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Robinhood Chain Fees Drop 97% as Transaction Volume Holds Steady

By Markets Desk · 2026-09-19 · Updated 2026-09-19 12:31 UTC
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Illustration: Tradingbird

Robinhood Chain fees have dropped 97% from their peak, yet transaction volumes remain near record highs. New data indicates that overall DEX trading volume on the network has slightly increased, challenging the narrative that users are abandoning the platform for Solana.

  • CoinDesk reports that while the network's fee revenue collapsed, trading volume on Robinhood's decentralized exchanges actually increased by 5% to approximately $13 billion over the past week. This data suggests the fee reduction reflects a cheaper network rather than a loss of user activity to competitors like Solana.

    Source: CoinDesk

  • Network revenue fell from $2.7 million to $230,000 daily. Transaction counts remained near record highs.

    Source: CoinDesk
Based on reporting by CoinDesk and CoinDesk, compiled by the Tradingbird desk.

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