DeFi's Big Robinhood Chain Winners
Memes lit the fuse on Robinhood Chain, but DeFi's blue chips are also catching the upside as picks and shovels.
If you sort the top 100 cryptocurrencies by 7-day gains right now, a handful of DeFi heavyweights jump out. Indeed, among the biggest risers on the week were Lighter (LIT +16%), Morpho (MORPHO +15%), Arbitrum (ARB +13%), and Uniswap (UNI +9%).
These projects are in different verticals, of course, but they share an obvious tactical throughline regarding their momentum, namely that each of them has factored, in a big way, into Robinhood Chain's explosive launch.
That said, you might recall in my Wednesday piece on Robinhood Chain's meme meta that I noted how the L2 arrived with major ambitions around tokenized assets, and yet its early traction has been overwhelmingly meme-driven a la CASHCAT.
Subscribe for free to continue reading
- Support the Bankless Movement
- Access to thousands of articles
- Complete archive of Bankless episodes
- Embark on free quests in Airdrop Hunter
- Daily alpha in your inbox
Already subscribed? Sign in
William M. Peaster
William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he covers the onchain frontier with a particular interest in art, games, and other culture apps. He has a background in creative writing and writes fiction in his free time.
