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Robinhood Chain DEX Volume Reaches Record $560 Million
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Robinhood Chain’s decentralized exchange recorded more than $560 million in daily trading volume on July 8, marking a new high, according to the source. Daily active addresses approached 200,000, including more than 140,000 first-time users. The network also saw nearly 16,000 new tokens launched in one day, with seven meme coins reaching market capitalizations above $1 million. Investors will watch whether user activity and trading volumes remain strong in the coming days.
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