ROBINHOOD CHAIN REVENUE FALLS 83% FROM ITS PEAK WHILE TRADING VOLUME SETS RECORDS

Summary from the TLDR Crypto newsletter

Robinhood Chain's daily gas revenue fell 82.6% from $5.44 million on September 4 to $943,728 on September 10, driven by average transaction cost compression from $0.43 to $0.077 as the base fee normalized to 0.14 to 0.31 gwei after peaking at 0.467 gwei on September 2. Transaction count declined just 3% over the same period, with 13.6 million processed on September 10, pointing to fee deflation rather than user attrition as the cause. DEX volume on the chain surged 26.5% week-over-week to $12.34 billion, with September 8 setting a single-day record of $2.06 billion. Robinhood Chain leads all networks in seven-day cumulative revenue at $15.15 million, backed by $903.77 million in TVL and $1.01 billion in stablecoin deposits.