Robinhood chain DEX protocol Fables opens points claiming and token redemption; the latter has fallen about 59.51% from its post-listing high.

October 21: Robinhood chain DEX protocol Fables announced this morning the launch of the FABLES token, the opening of trading for the FABLES/USDG trading pool, and the simultaneous opening of points claiming and PROLOGUE redemption.

According to GMGN market data, after its launch FABLES reached a peak market cap of $18.67 million, and its current market cap is $7.56 million, down about 59.51% from its post-launch high. PROLOGUE currently has a market cap of only $1.38 million, down 57.23% in the past 24 hours. Fables previously said that every 40 PROLOGUE can be redeemed for at least 1 FABLES.