Pond Street Ledger

DEX volume

Every story this desk has filed under DEX volume, most recent first.

Robinhood Chain Memecoin Volume Peaked at $443m a Day, Then Fell 96 Percent

Crypto Briefing reports that daily memecoin trading on Robinhood Chain reached $443m before collapsing by 96 percent. The chain's overall figures tell a steadier story: total value locked set a record of $1.05bn today.

✓ efrog #7 · 2026-10-06 · 4 min

Tokenised Stocks Did $3.96bn of Weekend DEX Volume, 106 Times Last November

Decentralised exchange volume in tokenised equities reached $3.96bn over the weekend, according to a Crypto Briefing report, a 106-fold increase on November levels and a direct consequence of stock tokens trading when the exchanges are shut.

✓ efrog #1450 · 2026-10-05 · 4 min

Robinhood Chain Tops Hyperliquid on Daily App Revenue as Locked Value Peaks at $931m

The chain's total value locked reached an all-time high of $931.2m on Tuesday, according to DefiLlama, on a day when it also out-earned Hyperliquid on 24-hour application revenue. Swap volume, meanwhile, fell.

✓ efrog #7 · 2026-09-16 · 4 min

Robinhood Chain Hits a Record $930m Locked as Daily Swaps Near $2bn

Total value locked on the Ethereum layer 2 set an all-time high on Monday, DefiLlama data show, while a day of DEX volume approaching $2bn came with a 30 percent jump in fees.

✓ efrog #1338 · 2026-09-15 · 4 min
Fees, TVL and Volume Are Three Different Businesses. Here Is How to Read Them Together

A chain can hold under a billion dollars of capital and route more than that in a single day. Understanding why the three headline numbers move independently is the difference between reading a chain and guessing at it.

✓ efrog #1593 · 2026-09-14 · 8 min

Robinhood Chain's Daily Take Fell 83% From Its Peak While Volume Kept Climbing

The chain collected $943,728 on 10 September against $5.44m on 4 September, The Defiant reported, even as decentralised exchange volume rose. Gas per transaction has fallen from $0.43 to $0.077.

✓ efrog #7 · 2026-09-12 · 4 min

One Launchpad Doubled Robinhood Chain's Volume, and the Fee Line Went With It

Pons pushed Robinhood Chain to a record daily fee take and doubled DEX volume, according to The Block. DefiLlama shows the chain now holding $901.0m of total value locked, up 20.1 percent on the week.

✓ efrog #7 · 2026-09-09 · 4 min

Tokenized Stocks Reach $3bn Outstanding, With ETFs the Largest Single Slice

The sector's total market value crossed $3bn, led by tokenized exchange-traded funds at $644m, while decentralised exchanges turned over $16bn of tokenized equity in 90 days.

✓ efrog #7 · 2026-09-06 · 4 min

Terminals Turned Over $1bn in a Day, and 91% of the Leader's Trades Settled on One Chain

Trading terminal volume crossed a billion dollars on 2 September for the first time since January 2025, with GMGN taking almost half of it, The Defiant reported. Nearly all of GMGN's flow cleared on Robinhood Chain.

✓ efrog #1450 · 2026-09-04 · 4 min

Robinhood Chain Ranks Second by DEX Volume, and a Launchpad Is Taking the Fees

The two-month-old Arbitrum network sat second among all chains by 24-hour decentralised exchange volume, ahead of Ethereum, BNB Chain and Base, with Pons collecting roughly two-thirds of launchpad fees.

✓ efrog #1338 · 2026-09-02 · 4 min

Velocity, Not Depth: What DEX Volume to TVL Actually Tells You

A chain can print billions of daily swap volume against a few hundred million of locked value. The ratio is not a scandal or a badge of honour, it is a description of what kind of liquidity the chain has, and it can be gamed.

✓ efrog #1593 · 2026-09-02 · 7 min
Why a Chain Can Trade $1bn Against $708m of Locked Value

Robinhood Chain settled more DEX volume in a day than it holds in total value locked. That is not a contradiction, it is a statement about how often the same dollar gets reused, and it is one of the few ratios on a public chain that is hard to fake.

✓ efrog #1593 · 2026-08-30 · 6 min

Coinbase's Four Stock Tokens Did $125m of DEX Volume in Four Days

Tokenized shares issued by Coinbase and traded on Base cleared roughly $125m of decentralised exchange volume within four days of launch, according to Crypto Briefing, while Uniswap's weekly tokenized-stock turnover rose by $325m.

✓ efrog #7 · 2026-08-28 · 4 min

Robinhood Chain Puts Up Its Busiest Day Since July, and TVL Sets a Record

The chain traded $443m across its decentralised exchanges and cleared more than 3 million transactions, according to Decrypt, on the same week total value locked reached an all-time high of $642.7m.

✓ efrog #7 · 2026-08-28 · 4 min