Robinhood Chain, an Arbitrum-based Ethereum L2, has integrated VelvetX, the trading terminal built by Velvet Capital, to offer limit orders, take-profit targets, and stop-loss functionality. Launched on July 1, this layer 2 achieved a single-day DEX volume record of $945 million in August, with approximately $1.4 billion in total value locked by late August. VelvetX also provides DCA functionality and gasless trading for embedded wallet users. The platform includes AI-driven analysis tools and has received backing from investors including YZi Labs.
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