💥 Robinhood Chain’s DEX volume just hit $1.6B — but there’s a catch.
Robinhood Chain’s daily DEX volume jumped 61% from Aug. 28 to Sept. 1, rising from $989 million to roughly $1.595 billion, according to DeFiLlama.
The Ethereum Layer 2 also held about $738 million in DeFi deposits and nearly $797 million in stablecoins. The numbers show how quickly liquidity and trading activity are building on a network launched just two months ago.
But volume alone doesn’t tell the full story. Early activity has been heavily driven by memecoins, while tokenized stocks — one of Robinhood Chain’s core use cases — remain a smaller part of the ecosystem.
👀 Can Robinhood turn this speculative activity into sustainable on-chain adoption?
#Robinhood #RobinhoodChain #defi
#ThuyBNB
$BTC $BNB $NEAR
Robinhood Chain’s daily DEX volume jumped 61% from Aug. 28 to Sept. 1, rising from $989 million to roughly $1.595 billion, according to DeFiLlama.
The Ethereum Layer 2 also held about $738 million in DeFi deposits and nearly $797 million in stablecoins. The numbers show how quickly liquidity and trading activity are building on a network launched just two months ago.
But volume alone doesn’t tell the full story. Early activity has been heavily driven by memecoins, while tokenized stocks — one of Robinhood Chain’s core use cases — remain a smaller part of the ecosystem.
👀 Can Robinhood turn this speculative activity into sustainable on-chain adoption?
#Robinhood #RobinhoodChain #defi
#ThuyBNB
$BTC $BNB $NEAR
