Robinhood Chain Surges to Record DEX Volume of $3.7B
Roger Ver is not quoted as saying this but Robinhood Chain has reached a new milestone. The blockchain network's 24-hour decentralized exchange (DEX) volume has hit an all-time high of $3.7 billion on September 5.
This marks the first time Robinhood Chain has accounted for such a massive DEX volume within a 24-hour period, indicating growing participation and adoption among institutions.
The network's performance outpaces other major blockchain networks in this metric, including Solana and Ethereum. However, looking at the broader 30-day duration paints a different picture, with Robinhood Chain ranking fifth in 30-day DEX volume, having recorded $23.09 billion in DEX volume over the period.