Robinhood Chain's daily DEX trading volume reached 989 million US dollars, and TVL reached 708 million US dollars

According to The Block, Robinhood Chain's daily DEX trading volume reached 989 million US dollars last Friday, with a total lock up TVL of 708 million US dollars, a month on month increase of nearly 100%. The supply of stablecoins on the chain was about 770 million US dollars, a month on month increase of 47%. The popular projects on Robinhood Chain have shifted from Meme coins in July to utility and infrastructure tokens in August, with the market value of PONS on the Launchpad platform rising from $20 million to over $200 million.