Total value locked (TVL) in Robinhood Chain currently stands at approximately $325 million in less than a month since the mainnet went live, without a single down day.
Despite TVL continuing to compound over the past month, every throughput metric peaked in the chain’s second week and has since ground lower.
DEX volume averaged $553 million per day last week, down 27% compared to the prior week.
The number of active accounts averaged around 275,000 per day, also down by 7% week over week.
The chain’s turnover, which is measured by dividing DEX volume by TVL, fell from 9.25x in the second week of July to just 1.68x by last Friday.
