Robinhood Chain launched 3 weeks ago and has seen over $500M of capital inflows. One of its most powerful strategies is its lending layer. @RobinhoodApp Earn offers 7% USDG yield on deposits, powered by @Morpho, and lives inside the main Robinhood app. So any of their 27M+ customers can start earning in a few taps. Morpho deposits on the chain have surged to $222M, up 74% this past week alone, and the Earn feature hasn't even reached everyone yet. The yield product is what gets capital onto the chain. That capital feeds the broader strategy: tokenized stocks. And as liquidity begets liquidity, Stock Tokens can trade 24/7 on @Uniswap and be used as margin collateral for perps on @Lighter_xyz. So the user experience is decidedly 1-click and all of this happens without leaving Robinhood's ecosystem. data: @artemis

TradeXYZ flipped native Hyperliquid volume for the first time ever. $4.8B in daily volume (54%) vs $4.1B on Hyperliquid's native perps. Meanwhile, @tradexyz open interest hit a record $3.4B (+18% week-over-week). Six months ago native perps were 90%+ of the platform. Demand for equities, indices, commodities, and FX rather than crypto continues to accelerate. data: @Blockworks

Demand for tokenized equities, commodities, pre-IPOs, and 24/7 venues continues to swell. RWA perp volumes have now grown 2150% year-over-year and have reached record highs of $126B in volume in June. At the center of all this, @tradexyz extended its dominance, growing 45% from May to a new high of $83B in volume, and is now 66% of the entire category. Overall, RWA perps now account for 25% of all onchain perp activity, their highest share ever. data: @artemis