BBX Logo Beta

Robinhood Chain's daily fee drops to $230000, resulting in a decrease in trading volume and revenue

--

Robinhood Chain's fee revenue decreased from approximately $8 million per day in early September to approximately $230000 on September 16th, with a decrease in transaction volume from 13.1 million to 8.9 million and an average fee per transaction from $0.64 to $0.026. The 7-day average cost decreased by 82%, and the number of transactions decreased by 6%. As of the week ending September 16th, the trading volume of Robinhood ecosystem DEX was approximately $13 billion, up 5% month on month, while the supply of stablecoins decreased by 1% to approximately $1 billion. In the past 24 hours, on chain applications have collected approximately $8 million in fees and retained approximately $1.5 million in revenue. The trading volume of the token issuance platform Pons for the week was about 616 million US dollars, a decrease of 37% compared to the previous week, and the protocol revenue decreased from 10.7 million US dollars to 5.8 million US dollars.

Loading...