Robinhood Chain's $869 million DEX volume appeared to be twice that of Base, but the comparison is misleading. Around 99.5% of the activity came through a single Uniswap deployment, the "2× Base" claim compared data from two different trading days, and Robinhood Chain's TVL is still only about 5% of Base's.
Here's what really matters: the actual trading volume, Uniswap's overwhelming share of activity, TVL comparisons, memecoin-driven demand, incentive programs, and the long-term sustainability...
This trader who started building 1,000 $BTC and 10,000 $ETH long positions in early July is now sitting on more than $5.48 million in unrealized profit.
The account entered its #BTC long on July 6 at an average price of $62,354, and its #ETH long on July 14 at $1,761.90.
Add: 0x15a4f009bb324a3fb9e36137136b201e3fe0dfdb
The combined position is now worth approximately $85.36 million. Despite paying more than $330,000 in funding fees, the trader remains comfortably in profit.
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