Robinhood Chain Decentralized Exchange Volume Climbs to $1.6 Billion
A 61% surge in decentralized trading activity over four days has pushed daily volume on the Ethereum Layer 2 network to nearly $1.6 billion.
Decentralized exchange volume on Robinhood Chain rose 61% between August 28 and September 1, climbing from $989 million to $1.595 billion, according to data from DeFiLlama. The Ethereum Layer 2 network also recorded $738.11 million in total value locked across decentralized finance applications and nearly $797 million in circulating stablecoin market capitalization as of September 1. In addition, perpetual futures volume on the platform reached $353.96 million, with total bridged assets on the network standing at $2.524 billion.
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