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Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records

The Defiant·August 6, 2026·1 min read
Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records

Robinhood Chain's daily DEX volume fell 72% from $878 million on Jul. 11 to $241 million on Aug. 1, even as transactions, deposits, and stablecoin supply hit all-time highs. Volume per transaction dropped 74%. Over 90% of the chain's incentive spending goes to depositors.

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