CASHCAT jumps 120% in a week as Robinhood Chain TVL hits $774 million

Token deployments across the chain’s launchpads have fallen from roughly 35,000 per day in mid-July to about 10,000, according to data. Noxa still holds around $137,000 of CASHCAT and has not sold; its balance has been flat over the past week while the value has risen 75%.

CASHCAT’s own distribution has broadened. DEXTools data shows the token has about 41,200 holders, the full 989 million supply is circulating with no locked allocation, and the largest single holder is the Uniswap pool providing its liquidity, at 2.47%.

The biggest wallets below that hold between 1.3% and 1.5% each. That pool holds $5 million, down from the $6.6 million backing a $105 million valuation in July, but still deeper than any other memecoin pool on the chain.

Deposits kept climbing through it all. Total value locked stands at $774 million, up 20% over seven days, with lending at 43% and asset management 41.5%. Two protocols hold nearly three-quarters of it: Morpho, at $332 million, is the lending market behind Robinhood’s own onchain earn product. Ethena, with $236 million in assets, issues a dollar-pegged token that pays holders a yield. Stablecoins on the chain total $575 million, up 14% from the week prior.