TLDR Tech / Crypto
Robinhood Chain Overtakes Base on Daily Active Users
Robinhood Chain surpassed Coinbase's Base in daily active users on July 21, recording 323,969 DAUs against Base's 274,520, three weeks after its July 1 mainnet launch. TVL climbed from under $5 million pre-launch to a record $588.9 million, and the chain edged out Base in spot DEX volume ($624M vs. $603M over 24 hours) while generating nearly four times Base's chain fees in the same period. Despite being architected for tokenized real-world assets, memecoins have driven the majority of on-chain activity. Stock Tokens reached only $19.3 million in tokenized market cap across 36,170 holders, a fraction of overall network usage. Base retains larger aggregate metrics across most other measures, and the DAU lead has traded hands multiple times since Robinhood Chain first crossed that threshold on July 11.
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