Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records

AI Summary Daily volume dropped from $878 million on Jul. 11 to $241 million on Aug. 1 as transactions, deposits and stablecoin supply climbed to all-time highs. Volume per transaction fell 74%. More than 90% of the chain's incentive spending pays depositors. fulltext: 248 chars | fulltext source: rss-fallback | summary method: extractive Original: https://thedefiant.io/news/blockchains/robinhood-chains-dex-volume-fell-72-while-transactions-and-deposits-set-records Source: The Defiant