Tokenized Stocks Push Robinhood Chain to New Highs

TLDR

• Robinhood Chain’s daily DEX volume reached a record $989 million, marking a new network high.
• Total value locked climbed to $708 million, nearly doubling over the past month.
• Stablecoin supply rose 47% month over month to around $770 million.
• Tokenized stocks generated billions in DEX volume, with Robinhood Chain hosting three of the seven most-traded assets.
• PONS recorded 22,600 token creations and $187 million in volume on Aug. 30.
• Artificial Inu’s market value surged from $1.5 million to $135 million during August.

Robinhood Chain posted record onchain activity as decentralized exchange trading, tokenized stocks, and utility projects expanded across the network. Daily DEX volume reached $989 million on Friday, while total value locked climbed to a record $708 million. Stablecoin supply also rose to about $770 million, up 47% over the past month.

Robinhood Chain DEX Volume Reaches New High

Trading activity accelerated across major decentralized exchanges. Wu Blockchain Data Center reported $875 million in DEX volume on Aug. 30, including $432 million on Uniswap v4 and $357 million on Uniswap v3. Network transactions also reached 5.52 million during the day.

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