Dragonfly and Uniswap defend Robinhood Chain against critics
- —Network revenue in 24 hours was $403,000, fees were $448,600
- —DEX volume in 24 hours was $1.81 billion, over 7 days $12.77 billion (+23%)
- —Network TVL exceeded $937 million, stablecoin market cap reached $1 billion
- —95% of DEX volume goes through Uniswap, with a fee of 0.465%
Why it matters: The debate over Robinhood Chain's low-fee model matters for assessing L2 sustainability and revenue for Arbitrum and Uniswap.
Source: Cryptopolitan