Robinhood Chain DEX Volume Hits $1.6 Billion as Hyperliquid Strategies Expands Equity Facility to $2.5 Billion
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· body · New information from a source
Robinhood Chain, the two-month-old Arbitrum layer-2 network, saw decentralized exchange volume climb to $1.49 billion over a 24-hour period, ranking second among all chains and ahead of Ethereum, BNB Chain and Base, according to The Defiant.The network's memecoin launchpad, Pons, took in almost three times the fees earned by pump.fun over the same period, per The Defiant.Decrypt reported that trading volume on the chain jumped 61% in a matter of days, reaching $1.6 billion, while DeFi deposits and stablecoin holdings on the network approached $800 million.Separately, Hyperliquid Strategies, a Nasdaq-listed company holding HYPE tokens, expanded its equity facility to $2.5 billion from $1 billion, according to The Block.As of June 30, the firm had sold around $647 million worth of shares through the facility, The Block reported.Cointelegraph confirmed the $647 million raised through the facility and said Hyperliquid Strategies has accumulated about 29.3 million HYPE tokens.- Robinhood Chain, the two-month-old Arbitrum network, posted $1.49 billion in decentralized exchange volume over 24 hours, ranking second among all chains and ahead of Ethereum, BNB Chain and Base, according to The Defiant.
- The network's memecoin launchpad, Pons, took in almost three times the fees earned by pump.fun over the same period, The Defiant reported.
- Volume on the chain then climbed to $1.6 billion, a 61% jump in a matter of days, according to Decrypt.
- DeFi deposits and stablecoin holdings on the network approached $800 million, Decrypt said.
- Separately, Hyperliquid Strategies expanded its equity facility to $2.5 billion from $1 billion, according to The Block.
- The Nasdaq-listed firm had sold around $647 million worth of shares through the facility as of June 30, per its filings cited by The Block.
· summary · New information from a source
Robinhood Chain's DEX volume surged past $1.6 billion while Hyperliquid Strategies doubled its equity facility to $2.5 billion, according to The Defiant, Decrypt, The Block and Cointelegraph.- Robinhood Chain's DEX volume surged to $1.6 billion while its Pons launchpad outearned pump.fun, and Hyperliquid Strategies expanded its equity facility to $2.5 billion.
· headline · New information from a source
Robinhood Chain DEX Volume Tops $1.6 Billion as Hyperliquid Strategies Expands Equity Facility to $2.5 Billion- Robinhood Chain DEX Volume Hits $1.6 Billion as Hyperliquid Strategies Expands Equity Facility to $2.5 Billion
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Robinhood Chain, the two-month-old Arbitrum network, posted Robinhood Chain DEX Volume Hits $1.49 Billion As Pons Takes Two-Thirds Of Launchpad Fees.
in decentralized exchange volume over 24 hours, ranking second among all chains and ahead of Ethereum, BNB Chain and Base, according to The Defiant. The network’s memecoin launchpad, Pons, took in almost three times the fees earned by pump.fun over the same period, The Defiant reported.
Volume on the chain then climbed to Robinhood Chain DEX Volume Jumps to $1.6 billion.
, a Trading on the Ethereum Layer 2 climbed 61% in a matter of days as DeFi deposits and stablecoin holdings approached $800 million.
jump in a matter of days, according to Decrypt. DeFi deposits and stablecoin holdings on the network approached Trading on the Ethereum Layer 2 climbed 61% in a matter of days as DeFi deposits and stablecoin holdings approached $800 million.
, Decrypt said.
Separately, Hyperliquid Strategies expanded its equity facility to Hyperliquid Strategies expands equity facility to $2.5 billion from $1 billion.
from Hyperliquid Strategies expands equity facility to $2.5 billion from $1 billion.
, according to The Block. The Nasdaq-listed firm had sold around As of June 30, Hyperliquid Strategies has sold around $647 million worth of shares, according to its recent filings.
worth of shares through the facility as of June 30, per its filings cited by The Block. Cointelegraph reported the company has accumulated about The Nasdaq-listed company previously raised $647 million through the facility and accumulated about 29.3 million HYPE tokens.
HYPE tokens using proceeds from the facility.
Sources: The Defiant, Decrypt, The Block, Cointelegraph
This article is for information only and is not financial advice.
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Story so far 5 updates
- storyRobinhood Chain Overtakes Ethereum in Daily App Revenue as Memecoin Trading Surges, Arbitrum Jumps 30%first reported · 4 sourcescoindesk.com · decrypt.co · thedefiant.io · theblock.co
- storyRobinhood Chain DEX Volume Hits $1.6 Billion While Hyperliquid Strategies Expands Equity Facility to $2.5 Billionupdate · 4 sourcesthedefiant.io · decrypt.co · theblock.co · cointelegraph.com
- storyRobinhood Chain DEX Volume Hits $1.6B as Hyperliquid Strategies Doubles Equity Facility to $2.5Bupdate · 4 sourcesthedefiant.io · decrypt.co · theblock.co · cointelegraph.com
- storyRobinhood Chain DEX Volume Tops $1.6 Billion as Hyperliquid Strategies Expands Equity Facility to $2.5 Billionupdate · 4 sourcesthedefiant.io · decrypt.co · theblock.co · cointelegraph.com
- storyRobinhood Chain DEX Volume Hits $1.6 Billion as Hyperliquid Strategies Expands Equity Facility to $2.5 Billionupdate · 4 sourcesthedefiant.io · decrypt.co · theblock.co · cointelegraph.com
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