Hayden Adams pushes back on claims that Robinhood Chain is “dead”

Uniswap founder Hayden Adams has rejected community claims that Robinhood Chain is "dead," arguing that conclusions drawn solely from fee revenue charts miss the chain’s actual strategy. In his response, Adams said Robinhood raised the gas limit and lowered user fees to expand on-chain capacity and meet heavy demand for block space, rather than maximize short-term fee income. He added that roughly 95% of Robinhood Chain’s decentralized exchange volume currently comes from Uniswap and said the chain is performing well overall. The remarks address a narrative that falling revenue signals weakening activity. Dragonfly managing partner Haseeb had made a similar point earlier. He said Robinhood Chain’s on-chain revenue dropped sharply after the fee cut, but DEX volume has remained strong and now ranks behind only Solana. Haseeb said the move appears deliberate, with Robinhood prioritizing lower fees and higher throughput to attract real-world assets, or RWA, and broader on-chain financial activity instead of optimizing short-term sequencer revenue.