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Activity on a specialized blockchain for financial services and tokenized real-world assets is dropping sharply.
Growthepie reports that Robinhood Chain recorded 4.1 million transactions in its latest daily reading, a 14.6% decrease from the previous week.
Daily active addresses fell to 268,900, down 18% week over week. Daily chain revenue dropped to $33,700, marking a 43% weekly decline.
The stablecoin supply remained steady at $1.1 billion, up 1.4% week over week.
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The chain ranks third among 27 tracked chains by transaction count and fifth by stablecoin supply and revenue.
DEX volume reached $569.19 million in the latest 24 hours, with $39.627 billion over 30 days, according to DefiLlama.
Uniswap accounted for $496.7 million of that 24-hour volume.
Robinhood Chain launched its permissionless public mainnet on July 1 as an Arbitrum Orbit Layer 2.
On October 1, Robinhood Wallet integrated the Arcus API for stock token spot trading on the chain.
