Robinhood Chain DEX Volume Hits $560M as Nearly 16,000 New Tokens Launch in Single Day

ARB14.48%

According to onchain researcher Defioasis, Robinhood Chain's decentralized exchange volume topped $560 million today, driven by a surge in meme coin trading and token creation. Nearly 16,000 new tokens were launched on the network in a single day, with daily active addresses approaching 200,000 and more than 140,000 classified as first-time traders.

Arbitrum captures 10% of Robinhood Chain fees, with 8% directed to its tokenholders' treasury and 2% funding development, according to Arbitrum co-founder Steven Goldfeder. Meanwhile, Pumpfun integrated Robinhood tokens into its trading platform, allowing users to trade trending Robinhood Chain tokens without bridging.

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