robinhood Chain behind only Ethereum mainnet in 24-hour Uniswap trading volume, an unusually rapid rise for a newly launched Layer 2 network. Uniswap activity on th

Robinhood Chain has recorded $500 million in daily Uniswap trading volume within just eight days of launch, lifting total value locked above $106 million and pushing the Arbitrum-powered network into the top ranks of decentralized finance activity. DeFiLlama data shows…

Ethena's fee removal for USDe minting may boost institutional adoption but highlights DeFi's shift towards regulatory compliance. The post Ethena enables free minting and redemption of USDe with USDC appeared first on Crypto Briefing.

The post Robinhood Chain Metrics Surge as the Network Leans Into Memecoins appeared on BitcoinEthereumNews.com. Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain ‘great for memes.’ The biggest jump in value locked, though, came from an Ethena stablecoin deposit. Robinhood Chain’s onchain activity surged this week as a memecoin frenzy, a Pump.fun integration and a defecting Solana app converged on the barely week-old network — even as its largest single inflow traced to a stablecoin deposit rather than the meme trade. Cumulative addresses on the Arbitrum-based Layer 2 climbed toward 200,000 and protocol total value locked reached roughly $234 million, according to a network overview dashboard published by Entropy Advisors on Dune. The chain went live to the public on July 1, meaning nearly all of that growth was compressed into the past week, with activity accele

Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain 'great for memes.' The biggest jump in value locked, though, came from an Ethena stablecoin deposit.

Ethena’s USDe tops $4.5B in circulation as Binance, Robinhood, and Anchorage Digital expand access to its products. Ethena’s synthetic dollar, USDe, has crossed $4.5 billion in circulation, according to the supplied project details. The growth has brought fresh attention to ENA. Ethena built USDe as a dollar-linked crypto product that offers yield to holders. The […] The post ENA Heats Up as Ethena’s USDe Hits $4.5B and Lands Binance, Robinhood Deals appeared first on Live Bitcoin News.

20M ENA added to whale wallets as price fell 4.4% on June 30. Coinbase Ventures and Janus Henderson moves frame the bid. Key motives, risks, and next catalysts.

This partnership could significantly enhance retail access to decentralized finance, potentially reshaping traditional financial ecosystems. The post Ethena partners with Robinhood to launch product suite on Robinhood Chain appeared first on Crypto Briefing.