USDG, a stablecoin issued by Paxos, has rapidly grown on Robinhood Chain, doubling its liquidity on Uniswap to over $8.5 million within a week of the chain's launch. Robinhood Chain, a Layer 2 network based on Arbitrum, launched its public mainnet on July 1, 2026, with Uniswap as its primary automated market maker, capturing over $30 million in liquidity and $500 million in trading volume in the first week. USDG now makes up about 65% of the stablecoin supply on the chain, supported by a $50 million deposit from Ethena and a 7% APY yield product called Robinhood Earn. However, this concentration means the chain's ecosystem is highly dependent on USDG's stability, posing risks if USDG faces any issues.
Uniswap's token UNI surged 6.39% within four hours to reach $7.32, recovering from a drop to $6.88. Despite this rebound, UNI still fell 4.97% over the past 24 hours. The price data was sourced from Binance's UNI/USDT spot market. Additionally, $10,0...
A large investor (whale) withdrew 600,005 Uniswap (UNI) tokens from Binance, raising their total accumulated position to 1,292,895 UNI since October 11. The latest withdrawal was worth about $4.28 million, with an average acquisition price of $7.42 p...
Uniswap's token UNI rose 3.51% within one hour to $7.05 on Binance, recovering from $6.81, though it stayed down 7.98% compared to the previous day. The token ranks 30th by market cap at about $4.26 billion. During this hour, significant liquidations...
Starknet's STRK token plunged nearly 29% within 24 hours, alongside other altcoins like LIT, ENA, NEAR, and W, which each fell about 15%. Additional tokens including CFX, ONDO, LDO, ICP, WLD, FIL, and UNI also experienced double-digit losses. This br...
1inch is hosting Groundwork, a one-day forum in Washington, DC on October 16, 2026, during DC Fintech Week to bring together students, policymakers, professors, and DeFi developers to discuss who should write the rules for decentralized finance. The ...
