October 12th 2026, 7:04 AM
Robinhood Chain Activity Plummets Post-Launch Slump
Key Summary
Robinhood Chain's activity has plummeted by over 40% since its launch as a permissionless public mainnet on July 1st, with daily transactions and revenue declining sharply, according to data from DeFiLlama and Growthepie.
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Activity Decline
Activity on Robinhood Chain, a blockchain for financial services and tokenized real-world assets, has dropped sharply following its launch as a permissionless public mainnet on July 1st. According to data from DeFiLlama and Growthepie, daily transactions fell to 4.1 million, down 14.6% from a week earlier, while daily active addresses decreased to 268,900, down 18% week over week.Revenue Decline
Daily chain revenue also declined, falling to $33,700, a 43% weekly decline. However, stablecoin supply remained steady at $1.1 billion, up 1.4% week over week. The chain ranks third among 27 tracked chains by transaction count and fifth by stablecoin supply and revenue.DEX Volume
DEX volume reached $569.19 million in the latest 24 hours, with $39.627 billion over 30 days, according to DeFiLlama. Uniswap accounted for $496.7 million of that 24-hour volume.Integration
Robinhood Wallet integrated the Arcus API for stock token spot trading on the chain on October 1st, which may impact the chain's activity and revenue in the coming weeks.#RobinhoodChain#US#Crypto#DeFi