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Robinhood Chain is starting to look like more than a place to trade tokenized stocks.
DEX volume fell 30% to $6.35B, yet DeFi TVL climbed to $1.058B.
And the bigger signal? Morpho had $486.8M in open loans.
Trading cooled off, but lending kept growing.
That week alone, borrowers paid ~$417K in interest + liquidation bonuses, while Morpho itself recorded $0 in protocol revenue.
The market may be shifting from speculation to financial infrastructure.
$HOOD $xHOOD
#HOODQ3TradingGrowth
Will Robinhood (HOOD) beat quarterly earnings?307K vol
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