Huo Xing Finance reports that on August 26, according to GMGN market data, NetNet Capital’s token NET on Robinhood’s chain briefly surpassed a market cap of $70 million, setting a new all-time high. It is currently trading at $66.48 million, with a 24-hour increase of 100.5%. NET is an OHM-style token, built on a protocol architecture inspired by OlympusDAO v1, with its value supported by USDG held in the treasury. The smart contract stipulates that each NET token is backed by at least 1 USDG in risk-free value (RFV); if minting exceeds the treasury’s RFV holdings, transactions are automatically reverted. Additionally, the OHM-style token DTF (Down to Finance) currently has a market cap of approximately $5.99 million, with a 24-hour gain of 107%.
NET market cap surpasses $70M, reaching an all-time high
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Summary
Market news broke on August 26, 2026, as the NET token’s market cap briefly exceeded $70 million, reaching a new all-time high. The token, linked to Robinhood’s on-chain DeFi protocol NetNet Capital, is now at $66.48 million, up 100.5% in 24 hours. Designed as an OlympusDAO-inspired token, NET employs a treasury-backed USDG value support system. On-chain data shows strong momentum for the project.
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