Cabal Desk
The Wrap No. 000041

Chain revenue fell 85% to $841,178 while DEX volume held at $2.498B

Daily revenue fell 85% from the September 4 peak to $841,178 while the chain still moved $2.498 billion in a day.

Illustration: Chain revenue fell 85% to $841,178 while DEX volume held at $2.498B

Robinhood Chain daily revenue fell 85% from a peak of about $5.44 million on September 4 to $841,178 on September 11.[1][2] Odaily reported the figures on September 12, citing DefiLlama.[3]

DEX volume on the chain was about $2.498 billion over the last day.[4] Trading kept up; the rake did not.

Total DEX volume passed $34.6 billion in the chain’s first two months.[5] Stablecoin supply crossed $1 billion by mid-September.[6]

The chain’s revenue is the number it keeps. Yours is the one it takes first.

Watch the revenue line tomorrow. The volume has said its piece.

Who gains, who loses

[1][2] the chain's fee take collapses while trading under it keeps running; wallets pay the same way into a thinner chain.
[4] venues keep the flow and the fee; the chain's own revenue line shrinks.
[5][6] liquidity and stablecoins stay parked on the chain, so the drawdown sits in revenue, not in the tokens moving.

Receipts

[1]

Robinhood Chain's daily revenue has plunged 85% from its peak of about $5.44 million on Sept. 4 to its level on Sept. 11.

“Robinhood Chain's daily revenue has plunged 85% from its peak.”

[2]

Robinhood Chain's daily revenue fell from a peak of about $5.44 million on Sept. 4 to $841,178 on Sept. 11, staying below $1 million for three straight days.

“Robinhood Chain's daily **revenue** fell from a peak of about $5.44 million on Sept. 4 to $841,178 on Sept. 11, staying below $1 million for three straight days.”

[3]

Odaily reported on Sept. 12, citing DefiLlama data, that Robinhood Chain's daily revenue reached a high of about $5.44 million on Sept. 4 and has declined steadily since.

[4]

Robinhood Chain's decentralized exchange (DEX) volume totaled about $2.498 billion over the past 24 hours as of the report on September 12, 2026.

“Robinhood Chain's decentralized exchange, or DEX, volume totaled about $2.498 billion over the past 24 hours.”

[5]

In just its first two months, cumulative DEX volume on Robinhood Chain exceeded $34.6 billion.

[6]

Stablecoin supply on Robinhood Chain crossed $1 billion by mid-September 2026.

“Stablecoin supply on the network crossed $1 billion by mid-September.”

CABAL DESK is reporting, written with AI under human oversight. Every bracketed number opens its receipt: the source, the quoted span, the hash. Headlines and characterisations are commentary; the sourced facts are the receipts. Not investment advice. Corrections log. Editorial & legal.