Robinhood Chain's DEX Hits $1 Billion in Trading Volume in One Week, Ranks Fifth Globally

HYPE-0.49%
ARB6.63%
According to Decrypt, Robinhood Chain's decentralized exchange (DEX) trading volume surpassed $1 billion in its first week since launch, surpassing Hyperliquid to rank fifth globally. The network processed over 17 million transactions and attracted nearly 350,000 active addresses, with total value locked (TVL) reaching approximately $250 million. On a single day, DEX trading volume hit $433 million in 24 hours. Arbitrum (ARB), which provides the underlying technology for Robinhood Chain, rose approximately 20% on the day. Under the mechanism, Robinhood Chain will return 10% of protocol net revenue to the Arbitrum ecosystem.
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