Robinhood Chain DEX Volume Hits $563.9 Million, Up 10x in a Day

Robinhood Chain's rapid adoption highlights a shift towards DeFi and tokenized assets, potentially reshaping traditional finance engagement. The post Robinhood Chain sees ETH surge 5x as stablecoins climb to $260M appeared first on Crypto Briefing.

The post Robinhood Chain Flips Base To No.2 Spot on Uniswap, Trails Only Ethereum appeared on BitcoinEthereumNews.com. Robinhood Chain has done what few Layer 2 networks manage in a full year, all in eight days. The Arbitrum-powered network logged $500 million worth of trading volume on Uniswap on July 8th. With $100 million in total value locked (TVL) and nearly 200,000 cumulative addresses, it makes the second-biggest Uniswap deployment by 24-hour trading volume, trailing only Ethereum mainnet. DeFiLlama data shows that the total value locked (TVL) on the platform surpassed $106 million, marking an increase of 159% within a 24-hour period. Ethena and Morpho Drive the TVL Surge Morpho is the lending protocol that runs the estimated 7% annual percentage yield (APY) on USDG deposits for Robinhood Earn, with almost $90 million of Robinhood Chain’s total value locked (TVL) held on the platform. Ethena’s $50 million single-day deposit into a vault managed by Steakhouse Financial on Morpho

The post RWA news: A DEX trader holds $1 million EUR/USD bullish bet for 400 Days appeared on BitcoinEthereumNews.com. The term “HODLing,” crypto slang for buying and holding an asset for a long time, has historically been associated almost exclusively with bitcoin BTC$62,946.60 and ether (ETH). One trader has now applied the same long-term approach to perpetual futures tied to the euro-dollar pair (EUR/USD) listed on the decentralized exchange (DEX) Ostium, which is powered by Nasdaq data. A trader has held a long position in EUR/USD worth $1,139,490 for 400 days, Ostrium said on Tuesday. The bullish bet, expecting the euro to strengthen against the U.S. dollar, was opened around early June 2025. EUR/USD traded above 1.14 as of this writing, largely unchanged from where it was in June last year, but it did rise as high as 1.2082 in January this year. Onchain FX trading offered by platforms such as Ostium, Gains Network, Synthetix, GMX, and others remains a very tiny fraction of the gl

The post Top Robinhood Chain Meme Coins to Watch as Volumes Surge 1,200%: CashCat, DIH, and 4663 appeared on BitcoinEthereumNews.com. The Robinhood Chain that launched on July 1 has seen a 1,200% surge in DEX volumes amid rising meme coin activity. Three meme coins: Cash Cat (CASHCAT), Dog in Hood (DIH), and 4663 (4663) are standing out with the highest trading volumes and market cap. Robinhood Chain Meme Coin Mania Fuels Volumes Data from DEXScreener shows that Robinhood Chain has seen $458 million in volume numbers today, July 9, while total transactions stood at 1.9 million at the time of writing. The volumes are rising amid an ongoing meme coin mania on Robinhood Chain that comes after Robinhood’s CEO, Vlad Tenev, urged more people to create and trade meme tokens on the network. “While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too,” Tenev said. Shortly after Tenev made this X post, the DEX volumes on Robinhood chain increased from $32 mi

The post Robinhood Chain DEX Volume Hits Record High Amid Cash Cat Frenzy appeared on BitcoinEthereumNews.com. Robinhood Chain’s daily decentralized exchange (DEX) trading volume reached $563.9 million on July 8. This marked a record high for the week-old network, as a meme coin rush overtook its tokenized-asset pitch. The surge coincided with 193,187 daily active addresses. Cash Cat (CASHCAT), a token tied to Robinhood’s original name, led the frenzy. Robinhood Chain Turns Into a Meme Coin Hub Robinhood launched the Robinhood Chain public mainnet on July 1. The Layer 2 network runs on Arbitrum technology and targets real-world assets (RWA). Nonetheless, retail meme trading set the tone instead since the launch. According to data from Dune, 16,639 tokens were created over the past 24 hours, and many have already exceeded a $1 million market cap. Follow us on X to get the latest news as it happens Robinhood Chain DEX Volume. Source: Dune One token that stands out among the new launches

The post Can Cashcat (CASHCAT) Become Next Shiba Inu (SHIB)? Ethereum’s (ETH) Strongest Recovery Yet, Bitcoin (BTC) Reversal Is Close: Crypto Market Review appeared on BitcoinEthereumNews.com. Ethereum picks up momentum Will Bitcoin bounce? With the introduction of Robinhood Chain, a new Layer-2 network created with Arbitrum technology, Cashcat (CASHCAT) has rapidly emerged as one of the most talked-about memecoins in the cryptocurrency space. Some traders are wondering if CASHCAT could become for Robinhood Chain what Shiba Inu became for Ethereum, given the token’s quick ascent, increasing whale activity, and compelling story.  The most recent catalyst was a wallet called ‘Ansem-2,’ which spent about $233,000 in a matter of hours to obtain 2.79 million CASHCAT tokens. The wallet is connected to a Solana address that is said to contain millions of dollars’ worth of ANSEM tokens and has made significant profits from prior trades involving memes. It remains to be seen if this purchase wi

The post Uniswap Permit2 Phishing: $1 Million Loss Highlights Risk appeared on BitcoinEthereumNews.com. One trader is out roughly $1 million after a phishing attack turned Uniswap’s own convenience feature against them. No protocol was hacked. No vulnerability was exploited in the traditional sense. The trader simply signed a message they shouldn’t have — and that was enough. Key takeaways A trader lost approximately $1 million after being tricked into signing a malicious Uniswap Permit2 message, granting attackers full wallet access. A separate victim lost $196,000 in a similar attack involving the $VIRTUAL token. Approval phishing has generated over $1 billion in reported losses since 2021 and shows no sign of slowing. Chainalysis reported $14 billion in total onchain scam losses in 2025, up from $12 billion in 2024; CertiK logged $370 million from phishing alone in January 2026. Tools like Revoke.cash let users audit and cancel token approvals, including Permit2 permissions — one of

The post ‘CASHCAT’ trader turns $800 into over $1 million on Robinhood’s brand new blockchain appeared on BitcoinEthereumNews.com. The whole thing stands on shaky ground, however. CASHCAT carries a market value of about $105 million against roughly $6.6 million of liquidity in its Uniswap pool, meaning it may not absorb even a fraction of the holders trying to leave at once. The token is down about 12% over 24 hours and roughly a quarter off the intraday peak near $145 million it touched on Wednesday, and sell volume has edged past buy volume, $29.1 million against $28.9 million, across more than 30,000 transactions from about 6,800 traders. Robinhood did not create the token. CASHCAT’s own website describes it as “fan fiction with a ticker,” a project built by outsiders around the cat-with-cash logo the company used in its earliest days before rebranding. The utility, the site says, “is cat.” Interestingly, on July 2, the day after the chain went live, Robinhood’s chief executive Vlad