ANON Surges After Sesta Deploys AMM on Robinhood Chain
The ANON token tripled in value on Friday after founder Daniele Sesta announced the deployment of a custom automated market maker called Equilibra on Robinhood Chain, according to a report by The Defiant. Sesta stated that Equilibra features adaptive fees, concentrated depth, and optional auto-repeg functionality while operating under the HeyAnon ecosystem.
Data cited by The Defiant shows ANON traded at $0.6967, representing a 220.5% increase over a 24-hour period. The token reached an intraday high of $1.00, recovering sharply from an all-time low of $0.2033 set a day prior. Trading volume surged to $3.2 million, marking a roughly fifteenfold increase compared to the previous day, with a circulating market capitalization of $10.7 million.
Sesta introduced the testing phase via social media without providing an official contract address, technical documentation, or a definitive mainnet launch date. The rollout ties back to the HeyAnon protocol, an artificial intelligence interface for decentralized finance transactions launched in late 2024.
Robinhood Chain, a layer-two network built on the Arbitrum stack, launched its mainnet in July with initial protocol deployments including Uniswap and Pleiades.
Based on reporting by thedefiant.io.
