Robinhood Chain stock token DEX volume hits $10.4 billion over 30 days
Token Terminal data indicates that stock tokens issued by Robinhood and Coinbase recorded a combined $11.4 billion in spot DEX trading volume over the past 30 days, with Robinhood Chain accounting for $10.4 billion. Uniswap hosts over 99% of the DeFi deposits for these tokens, which saw a 532.8% increase in deposits and a 159.7% rise in holders over the last month. NVIDIA (NVDA) stock tokens alone reached $2.1 billion in cumulative trading volume.
Summaries are written by AI from the original article. Not investment advice.