Robinhood Chain DEX volume exceeds $3 billion on September 4, UNI daily burn hits record high

iconKuCoinFlash
Share
AI summary iconSummary
On-chain data shows that Robinhood Chain DEX surpassed $3 billion in trading volume on September 4, with Uniswap V2, V3, and V4 driving the majority of activity. On-chain analysis reveals that tokenized stocks and meme tokens fueled a record daily UNI burn exceeding $1 million, with Robinhood Chain contributing approximately $850,000.

Odaily Planet Daily reports, according to Dune data, Robinhood Chain DEX surpassed $3 billion in trading volume on September 4, with Uniswap V2, V3, and V4 accounting for the majority of the volume.

Additionally, fueled by active trading of tokenized stocks and memes on Robinhood Chain, UNI’s daily burn value surpassed $1 million for the first time, setting a new all-time high, with Robinhood Chain contributing approximately $850,000.

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.