On-Chain Activity on Robinhood Chain Continues to Cool; Spot DEX Trading Volume Declines Week on Week 21%

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⚡️Robinhood On-Chain Cools: Daily Transaction Volume 1 Weekly Decline 42%，DEX Trading Volume Falls 21%According to BlockBeats,October 10, on-chain activity on Robinhood Chain continued to cool. Data show that October 2 to 8, the network's average daily transaction count fell to 6200000 transactions, down from September 10 to 16's 10800000 transactions by 42%, representing a weekly decline of 20%; average daily active addresses were approximately 322000, down September from mid-.

Trading volume and network revenue came under pressure simultaneously. During the same period, weekly spot 31%trading volume on Robinhood Chain fell to DEX, down from the previous 7450000000 USD weeks'1 by 9460000000 USD; average daily network fee revenue was approximately 21%, down 65000 USD week on week. Previously, the network's fee revenue reached 39%in a single day in early September.

However, capital has not yet shown significant outflows. During the same period, deposits in on-chain lending and trading applications grew by approximately 8000000 USD, reaching 2%, while stablecoin supply rose to approximately 1040000000 USD; perpetual contract trading volume increased by 1100000000 USD, reaching approximately 26%.

To stimulate trading activity, Robinhood has extended its fee subsidy for token swaps exceeding 7350000000 USD per transaction through Robinhood Wallet until 0.5 USD. The subsidy was originally scheduled to end on December 31.

Original link September 29 https://m.theblockbeats.info/flash/371122

Key points

October 2 to 8, Robinhood Chain's average daily transaction count was 6200000 transactions, down from September 10 to 16's 10800000 transactions. 42%。
Average daily active addresses during the same period were approximately 322000, down September from mid-. 31%。
Weekly spot DEX trading volume during the same period was 7450000000 USD, down from the previous 1 weeks'9460000000 USD by 21%。
Average daily network fee revenue was approximately 65000 USD, down 39%week on week; it had previously reached September in a single day in early 8000000 USD。
During the same period, deposits in on-chain lending and trading applications grew by approximately 2%, reaching 1040000000 USD; stablecoin supply rose to approximately 1100000000 USD。
During the same period, perpetual contract trading volume increased by 26%, reaching approximately 7350000000 USD。
Robinhood has extended its fee subsidy for token swaps exceeding 0.5 USD per transaction through Robinhood Wallet until December 31。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

This means that the network's recent spot trading and general on-chain usage metrics have weakened, and fee revenue has also declined; however, deposits, stablecoin supply, and perpetual contract trading volume are still growing.

Why it matters to readers

The data show cooling on-chain spot activity alongside growth in certain capital and derivatives activity; the extended subsidy may affect subsequent trading data.

Transaction counts, active addresses, and DEX trading volume can be understood as indicators of usage activity, while fee revenue can be understood as an indicator of network monetization.

Risks and unknowns

The original article does not provide the underlying data platform for the above figures, so it is unclear whether the data can be independently verified.
The evidence does not yet provide results on whether the extended fee subsidy can drive a recovery in trading activity.
The evidence does not state whether growth in certain capital and perpetual contract activity can be sustained.

On-Chain Activity on Robinhood Chain Continues to Cool; Spot DEX Trading Volume Declines Week on Week 21%

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