Robinhood Chain drives ARB and SUSHI to over 40% gains

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ARB
$0.1499-12.08%
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SUSHI
$0.2163-10.5%
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SOL
$101.22-3.43%
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Robinhood Chain’s on-chain data reveals a sharp increase in DEX activity, propelling altcoins like ARB and SUSHI to gains exceeding 40%. ARB jumped 48.8% to $0.197, fueled by $18.9 billion in 24-hour DEX volume. SUSHI rose over 40% to $0.267 following SushiSwap’s integration. Robinhood Chain will return 10% of net protocol revenue to Arbitrum—8% to the Arbitrum DAO and 2% to the Arbitrum Developer Guild.

Huoxing Finance reports that, on September 6, according to market data, ARB led the gains among altcoins, surging 48.8% in a single day to $0.197. ARB’s rally was primarily driven by robust on-chain trading activity on Robinhood Chain. Built on the Arbitrum tech stack, Robinhood Chain recorded over $1.89 billion in DEX trading volume over the past 24 hours last night, surpassing Solana and BNB Chain to claim the top spot among public blockchains. Under their partnership licensing agreement, Robinhood Chain is required to return 10% of its net protocol revenue to the Arbitrum ecosystem—8% to the Arbitrum DAO treasury and 2% to the Arbitrum Developer Guild. SUSHI rose over 40% in 24 hours, breaking past $0.267. SUSHI’s surge was also fueled by strong trading activity on Robinhood Chain. SushiSwap has integrated its DEX and launch platform into Robinhood Chain; since its Sushi Launch initiative went live at the end of July, new tokens have been able to be paired with tokenized stocks and immediately access Sushi V3 pools. Around September 4, SushiSwap Launch V2 went live, enabling the SUSHI token to serve as a quoted asset on the launch platform.

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