Robinhood chain recorded about 4 million daily transactions yesterday, down roughly 40.7% from the previous day, according to the Adam Tehc data dashboard. The chain’s decentralized exchange, or DEX, volume also pulled back sharply to $1.3 billion. That figure is more than 60% below its peak level. TechFlow reported the update on Sept. 7. The figures point to a clear day-over-day slowdown in on-chain activity and a steep retreat in DEX trading volume from earlier highs. No additional breakdown on the timing of the peak or the drivers behind the move was provided in the source report.
Robinhood chain posted about 4 million daily transactions yesterday, a decline of roughly 40.7% from the previous day, according to the Adam Tehc data dashboard.
DEX volume on the chain fell back to $1.3 billion, down more than 60% from its peak, according to TechFlow’s Sept. 7 report.
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