Covalent|Aug 31, 2026 10:06
Robinhood Chain was barely spending on gas through mid-August.
Then the activity picked up.
- Uniswap stock tokens: ~$130M in a single day, roughly 10x where they were a month ago
- TVL: ~$683M
- Memes: PONS and CASHCAT are still putting up volume
- Orderly: went live over the weekend
Gas followed.
Daily spend went from a rounding error to $1.1M, taking the 30-day total to $4.52M.
Data from @goldrushdev(Covalent)
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