According to ME News, on July 23 (UTC+8), the DeFi application LONG() on the Robinhood Chain ecosystem posted on X that its cumulative trading volume for tokenized Robinhood stocks has surpassed $32 million, more than doubling from the previous level of $15 million, with a 24-hour trading volume of $20.9 million. Additionally, LONG() stated that its liquidity pools currently lock up 22.5% of SPCX, 17.6% of NVDA, 16.3% of AAPL, 15.9% of MSFT, and 13.2% of GOOGL tokenized stocks. LONG() also accounts for nearly 40% of NVDA tokenized stock trading volume and over 19% of SPCX tokenized stock trading volume. (Source: ODAILY)
Robinhood Chain DeFi App LONG() Reports $32M in Stock Token Trading Volume
KuCoinFlashShare
Summary
Robinhood Chain’s DeFi app LONG() reported a trading volume of $32 million in tokenized stock transactions as of July 23, up from $15 million. The 24-hour transaction volume reached $20.9 million. Liquidity pools hold 22.5% of SPCX, 17.6% of NVDA, 16.3% of AAPL, 15.9% of MSFT, and 13.2% of GOOGL tokenized stocks. LONG() accounts for nearly 40% of NVDA and over 19% of SPCX tokenized stock trading volume.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.