🏦 Robinhood $HOOD Chain's surge drives $UNI burn volume to $1 million/day
The rapid growth of Robinhood Chain has brought major benefits to Uniswap. In two months, the number of tokenized stock holders has increased from nearly zero to 863,800, with average daily trading volume ranging from $100 million to $130 million. On September 4, Robinhood Chain's daily fees reached $6 million and revenue reached $5.4 million.
This active activity has pushed daily UNI burn value to a record high. According to data from Wu Blockchain Data Center, the value of UNI burned reached $1.15 million, surpassing the $1 million/day mark for the first time. In total, about 184,000 UNI were burned, of which Robinhood Chain contributed about 150,000 UNI. Notably, Robinhood DEX trading volume surpassed $3 billion for the first time, with Uniswap accounting for as much as 98% of this activity.
#DeFi #CryptoNews
🔗 Source: AMBCrypto
⚠️ This information is for reference only and is not investment advice. Please do your own research before making any decision (DYOR).
The rapid growth of Robinhood Chain has brought major benefits to Uniswap. In two months, the number of tokenized stock holders has increased from nearly zero to 863,800, with average daily trading volume ranging from $100 million to $130 million. On September 4, Robinhood Chain's daily fees reached $6 million and revenue reached $5.4 million.
This active activity has pushed daily UNI burn value to a record high. According to data from Wu Blockchain Data Center, the value of UNI burned reached $1.15 million, surpassing the $1 million/day mark for the first time. In total, about 184,000 UNI were burned, of which Robinhood Chain contributed about 150,000 UNI. Notably, Robinhood DEX trading volume surpassed $3 billion for the first time, with Uniswap accounting for as much as 98% of this activity.
#DeFi #CryptoNews
🔗 Source: AMBCrypto
⚠️ This information is for reference only and is not investment advice. Please do your own research before making any decision (DYOR).