Robinhood Chain reached a record $3 billion in daily decentralized exchange (DEX) volume, with Uniswap burning a record $1.15 million worth of UNI tokens as a result. Launched just over two months ago, Robinhood Chain has processed $34.6 billion in DEX volume and 576 million transactions, mainly through Uniswap pools. The surge in volume highlights the growing importance of Robinhood Chain as an Ethereum layer two network, though it briefly experienced a 14-minute delay in submitting transaction data to Ethereum. This milestone ties Uniswap's revenue and token burn directly to Robinhood Chain's activity, signaling potential future impacts as volume fluctuates.
Uniswap's UNI token fell 3.40% within an hour on October 23, dropping from $7.07 to $6.83 on Binance. Over 24 hours, UNI declined 2.64%. During the same hour, $660,000 worth of long UNI positions were liquidated across Binance, Bybit, and OKX, with n...
UNI saw 2,295 new wallet addresses in one day, the highest since November 2022, signaling renewed interest possibly due to Uniswap v4 features, liquidity routing, and Unichain development. This surge in new addresses suggests increased network activi...
Uniswap has launched Aggregator Hooks across Ethereum, Base, and Robinhood Chain, allowing external liquidity to integrate with its v4 pools and expanding trading routes. Despite a large 180,000 UNI deposit to Binance raising selling concerns, spot b...
Uniswap's governance token, UNI, increased by 2.27% to reach $7.23 as of October 23. UNI holders participate in protocol governance, influencing decisions on the Uniswap platform. While fees collected are used to burn UNI tokens, holders do not recei...
Uniswap launched Aggregator Hooks, connecting seven external liquidity sources across Ethereum, Base, and Robinhood Chain to its Uniswap v4 platform. This upgrade allows Uniswap to collect protocol fees from trades routed through competing decentrali...
