Robinhood Chain DEX Trading Volume Surges 857% to $563.9M Overnight

UNI-0.27%
MEME2.88%
According to Dune Analytics, Robinhood Chain DEX trading volume surged to $563.9 million on July 8, up 857% from $58.9 million on July 7. The spike follows the recent mainnet launch of Robinhood Chain, a Layer 2 blockchain by Robinhood, with increased inflows of liquidity and demand for Uniswap-based trades and meme coin transactions driving the growth.
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