Robinwood Chain is close to $1 billion on TVL, Uniswap provides almost full liquidity

On August 14th, the Robinhood Sub-Zone Block Chain Project, Robinhood Chain, with a total lock value (TVL) of close to $1 billion, Geffrey Kendrick, an analyst at Standard Chartered, stated that its liquidity was almost entirely provided by Uniswap V2, V3 and V4, the fastest of all block chains. Robinhod Chain has now been the largest source of destruction for UNI through agreement costs incurred by Uniswap. With respect to the costs associated with Robinwood, following its launch on 27 July, the annualized destruction rate of UNI was approximately US$ 9 million, equivalent to 25 million NIs per year at approximately US$ 3.50 per item, or just over 4 per cent of the supply in circulation. Robinhod Chain came online on July 1st, focusing on moving real-world assets up the chain and reaching 194,000 active users in the first week of the line. This partnership has enabled Robinwood to directly use the mature DeFi infrastructure to provide mobility for block chain expansion. Robinhood is expanding its operations to the fields of encrypted money, forecast markets and monetization. The company recorded a record number of sales and revenues in the second quarter, but both the volume of encrypted currency transactions and the associated revenues declined。