Robinhood Chain launchpad volume tops PumpSwap with $1.23 billion in a week

Weekly trading on Robinhood Chain launchpads narrowly exceeded PumpSwap’s roughly $1.22 billion, with Wu Blockchain saying the activity appears to have expanded meme-coin demand rather than shifted volume from rivals.

Summary

Robinhood Chain launchpads recorded $1.23 billion in trading volume over the past week, edging past PumpSwap’s roughly $1.22 billion for the first time. Wu Blockchain said meme coin trading on Robinhood Chain appears to have attracted new demand rather than cannibalizing activity from Pump.fun, suggesting the platform’s rise may be expanding overall trading across the meme coin market.

Terms & Concepts
  • launchpads: Platforms used to issue and trade newly launched tokens
  • PumpSwap: A crypto trading venue referenced for volume comparison
  • meme coin: A token whose trading is driven largely by internet culture and speculative interest