The Defiant·The Defiant Team·3h ago
Standard Chartered Says Its $100 UNI Target May Be Too Low After Robinhood Chain Burns
Read original on The DefiantGeoff Kendrick says UNI burns funded by Robinhood Chain trading have run at an annualized $90 million since Jul. 27. DefiLlama data puts Uniswap's protocol revenue at 2.4 times its prior level, with Robinhood Chain supplying about 60% of it.
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💬 Discussion: Standard Chartered Says Its $100 UNI Target May Be Too Low After Robinhood Chain Burns
Geoff Kendrick says UNI burns funded by Robinhood Chain trading have run at an annualized $90 million since Jul. 27. DefiLlama data puts Uniswap's protocol revenue at 2.4 times its prior level, with Robinhood Chain supplying about 60% of it.
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