Robinhood Chain Achieves $3.1 Billion in DEX Trading Volume in First Week
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Robinhood Chain launched its mainnet on July 1, accumulating approximately $3.1 billion in DEX trading volume in its first week, ranking among the top five chains globally. Currently, over 65,000 users hold $300 million in stablecoins and $13 million in tokenized stocks on the chain. In terms of 24-hour DEX trading volume, Robinhood Chain ranks third globally with $809 million, following Solana and BNB Chain. The DeFi TVL on the chain surpassed $100 million within 15 days of its launch. The trading volume in the first week was primarily driven by speculative activities in meme coins, while Robinhood's long-term goal remains to promote trading of RWA such as stocks, commodities, and perpetual contracts.
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