Bathymark Analysis Standard
What is underneath Robinhood Chain's reported depth?
Robinhood Chain's nominal USD TVL changed +293.8% over the reconciled seven-day window.
- State
- Reported depth is deepening
- Confidence
- moderateThe chain level is source-backed. Confidence is capped because token-price effects are not removed from TVL.
- Observed
Three strongest drivers
- Reported nominal TVL$145.21MCurrent chain level from the validated DeFiLlama chain roster.
- Seven-day nominal change+293.8%$36.88M to $145.21M across 8 observed days.
- Stablecoin cash layer$295.12MOpen-data stablecoin circulating USD market value reported on this chain, shown separately from TVL and token units.
Open the 30-second readChange, history, comparison, and implication
What changed
Reported nominal USD TVL changed by $108.33M over seven days.
$36.88M to $145.21M across 8 observed days. A 30-day comparison is withheld.
Is it unusual
Current nominal TVL sits at the 100th percentile of the stored chain history.
Daily nominal-TVL change volatility is 375188.51%. Price effects remain inside that history.
How it compares
Robinhood Chain ranks #21 of 456 validated chains by nominal USD TVL.
The validated chain median is $408.9K. This is a level comparison, not a quality verdict.
Why it matters
Reported depth is strengthening, which can improve market capacity if activity and stablecoin USD market value confirm it.
This is market-structure context, not a forecast or a trade recommendation.
Open the evidence trailCounterevidence, invalidation, sources, and method
What argues against this reading
Token-price repricing can explain some or all of the nominal USD TVL change.
Bathymark does not label this series fresh capital, deposits, or withdrawals.
Stablecoin circulating USD market value is $295.12M, a separate stock that can confirm or contradict the TVL level.
Morpho Blue leads the visible protocol roster, but the slim endpoint does not expose its exact Robinhood Chain allocation.
What would change the call
The deepening call changes if the reconciled seven-day nominal USD TVL change is 0% or lower.
Measured byFirst and last validated DeFiLlama chain TVL values across a seven-day window under the same method version.
Next review
Exact sources
- DeFiLlama Historical Chain TVL APIhttps://api.llama.fi/v2/historicalChainTvl/Robinhood%20ChainSource observation: Supports: Nominal USD chain TVL history and reconciled period changes.Limit: Does not separate deposits, withdrawals, and token-price repricing.
- DeFiLlama Chains APIhttps://api.llama.fi/v2/chainsSupports: Current nominal chain TVL and peer ranking.Limit: The chain roster passed schema, completeness, and freshness checks.
- DeFiLlama Protocols APIhttps://api.llama.fi/protocolsSupports: Protocol presence, category, and total global TVL for the chain roster.Limit: Protocol TVL is visible depth, not proof of custody, solvency, safety, or redeemability.
- DeFiLlama Stablecoin Chains APIhttps://stablecoins.llama.fi/stablecoinchainsSupports: Open-data circulating USD market value across all reported stablecoin peg buckets on each chain.Limit: The per-chain stablecoin roster passed schema, completeness, and freshness checks.
Formula
7d nominal TVL change = (last nominal USD TVL - first nominal USD TVL) / first nominal USD TVL * 100The displayed period change is accepted only when it reconciles with the first and last source values. Price effects are not removed.
Open formula noteSnapshot receipt
- Observed
- Ingested
- Method version
- chain-depth-2026-07-11.1Current level, historical context, peer rank, and corroborating evidence remain separate fields.
Missing inputs
- Price-adjusted deposits and withdrawals