Robinhood Chain Hits $25B in DEX Volume: What's Next for Stock Tokens?
Ronaldinho's Layer 2 infrastructure, Robinhood Chain, has reached $25 billion in cumulative decentralized-exchange volume. This milestone was announced by Robinhood on August 25. One day later, the company revealed that Stock Token DEX volume had surpassed $1.5 billion.
This means that Stock Tokens accounted for approximately 6% of the total DEX turnover at the time. However, it's essential to note that this figure is an estimate due to the one-day gap between the announcements and the ongoing rise in chain-wide volume.
The remaining turnover consisted of memecoins, stablecoin pairs, ordinary crypto swaps, launchpad tokens, and other DeFi products. The aggregate figures do not provide a complete asset-by-asset breakdown.