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USO Adds 1,557 Tokens on Robinhood Chain as Trading Slows

Volume across 200 tracked instruments fell 26.31% to $120.14 million, while combined market capitalization rose 2.64% to $159.53 million.

Updated 1 min read
A passerby checks a phone outside Robinhood’s offices in Menlo Park, California / EconoTimes.ai
A passerby checks a phone outside Robinhood’s offices in Menlo Park, California / EconoTimes.ai

United States Oil Fund (USO) tokens on Robinhood Chain increased by 1,557 in an Oct. 31 reading, even as trading slowed for the fund and the wider 200-instrument market.

Robinhood Chain data put the token count at 11,497 at 6:31 a.m. ET (10:31 UTC). The added tokens were valued at $262,105, equal to 15.67% of the previous supply. USO also lost five holder wallets, while its trading volume fell 57.05% from the prior reading.

Across 200 instruments, trading volume totaled $120.14 million, down 26.31% from the previous snapshot. Their combined market capitalization rose 2.64% to $159.53 million.

An earlier EconoTimes report on USO activity on Robinhood Chain recorded a 2,597-token increase and an 863.3% rise in 24-hour volume.

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