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
The post Gauntlet Raises $125M Series C From SBI Holdings appeared on BitcoinEthereumNews.com.
SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure. Gauntlet, a DeFi risk management and vault curation firm with $1.42 billion in assets under advisement, closed a $125 million Series C funding round with SBI Holdings, the Japanese financial conglomerate, as the sole investor, Gauntlet said on X Thursday. The firm, founded by chief executive Tarun Chitra, said the capital will fund “building our infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings.” Gauntlet said it aims to provide “quantitative guardrails” as institutions move capital onchain. Gauntlet was last valued at $1 billion in 2022, when it raised roughly $24 million in a Series B round. Gauntlet did not disclose a post-money valuation for the Series C
SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure.
The post Arbitrum Gains as Robinhood Chain Boosts Network Activity appeared on BitcoinEthereumNews.com.
ARB jumped 7.6% as Robinhood Chain directed 10% of fees to the Arbitrum network. Robinhood Chain DEX volume topped $560M as active users and token launches reached records. RSI and MACD turned bullish as ARB recovered while traders watched key resistance levels. Arbitrum moved back into focus after ARB posted a daily rebound alongside growing activity surrounding Robinhood Chain. The renewed attention followed reports that Robinhood Chain will direct 10% of its chain fees to the Arbitrum network. Meanwhile, Robinhood Chain posted record levels of decentralized exchange activity, while Secret Network proposed migrating from Cosmos to Arbitrum, citing security concerns following a recent bridge exploit. Robinhood Chain Developments Support Network Activity CoinGecko reported that ARB gained 7.6% after news that Robinhood Chain plans to allocate 10% of chain fees to the Arbitrum ecosyst
The laundering through Tornado Cash complicates fund recovery, highlighting regulatory challenges and potential impacts on DeFi privacy tools.
The post Summer.fi hacker launders $1M through Tornado Cash after $6M exploit appeared first on Crypto Briefing.
Ethena's dominance in Robinhood Crypto Earn highlights shifting investor preferences and potential regulatory challenges in yield products.
The post Ethena captures over 70% of asset allocation in Robinhood Crypto Earn appeared first on Crypto Briefing.
The post Arbitrum to Capture 10% of Fees From Robinhood Chain appeared on BitcoinEthereumNews.com.
Offchain Labs co-founder Steven Goldfeder says every Arbitrum-based Layer 2, not just Arbitrum One, will now route a fee cut back to the ARB treasury. Arbitrum will collect 10% of fees generated on Robinhood Chain and every other Layer 2 built on its technology stack, Offchain Labs co-founder Steven Goldfeder said Wednesday on X. Of that cut, 8% goes to the tokenholder-controlled Arbitrum treasury and 2% funds development, he said. Goldfeder framed the fee-sharing model as a revenue play tied to enterprise growth. “As enterprise adoption is heating up, Arbitrum is well positioned to capture revenue,” he wrote, adding that Arbitrum One, the flagship rollup, sends 100% of its own fees to the treasury. The disclosure clarifies how Arbitrum’s Orbit framework, the toolkit third parties use to launch custom Layer 2 and Layer 3 chains on Arbitrum’s stack, monetizes for ARB holders beyond the bas
The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com.
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built
