Robinhood Chain settled more decentralized exchange volume over the past 24 hours than Ethereum, BNB Chain and Base, ranking second among all networks behind Solana, as the launchpads running on it took close to 70% of the fees paid to launchpads across crypto.
The chain Robinhood built to trade tokenized equities is now the main venue for memecoin issuance. Pons, a launchpad that exists only on Robinhood Chain, has earned more in daily fees than Solana's pump.fun every day since Aug. 29, and its take is climbing while pump.fun's holds flat.
Robinhood Chain recorded $1.49 billion in DEX volume over 24 hours, up 6.2% from the prior day, 131.1% over seven days and 517.4% over 30 days, according to DefiLlama.
Solana led with $2.5 billion, followed by Robinhood Chain, Ethereum at $1.3 billion, BNB Chain at $1.12 billion, Base at $878.8 million and Hyperliquid at $446.9 million. The chain has processed $7.25 billion over seven days and $17.75 billion over 30 days.
Pons collected $4.89 million in fees on Aug. 31, the most recent full day, against $1.72 million for pump.fun. That gave Pons 63.9% of the $7.65 million paid to launchpads across crypto that day and pump.fun 22.5%, DefiLlama data shows. Launchpads deployed on Robinhood Chain took about 70% between them.
