Robinhood Chain tops $100B in DEX volume 3.5 months after launch
- —Cumulative DEX volume on Robinhood Chain passed $100 billion since July 1
- —Tokenized equities generated $15 billion in volume and about 200,000 holders
- —September tokenized-stock volume hit $6.57 billion, 42% of onchain stock trading
- —About $1.1 billion has been deposited into Morpho via Robinhood Chain
Why it matters: Robinhood is pushing beyond brokerage into blockchain infrastructure, but slowing activity raises questions about durable demand for tokenized equities and DeFi.
Source: Blockmedia