Robinhood Chain’s revenue has dropped sharply from its recent high, according to data from DeFiLlama. After reaching about $5.44 million on Sept. 4, the figure kept falling and stood at $841,178 on Sept. 11. That means the chain’s revenue has remained below $1 million for three consecutive days and is down 85% from the peak.
DeFiLlama data also shows Robinhood Chain recorded about $2.498 billion in 24-hour DEX volume. Over the past seven days, the chain generated $10.55 million in revenue. Its revenue for the past 30 days was about $32.29 million.
The figures point to a steep cooldown in short-term revenue after the Sept. 4 high, while trading activity on decentralized exchanges on the chain remained in the billions of dollars over the latest 24-hour period.
Robinhood Chain revenue has continued to decline after hitting a peak of about $5.44 million on Sept. 4, according to DeFiLlama data. By Sept. 11, revenue had fallen to $841,178.
The data shows revenue stayed below $1 million for three straight days, marking an 85% drop from the peak. Robinhood Chain’s 24-hour DEX volume was about $2.498 billion.
Over the past seven days, the chain posted $10.55 million in revenue. Revenue over the past 30 days was about $32.29 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
