AI · The Block
Robinhood Chain hits record $989 million in daily DEX volume as TVL broadens
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
Robinhood Chain recorded a record $989 million in single-day DEX trading volume on Friday.
Key facts
- The most notable example is PONS, one of the chain’s most dominant launchpads, whose market cap grew from $20 million to over $200 million this month alone
- Total value locked (TVL) clocked in at a record $708 million, a near 100% month-over-month increase
- Other notable utility-related Robinhood Chain projects include Delta, a liquidity-layer protocol, UP, a ve(3,3) emissions project similar to Aerodrome on Base and NetNet, an OHM-style bonding
- Robinhood Chain recorded a record $989 million in single-day DEX trading volume on Friday
Summary
Total value locked (TVL) clocked in at a record $708 million, a near 100% month-over-month increase. Alongside the absolute growth, the composition of projects and tokens that have grown in recent weeks, compared to the month prior, has changed. In July, Robinhood Chain was dominated by memecoin beta, following the run and eventual Robinhood spot listing of CASHCAT. The most notable example is PONS, one of the chain’s most dominant launchpads, whose market cap grew from $20 million to over $200 million this month alone.