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Robinhood Chain Average Daily Trading Volume Rises to 11.6 Million Transactions, USDe Drives 32% Weekly TVL Growth

Source: www.theblock.co
According to The Block, Robinhood Chain's average daily trading volume last week rose to 11.6 million transactions, reaching an all-time high, up approximately 30% from the previous week; on-chain Total Value Locked (TVL) rose to $473 million, up 32% week-over-week. However, daily active accounts increased only 3.3% week-over-week and remain 11% lower than the high on July 16, indicating that trading and capital growth mainly come from existing users rather than new users.

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