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

Source
Bloomingbit Newsroom

Summary

  • Robinhood Chain's daily revenue plunged 85% from its recent peak.
  • Based on DefiLlama data, daily revenue stood at $841,178 on September 11, remaining below $1 million for a third straight day.
  • Still, Robinhood Chain's decentralized exchange (DEX) trading volume reached about $2.498 billion over the past 24 hours.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

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

Odaily, citing DefiLlama data, reported that Robinhood Chain's daily revenue peaked at about $5.44 million on September 4 and has declined steadily since then.

It fell to $841,178 on September 11, staying below $1 million for a third straight day. That was down about 85% from September 4.

Still, Robinhood Chain's decentralized exchange (DEX) trading volume reached about $2.498 billion over the past 24 hours.

Bloomingbit Newsroom

Bloomingbit Newsroom

news@bloomingbit.ioFor news reports, news@bloomingbit.io

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