DeFi Pulse — 2026-07-22
DeFi total value locked continues its 2026 downtrend amid persistent headwinds, while Robinhood Chain emerges as a bright spot with over 50% month-on-month DAU growth driven by meme coin volumes and stablecoin inflows. Layer 2 dominance remains concentrated on Base and Arbitrum, capturing over 75% of all L2 DeFi TVL.













