Robinhood Chain revenue down 85% from peak, below $1M for third straight day

Robinhood Chain’s network revenue has been declining since reaching $5.54 million on Sept. 4, and daily revenue fell to $841,178 as of Sept. 11, staying below $1 million for a third straight day, according to DeFiLlama data. That marks an 85% drop from the peak. Despite weaker profitability, 24-hour DEX trading volume held at about $2.498 billion.