# Robinhood Chain Transactions Fall 42% as Early Activity Slows By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/30094 Published: 2026-10-12T07:24:43.000Z Updated: 2026-10-12T07:24:43.000Z Section: Technology > The network averaged 6.2 million daily transactions in early October, while active addresses and weekly spot volume also declined. Robinhood Chain’s activity weakened in early October, with transaction counts, active addresses and spot trading volume all declining as the permissionless Ethereum Layer 2 moved beyond its initial launch period. The network averaged 6.2 million daily transactions, down 42% from mid-September levels. [Spot volume fell 21% to $7.45 billion]() during Oct. 2-8, while deposits remained above $1 billion and perpetual-contract trading volume rose 26%. Robinhood Chain processed 4.1 million transactions in its latest daily reading, a 14.6% decline from the previous week. Daily active addresses fell 31% from mid-September levels and 18% week over week to 268,900. Daily chain revenue dropped 43% week over week to $33,700. Stablecoin supply held at $1.1 billion, up 1.4% from a week earlier. The network ranked third among 27 tracked chains by transaction count and fifth by stablecoin supply and revenue. Decentralized exchange volume reached $569.19 million over the latest 24-hour period and $39.627 billion over 30 days, with Uniswap accounting for $496.7 million of the 24-hour total. Robinhood launched the permissionless public mainnet July 1 as an Ethereum Layer 2 built with Arbitrum technology. Robinhood Wallet integrated the Arcus API on Oct. 1 for spot trading in stock tokens on the chain. Activity remained concentrated among crypto-native users, while Robinhood’s 27 million funded accounts had not yet migrated at scale. More than 340,000 tokens had been issued by the end of August, and meme-token trading paired with Robinhood Stock Tokens reached $518 million in volume. Robinhood will continue covering network fees for token swaps above 50 cents through Dec. 31. Stock Tokens are unavailable to U.S. persons. ## Links in this article - [Spot volume fell 21% to $7.45 billion](https://www.tokenpost.com/news/technology/29393)