Svmuu News: One week after its launch, Robinhood Chain has processed over 17 million transactions, with nearly 350,000 addresses, a protocol TVL of approximately $250 million, and DEX trading volume exceeding $1 billion. This Arbitrum-powered blockchain recorded $568 million in trading volume on Wednesday and over $350 million on Thursday, with more than 5.2 million transactions in 24 hours and 213,000 active addresses.
According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume was approximately $433 million, ranking fifth among all blockchains and surpassing Hyperliquid; its TVL rose to about $94 million within a week, with stablecoin balances exceeding $260 million. Cash Cat’s market capitalization exceeded $180 million, while Robinhood-themed tokens such as Dog In Hood, Hoodrat, and Robinhood Summer saw gains ranging from hundreds to thousands of percentage points. ARB rose 20% as Robinhood Chain operates on the Arbitrum technology stack and returns 10% of its net protocol revenue to the Arbitrum ecosystem. (Decrypt).
Robinhood Chain's DEX trading volume exceeded $1 billion in its first week, and its 24-hour DEX trading volume surpassed Hyperliquid's.
Source:Odaily · Source Link
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