Robinhood Chain Is Dead? Uniswap Founder Calls Drawing Conclusions from Revenue Chart Alone 'Ridiculous'

Odaily News: Uniswap founder Hayden Adams posted on X platform that it is "ridiculous" to see community users declaring Robinhood Chain "dead" based solely on a fee revenue chart. In reality, Robinhood simply raised the Gas limit and lowered user fees to expand on-chain capacity and meet enormous block space demand.

According to DefiLlama data, Robinhood Chain revenue has been continuously declining recently, standing at $403,001 in the past 24 hours. Dragonfly Managing Partner Haseeb stated that Robinhood Chain's on-chain DEX trading volume remains strong and is second only to Solana. Robinhood places greater emphasis on attracting RWA and on-chain financial activity through low fees and higher capacity, rather than optimizing short-term sequencer revenue.