Robinhood Chain’s daily fees fell 97% to about $230,000 while transaction volume stayed near record levels, with $1. 5 billion moving daily.
Robinhood Chain’s fee income dropped dramatically, falling 97% from a peak of roughly $8 million in a single day to about $230,000 by Sept. 16, even as transaction counts declined only 32% to 8.9 million daily. A seven‑day average shows fees down 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands on the network.
Despite the fee collapse, decentralized‑exchange activity on the chain rose 5% week‑over‑week to about $13 billion, and protocol revenue remained high, generating roughly $8 million in fees over the latest 24 hours and retaining $1.5 million as revenue. The launchpad Pons saw trading volume fall 37% to $616 million during Sept. 10‑16, while Uniswap V3 volume more than doubled and Uniswap V4 volume fell 22%. Pseudonymous trader Unipcs said higher gas fees did not affect his trading decisions.
Bridge data indicate a modest net outflow of roughly $2 million from Robinhood Chain to Solana during Sept. 10‑16, with transfer counts favoring Robinhood. Overall, the available reporting focuses on fee and transaction metrics, DEX volumes, and limited bridge flow data, leaving broader market impacts unaddressed.