TVL Grew Over 45%, Robinhood Chain Tokenized RWA Share Fell to 6%

According to Odaily, Robinhood Chain's total value locked (TVL) grew over 45% in August, reaching more than $540 million. The scale of on-chain tokenized RWAs stood at $32 million, up 120% month-over-month, but its share of TVL fell from nearly one-third on July 7 to 6%. The on-chain stablecoin market cap reached $640 million, growing over 22% during the month. Among them, USDe grew nearly 50% since early August to $286 million, accounting for 44% of total on-chain stablecoins. The native stablecoin USDG remained between $330 million and $350 million during the same period, having accounted for 92.7% of total supply in its first week after launch.