Robinhood Chain activity is mostly ‘degen flow,’ ARK researcher says
Robinhood Chain has recorded less than 1% of its analyzed transactions through a contract clearly linked to Robinhood Wallet users, according to ARK Invest research director Lorenzo Valente. Summary Less than 1% of analyzed transactions passed through the confirmed Robinhood Wallet swap route. Valente estimated Robinhood-linked activity could reach about 5% after including unidentified contracts.
