Daily decentralized exchange volume on Robinhood Chain reached a new all-time high between $920 million and $944 million on August 25, surpassing its previous record of approximately $878 million set on July 11. The chain, which only went live on July 1, saw cumulative DEX volume exceed $47 billion by mid-August. Trading of memecoins such as CASHCAT, which briefly exceeded a $100 million market cap, and tokenized stocks have fueled this growth. Stock tokens like NVDA and AAPL hit a record $85 million in daily trading volume. Built on the Arbitrum Orbit stack, the chain’s total value locked approached $800 million with stablecoin supply intermittently exceeding $750 million during mid-August.
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