In the past 24 hours, Robinhood-chain spot DEX trading volume reached $373 million, ranking third among EVM-compatible chains (BNB $1.3 billion, ETH $609 million, Base $90 million).


As the on-chain leader $cashcat , its market cap is only $50 million. With such high trading volume, why is the leader’s market cap relatively low— is this normal?
BNB1.24%
ETH0.69%
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