Robinhood Chain DEX Volume Surpasses $560 Million, Sets Record High
Suehyeon Lee
Summary
- Robinhood Chain's DEX volume surpassed $560 million, setting a new all-time high.
- Daily active addresses neared 200,000, with more than 140,000 counted as new addresses.
- About 16,000 token launches were recorded in a single day, while meme coin Cash Cat saw its market capitalization top $100 million.
Forecast Trend Report by Period
Robinhood Chain's decentralized exchange volume hit a record high.
Wu Blockchain reported on July 9 that DEX volume on Robinhood Chain surpassed $560 million on July 8, setting a new all-time high.
Daily active addresses neared 200,000 that same day. More than 140,000 of them were new addresses making their first trades.
Token creation also surged. About 16,000 new tokens were launched in a single day, and seven meme coins among them reached market capitalizations above $1 million.
Cash Cat led the gains, with its market capitalization surpassing $100 million.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.