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Ethena captures over 70% of asset allocation in Robinhood Crypto Earn
Ethena's USDe dominates Robinhood's new Crypto Earn lending vault, holding roughly $100M in stablecoin supply on Robinhood Chain with 7% APY yields for
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Timeline cronologica
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Robinhood reports $377B in assets on platform, highlights Morpho integration for new lending product
Robinhood reports $377B in platform assets and launches Earn, a lending product built on Morpho's DeFi infrastructure offering around 7% APY on USDG
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Robinhood Chain's USDG holder count surges to 4K, up 10x in a week
USDG holder count on Robinhood Chain jumped from 400 to 4,000 in one week after mainnet launch, driven by 7% APY yields through the Robinhood Earn product.
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Ethena captures over 70% of asset allocation in Robinhood Crypto Earn
Ethena's USDe dominates Robinhood's new Crypto Earn lending vault, holding roughly $100M in stablecoin supply on Robinhood Chain with 7% APY yields for
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Robinhood's stablecoin market cap surpasses $270M, up 100% in a week
Robinhood Chain's stablecoin supply surpassed $270M in its first week, driven by USDG growth, 7% APY yields, and $500M daily Uniswap volume.