TVL

Total value locked (TVL) is the dollar value of assets deposited in a chain's or protocol's contracts — the standard, if imperfect, gauge of how much capital a venue holds. Robinhood Chain's DeFi TVL was around $132m in early July 2026, concentrated in the canonical bridge, Morpho, and Uniswap. TVL counts deposits, not usage, and is inflated during a fee-subsidised, speculative launch window.