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. 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.

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