Robinhood Chain earned $943,728 in gas revenue on Sept. 10, down 82.6% from the $5.44 million it took on Sept. 4, DefiLlama data shows. Trading activity on the network did not fall with it.
Gas revenue tracks demand for blockspace. Robinhood Chain is clearing roughly the same number of transactions it cleared at the peak, at a fraction of the price, after the early-September congestion that pushed its base fee more than 20 times above its floor eased.
Sept. 4 is the network's record day for both fees and revenue, at $6.04 million and $5.44 million. By Sept. 10 the fee line was $1.05 million and the revenue line $943,728, the lowest daily figure since Aug. 29.
But activity doesn’t track revenue decline. Decentralized exchange volume was $1.87 billion on Sept. 10 against $1.89 billion on Sept. 4. DEX volume over the seven days through Sept. 10 came to $12.34 billion, up 26.5% from $9.76 billion the previous week, and included a record $2.06 billion on Sept. 8. Friday's incomplete day had already passed that, at $2.42 billion.
The drop circulated on X after Stacy Muur put it at 87% on Friday morning. DefiLlama's series puts the fall from the Sept. 4 peak through Sept. 10 at 82.6%.
