Robinhood Chain DEX volume falls 23% as traders question its momentum

Robinhood Chain has recorded a 23.1% weekly drop in decentralized exchange volume while retaining $1.132 billion in DeFi deposits, as traders debate whether its post-launch slowdown signals deeper problems. Summary Robinhood Chain’s weekly DEX volume reached $5.255 billion, down 23.1% from the preceding seven-day period. $1.132 billion remains locked in DeFi, with stablecoin capitalization standing at $1.05 billion. DJ Griffith’s Oct. 23 chart places Robinhood Chain behind Solana, BNB Chain and Base. Community commentators have split over trading losses, builder support and the timeline for tokenized-stock adoption. DefiLlama’s Oct. 26 dashboard lists $683.98 million in 24-hour spot DEX volume and $5.255 billion over seven days. Perpetual futures trading reached $6.869 billion for the week, down 4.62%, a smaller decline than spot activity. The network’s trading slowdown has drawn criticism from participants who expected Robinhood’s brand and financial products to sustain its early momentum. Others have defended the chain, arguing that a few months of trading provide too little time to judge its development. Robinhood Chain trails rivals in seven-day trading averages DJ Griffith sha...