Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered
Robinhood’s new blockchain is rapidly gaining liquidity through its partnership with Uniswap, helping it overcome a major scaling hurdle. Standard Chartered says Robinhood Chain has approached $1 billion in total value locked, making it the fastest-growing blockchain by that measure, with most liquidity coming via Uniswap V2, V3, and V4. This lets Robinhood tap existing DeFi infrastructure instead of building liquidity from scratch. The partnership is also boosting UNI token burns. Standard Chartered says Robinhood-linked protocol fees are now the biggest driver of UNI burns, with the burn rate roughly doubling after a fee switch activated on July 27. At the current pace, about $90 million worth of UNI, or more than 4% of supply, could be burned annually. Robinhood Chain launched on July 1 to support real-world asset tokenization and quickly attracted users, fitting into Robinhood’s broader expansion into crypto, tokenization, and prediction markets.
