[Robinhood Chain DEX Single-Day Trading Volume Hits Record High of $989 Million, TVL Surpasses $700 Million] According to The Block, Robinhood Chain set a record single-day DEX trading volume of $989 million last Friday, with a total value locked (TVL) reaching $708 million, marking a nearly 100% month-over-month increase. The on-chain stablecoin supply is approximately $770 million, up 47% month-over-month. Over the past month, there has been a noticeable shift in the types of popular projects on the chain. In July, Robinhood Chain was dominated by meme coins, but in August, the focus has shifted to utility and infrastructure tokens. Among them, the market cap of the Launchpad platform PONS surged from $20 million to over $200 million.