Robinhood Chain Records $560M Daily DEX Volume Driven by Meme Coin Trading

Robinhood Chain recorded daily decentralized exchange volume exceeding $560 million as nearly 16,000 new tokens launched in a single day, according to data shared by onchain researcher Defioasis. The surge was driven by meme coin trading activity, with daily active addresses approaching 200,000 and more than 140,000 classified as first-time trading addresses. The activity reflects accelerated speculative trading on the Arbitrum-based layer-2 network, with seven meme coins now holding market capitalizations above $1 million and Cash Cat crossing $100 million in market capitalization.

Robinhood Chain Records 200,000 Active Addresses and 16,000 Token Launches

Data shared by onchain researcher Defioasis showed that daily decentralized exchange volume on Robinhood Chain exceeded $560 million. Daily active addresses approached 200,000, with more than 140,000 of those classified as first-time trading addresses.

Nearly 16,000 new tokens were launched on Robinhood Chain in a single day, according to the data. Seven meme coins on the network now have market capitalizations above $1 million. Cash Cat crossed $100 million in market capitalization.

Arbitrum Receives 10% of Robinhood Chain Fees Under Revenue-Sharing Model

Steven Goldfeder, co-founder of Offchain Labs and a contributor to Arbitrum, said that 10% of fees collected on Robinhood Chain and other Arbitrum layer-2 networks flow to the Arbitrum ecosystem. Of that, 8% goes to the tokenholder-controlled treasury and 2% funds development, according to Goldfeder.

The fee structure applies to Robinhood Chain activity as part of Arbitrum's infrastructure support for specialized layer-2 networks.

Pumpfun Adds Robinhood Chain Token Trading Without Bridging Requirement

Pumpfun announced that Robinhood tokens are now available to trade on the Pumpfun app. Users can trade Robinhood Chain tokens without bridging and can execute trades using SOL.

Pumpfun founder Alon said the app is expanding beyond its original token ecosystem to cover cross-chain speculation. He said the platform aims to support whatever traders want to trade, including Robinhood tokens.

FAQ

What daily DEX volume did Robinhood Chain record? Robinhood Chain recorded daily decentralized exchange volume exceeding $560 million, according to data shared by onchain researcher Defioasis.

How many new tokens launched on Robinhood Chain in a single day? Nearly 16,000 new tokens were launched on Robinhood Chain in a single day, according to data from Defioasis.

What percentage of Robinhood Chain fees goes to Arbitrum? Arbitrum receives 10% of fees collected on Robinhood Chain, with 8% going to the tokenholder-controlled treasury and 2% funding development, according to Steven Goldfeder, co-founder of Offchain Labs.