CoinDesk reports Robinhood Chain daily revenue fell 87% from September 4 peak
CoinDesk says the revenue decline came from higher capacity reducing congestion fees, not falling activity. It reports decentralized exchange volumes near $2 billion and active addresses up 16.5%.
TLDR
CoinDesk said on September 11 that Robinhood Chain’s daily revenue had fallen 87% from its September 4 peak to $1.06 million. The publisher attributed the drop to higher capacity reducing congestion fees rather than falling activity, reporting decentralized exchange volumes near $2 billion and a 16.5% rise in active addresses.
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