Robinhood (HOOD) Stock: Robinhood Chain Just Had Its Biggest Day Ever
TLDR
- Robinhood Chain’s daily RWA-linked trading volume hit a record $390 million, driven by memecoin-stock pairs and tokenized stocks.
- Memecoin-stock pairs generated $217 million in daily volume, while tokenized stocks added $127 million.
- The market cap of tokenized RWA assets on Robinhood Chain surpassed $84 million.
- Robinhood Chain posted a record $3.75 million in daily user-paid fees, sending roughly $377,000 to the Arbitrum DAO in a single day.
- Cumulative fees on the chain have already topped $13 million since its July 1 launch.
Robinhood Chain’s daily trading volume for real-world asset-linked tokens reached a record $390 million on September 2, according to data compiled by onchain researcher Adam Tehc.
Robinhood Chain Memecoin–Stock Volume Hits Record $217M
According to data from @adam_tehc, daily volume for RWA-related tokens on Robinhood Chain reached $390 million, with Memecoin–Stock pairs recording $217 million in volume and tokenized stocks generating $127 million, both… pic.twitter.com/HJCUw7rwaA
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