NewsHK
The decentralized exchange cycle logged a record on Friday: Robinhood Chain's daily protocol fees reached $6 million as volume on the network's DEX doubled in a single session.
PONS, the token that drove the surge, reached an all-time high valuation above $970 million the same day, extending a weekly gain of more than 200%.
The fee record belongs to Robinhood Chain's DEX layer, but the driver was concentrated. A token gaining 200% in seven days pulls volume with it.
Network breadth and liquidity depth matter less in the short run when one asset is commanding the order flow. Friday's $6 million is the headline result. The concentration behind it is what the number actually describes.
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