As Robinhood Chain continues to position itself as one of the most active blockchain networks in the decentralized exchange market, it has consistently hit major milestones.
Latest onchain data showcased by Whale Insider shows that the fast-growing blockchain network has unlocked a new milestone in its 24-hour DEX volume as of September 5.
Robinhood Chain nears $4 billion milestone
Per the data, Robinhood Chain has achieved a new all-time high in its 24-hour DEX volume after it recorded a massive $3.7 billion in the metric, reflecting the rapid growth in its trading activity across the DeFi market.
This marks the first time Robinhood Chain has accounted for such a massive DEX volume within a 24-hour period, signaling growing participation and adoption among institutions.
The record DEX volume positions Robinhood Chain at the top of the list, highlighting its dominance over other blockchains, including Solana and Ethereum, within the 24-hour period.
Robinhood Chain ranks 5th in 30-day volume
Although in the last 24 hours Robinhood Chain ranks as the best-performing network in DEX volume, the broader 30-day duration paints a different picture, as the network appears subdued over the longer period.
Notably, data further showed that Robinhood Chain ranks 5th among major blockchain networks in the 30-day DEX volume, having recorded $23.09 billion in DEX volume over the period.
Solana led the pack this time with the highest 30-day DEX volume of about $64.54 billion, significantly outpacing Robinhood Chain by about 35.8%.
Dan Burgin
U.Today Editorial Team
