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Robinhood Chain DEX Volume Hits Record $989 Million as Utility Tokens Rise

Summary by FinanceFeeds
What Drove Robinhood Chain To Record Trading Volume? Robinhood Chain recorded its strongest decentralized exchange activity yet in August, with single-day DEX trading volume reaching a record $989 million on Friday as liquidity and capital on the network continued to climb. Total value locked reached a record $708 million, nearly doubling from the previous month. Stablecoin supply also rose to about $770 million, up 47% month over month, giving …
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Robinhood Chain recorded a record of USD $874.8 million in daily volume of decentralized exchanges on August 30, 2026, according to data cited by sector reports. Network activity continues to be driven mainly by memecoins, while interest in Tokenized real-world shares and other assets grows. *** Robinhood Chain reached USD $874.8 million in DEX volume on August 30, its historic peak since the launch of the network. Memecoins accounted for more t…

Robinhood Chain has set a new record in decentralized exchange (DEX) transactions. The network reached an all-time high in single-day DEX transaction volume, totaling $989 million. Total value locked (TVL) on the network also hit a record high of $708 million, representing an increase of approximately 100% on a monthly basis. The stablecoin supply on Robinhood Chain also increased... Source: Bitcoinsistemi.com

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Monday, August 31, 2026.
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