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Robinhood Chain Revenue Plunges 85%, Stays Below $1 Million for Third Straight Day

Source
Uk Jin

Summary

  • Robinhood Chain's daily revenue has plunged 85% from its previous peak.
  • Robinhood Chain's daily revenue fell from a peak of about $5.44 million on Sept. 4 to $841,178 on Sept. 11, staying below $1 million for three straight days.
  • Robinhood Chain's decentralized exchange (DEX) volume totaled about $2.498 billion over the past 24 hours.
Photo: Shutterstock
Photo: Shutterstock

Robinhood Chain's daily revenue has plunged 85% from its peak.

Odaily reported on Sept. 12, citing DefiLlama data, that Robinhood Chain's daily revenue reached a high of about $5.44 million on Sept. 4 and has declined steadily since.

It fell to $841,178 on Sept. 11, remaining below $1 million for a third straight day. That marks a drop of about 85% from Sept. 4.

Robinhood Chain's decentralized exchange, or DEX, volume totaled about $2.498 billion over the past 24 hours.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

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