market
Crypto Trading Terminals Reach $1 Billion in a Single Day for the First Time Since January 2025
On September 2, crypto trading terminals recorded over $1 billion in trading volume, the first such occurrence since January 2025. The trading landscape has shifted, with GMGN accounting for nearly half of the volume and most trades settling on Robinhood Chain. Decentralized exchange (DEX) volume increased by 26% over the past month, while GMGN's Solana volume remained stable.
AS1 NewsSource: thedefiant.io
STABLE
SOLCrypto trading terminals achieved a notable milestone on September 2, with trading volumes surpassing $1 billion in a single day. This marks the first time since January 2025 that such a volume has been recorded, reflecting heightened market activity. The distribution of trading volume has evolved, with GMGN contributing nearly 50% of the total and the majority of GMGN's trades settling on Robinhood Chain, a blockchain platform known for its integration with Robinhood's trading ecosystem. Over the past 30 days, DEX volumes across all networks increased by 26%, indicating growing decentralized trading activity. Meanwhile, GMGN's trading volume on the Solana network remained flat, suggesting a shift in trading preferences or liquidity distribution among different protocols and networks.
The event highlights increased trading activity and liquidity in crypto markets, with a notable shift towards GMGN and Robinhood Chain, alongside growth in DEX volumes.