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Robinhood Chain’s DEX single-day trading volume soared to a new high of US$989 million in August
Blockchain

Robinhood Chain’s DEX single-day trading volume soared to a new high of US$989 million in August

The Block reported that the single-day trading volume of the decentralized exchange on Robinhood Chain hit a record of US$989 million in August, the total lock-up value increased simultaneously, and the proportion of utility tokens is catching up with memecoin.

Robinhood Chain's Daily Transactions Hit 11.6 Million, But User Growth Isn't Keeping Pace
Blockchain

Robinhood Chain's Daily Transactions Hit 11.6 Million, But User Growth Isn't Keeping Pace

USDe has pushed Robinhood Chain's TVL higher and transaction volume has surged to 11.6 million per day, making the on-chain numbers look great. But the user base has barely grown over the same period, exposing a clear gap between the two trend lines.