$CASHCAT is under pressure, trading around 0.1693 after falling roughly 18% from the 0.2056 high.
Robinhood Chain has had a pretty wild start.
In just two months, the chain has recorded $34.6B in DEX volume, while TVL climbed from around $4M at launch to $1.4B by August 25. Daily DEX volume also reached $2.67B on September 4.
Solana is still handling around $2.5B daily, so I’m watching this competition closely.
The bigger question now is whether Robinhood can maintain the activity organically once incentives become less important.
Robinhood Chain has had a pretty wild start.
In just two months, the chain has recorded $34.6B in DEX volume, while TVL climbed from around $4M at launch to $1.4B by August 25. Daily DEX volume also reached $2.67B on September 4.
Solana is still handling around $2.5B daily, so I’m watching this competition closely.
The bigger question now is whether Robinhood can maintain the activity organically once incentives become less important.
