Summary:**Memecoin CASHCAT Surges, Boosting Robinhood Chain Past Hyperliquid in DEX Trading** *Robinhood Ch
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**Memecoin CASHCAT Surges, Boosting Robinhood Chain Past Hyperliquid in DEX Trading**
*Robinhood Chain recorded between $560 million and $570 million in 24‑hour DEX volume on July 8, 2026, seven days after its mainnet went live, overtaking Hyperliquid in the process.*
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### Introduction
The crypto world woke up to a surprising headline on July 8, 2026: a fledgling blockchain called Robinhood Chain had just eclipsed Hyperliquid’s daily decentralized‑exchange (DEX) turnover, posting a staggering $560‑$570 million in a single day. The catalyst? A meme‑driven token named CASHCAT that exploded onto the scene, drawing retail traders and liquidity providers alike into a frenzy that few anticipated so soon after the chain’s mainnet launch.
### Key Developments
Robinhood Chain’s mainnet went live on July 1, 2026, promising low‑fee transactions and seamless integration with the popular Robinhood brokerage app. Within a week, CASHCAT—a tongue‑in‑cheek token featuring a cartoon cat clutching a stack of cash—gained traction on social media platforms, spawning memes, TikTok challenges, and a wave of speculative buying. By July 8, CASHCAT accounted for roughly 38 % of the chain’s total DEX volume, pushing the overall figure into the $560‑$570 million band.
On-chain data shows that the surge was not limited to a single exchange; liquidity pooled across multiple AMMs (Aut