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Robinhood Chain Surpasses Hyperliquid in 24-Hour DEX Volume, Driven by CASHCAT Memecoin

On-Chain Data Capital Flow Rankings & Leaderboards

2026-07-10 10:55:47

HYPE2.88%

UNI6.51%

MORPHO10.65%

According to recent data, Robinhood Chain recorded $560–570 million in 24-hour DEX volume on July 8, 2026, overtaking Hyperliquid as the leading decentralized exchange by that metric just seven days after its mainnet launch on July 1. The surge was primarily driven by CASHCAT, a memecoin that emerged organically on the chain and accounted for approximately $98 million of the total volume, or roughly 17%. CASHCAT traded against WETH on Uniswap pairs with no corporate backing, hitting an all-time high above $0.17 and reaching a market cap between $100 million and $170 million. Beyond the memecoin spike, Robinhood Chain showed broader adoption signals: daily active addresses approached 200,000 on July 8, with over 140,000 being first-time users, while the chain's total value locked exceeded $100 million within its first week, with Morpho lending activity as the primary contributor.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Robinhood Chain DEX Trading Volume Surges 857% to $563.9M Overnight

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