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Project Overview
Entropy enhances the effectiveness, efficiency, and professionalism of DAOs, creating environments that attract top-tier talent and the industry’s leading companies. We also provides white-glove analytics services and help position businesses with viable crypto rail architectures. Working exclusively with Arbitrum.
Event-related news
Data: Total market cap of stablecoins on Robinhood Chain surpasses $200 million
Tom Wan, Head of Data at Entropy Advisors and former analyst at 21.co, stated on platform X that the total market cap of stablecoins on the Robinhood Chain has surpassed $200 million. He noted that a key factor driving this growth is Ethena. Data shows that Ethena currently holds $50 million USDG on Robinhood Chain, along with another $50 million USDG in the Ethena × Steakhouse USDG treasury, totaling nearly $100 million in assets under management, which accounts for approximately 50% of the total USDG supply on the Robinhood Chain.
Data: Robinhood Earn Vault TVL Reaches $16 Million, APY at 7.1%
Tom Wan, Head of Data at Entropy Advisors and former analyst at 21.co, stated on platform X that the Robinhood Earn vault, managed by Steakhouse Financial on Morpho, has currently reached a TVL of $16 million with an APY of 7.1%. Of this, 1.7% comes from protocol revenue, and 5.4% comes from incentive subsidies.Tom Wan noted that Robinhood allocates an annual incentive budget of $115 million in USDG to this vault. Based on the current incentive rate of approximately 5%, this could theoretically support a deposit scale of around $2 billion, corresponding to a TVL potential of between $1.5 billion and $2.5 billion.
Related news
Block time reduced to 300 milliseconds, Monad announces lower block time
Tom Wan, Head of Data at Entropy Advisors, stated in a post that Monad has just announced a reduction in block time to 300 milliseconds. Solana is also progressing from 400 milliseconds towards its target of 200 milliseconds. As of now, Arbitrum and Robinhood Chain maintain their leading positions in the fastest block times, achieving 250 milliseconds and 100 milliseconds respectively.
Data: Total market cap of stablecoins on Robinhood Chain surpasses $200 million
Tom Wan, Head of Data at Entropy Advisors and former analyst at 21.co, stated on platform X that the total market cap of stablecoins on the Robinhood Chain has surpassed $200 million. He noted that a key factor driving this growth is Ethena. Data shows that Ethena currently holds $50 million USDG on Robinhood Chain, along with another $50 million USDG in the Ethena × Steakhouse USDG treasury, totaling nearly $100 million in assets under management, which accounts for approximately 50% of the total USDG supply on the Robinhood Chain.
Data: Robinhood Earn Vault TVL Reaches $16 Million, APY at 7.1%
Tom Wan, Head of Data at Entropy Advisors and former analyst at 21.co, stated on platform X that the Robinhood Earn vault, managed by Steakhouse Financial on Morpho, has currently reached a TVL of $16 million with an APY of 7.1%. Of this, 1.7% comes from protocol revenue, and 5.4% comes from incentive subsidies.Tom Wan noted that Robinhood allocates an annual incentive budget of $115 million in USDG to this vault. Based on the current incentive rate of approximately 5%, this could theoretically support a deposit scale of around $2 billion, corresponding to a TVL potential of between $1.5 billion and $2.5 billion.