Solana Maintains DeFi Lead Despite Robinhood Chain Launch

Published by

Nidhi Kolhapur

July 16, 2026

robinhood chain flips hyperliquid in dex volume here's what really powered the surge

Solana continues to outperform Robinhood Chain across major decentralized finance (DeFi) metrics despite the new network’s strong debut. Solana currently has about $4.93 billion in total value locked (TVL), $1.91 billion in daily decentralized exchange (DEX) volume, more than 2 million active addresses, and $3 million in daily application revenue. Robinhood Chain has grown to approximately $185 million in TVL after recording more than $3 billion in DEX trading volume during its first week.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.