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      Robinhood Chain Revenue Declines While Trading Volume Remains High

      On September 10, Robinhood Chain reported a significant drop in gas revenue, earning $943,728, which marks an 82.6% decrease from its peak revenue of $5.44 million recorded on September 4. Despite this decline in revenue, trading activity on the network has remained robust, with decentralized exchange (DEX) volume reaching $1.87 billion on September 10, only slightly down from $1.89 billion on September 4. Over the week leading up to September 10, DEX volume surged to $12.34 billion, reflecting a 26.5% increase from the previous week.

      The decline in revenue is attributed to a decrease in the average transaction cost, which fell to $0.077 on September 10 from $0.43 on September 4. This change follows a period of congestion that had previously driven fees significantly higher. The network processed approximately 13.6 million transactions on September 10, a slight decrease from 13.98 million on September 4. The base fee for transactions has also dropped, indicating a reduction in demand for blockspace.

      Despite the revenue drop, Robinhood Chain remains the second-largest blockchain by daily revenue, trailing only Canton, which earned $1.55 million on the same day. Over the past week, Robinhood Chain generated $15.15 million in revenue, maintaining its lead over other chains. Applications on the chain also performed well, collectively earning $2.64 million in revenue on September 10, surpassing Ethereum in this metric since late August. Total value locked in the chain has increased to $903.77 million, indicating continued interest and investment in the platform.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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