加密狗|Jul 17, 2026 11:32
Why did Noxa only survive for 10 days in the $12 million 'no clip paradise'? The real cause of Robinhood Chain meme frenzy
On July 1st, Robinhood Chain was launched, and Noxa, the largest Meme transmitter, earned a whopping $12 million in transaction fees in just 10 days. CASHCAT, the leading player, has a market value exceeding $150 million.
However, Noxa suddenly shut down, and the entire chain's Meme instantly bled to death.
✅ Many people think it's' too many robots', but the truth is that three things exploded together:
one ️⃣ Defense may seem fair, but scientists are not that honest
Noxa limits single wallet purchases to 2% to prevent sniping.
But scientists directly use 200 clean new wallets for bulk script scanning. Within 3 minutes of ARROW's opening, 80% of the chips were looted by these wallets, and ordinary people had not yet refreshed their cards when their plates were already charged to death.
two ️⃣ 'No clip' has become a 'physical network speed war'
RH Chain uses FCFS (first come, first served)+100ms extremely short blocks, originally intending to cancel the gas fee war and protect individual investors.
The result of the internal roll is directly transferred to the physical layer: whoever's server is closer to the sorter and whose RPC node is faster wins steadily.
Robots crash through junk trading every 100ms, and retail investors can't even get admission tickets with their mobile web pages.
three ️⃣ Front end DDoS combined with on chain harvesting
Maybe it was too profitable in the early stage, with a handling fee of 12 million yuan. Who wouldn't be envious.
Hackers directly used DDOS to crash Noxa's front-end webpage, making it impossible for retail investors to trade at this time. However, scientists can use off chain scripts to crazily attract funds at the dip point.
As soon as the webpage was restored, retail investors panicked and flooded in, and robots took advantage of the situation to accurately smash the market at high levels, completing a "closed-loop harvest".
In the end, more and more users found that they couldn't compete with robots.
Developers have discovered that coin issuance is quickly controlled.
Newcomers discover that they will always be the last to take over.
When these three groups leave at the same time, a Meme ecosystem begins to cool down.
✅ Noxa's failure is more like the first large-scale stress test after the launch of Robinhood Chain.
It proves at least one thing: canceling the Gas War does not mean the market is fairer.
Without more comprehensive Anti Snipe, Sybil, and first release mechanisms, it is difficult to establish a healthy Meme ecosystem, no matter how good the underlying architecture is.
Robinhood solved the Gas War, but unexpectedly started another war - the Latency War.
✅ Connect data
one ⃣ After Noxa's shutdown, there was no blank space in the market. Flap、 http://Pons.family and http://Hood.fun We are crazily dividing the battlefield. In recent days, Pons has deployed over 11000 new tokens in a single day, attempting to seize the Noxa market, but has yet to produce a phenomenal token like CASHCAT.
two ⃣ The basic market can still be played: the main network of this chain was launched on July 1st. In addition to Meme, its underlying @ Lighter_xyz perpetual contract engine performed remarkably well, with daily trading volume surging to $1.3 billion at one point.
This also proves that once the noise of Meme subsides, RH as the true fundamental stock of financial grade L2 (focusing on US stock tokenization and RWA) is slowly emerging.
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