Robinhood Chain Daily Transaction Volume Drops 42%, Spot Trading Volume Falls to $7.45 Billion

During the period from October 2 to 8, Robinhood Chain had an average daily transaction volume of 6.2 million transactions, a decrease of 42% compared to mid-September; the number of daily active addresses fell by 31%. Weekly spot trading volume decreased by 21% to $7.45 billion, but the deposit scale still exceeded $1 billion, while perpetual contract trading volume increased by 26%. Robinhood will continue to cover network fees for token exchanges over $0.50 until December 31 to enhance network activity.

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