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Noxa Generates $7.66M in CEX Fees Amid Token Burn and Low On-Chain Activity

Noxa reportedly generated approximately $7.66 million in fee revenue over the past seven days on a centralized exchange (CEX), according to on-chain monitoring data from BlockBeats. The activity was specifically observed on the Robinhood trading platform.

The report further revealed that the Noxa team had previously launched the NOXA token on DBK Chain—a blockchain network introduced by DeBank in 2025. However, the token has since demonstrated minimal on-chain engagement or active performance.

In a notable move just 14 hours prior to the report’s publication, the Noxa team executed a burn of 40% of NOXA’s total token supply, potentially signaling efforts to manage tokenomics amid low market traction.