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The Wrap No. 000183

Free gas on Robinhood Chain ends September 29; $55.28B moved in a month

The gas was free if the transaction started in Robinhood Wallet, and the subsidy ends September 29. After that every transaction pays gas in ETH.

Illustration: Free gas on Robinhood Chain ends September 29; $55.28B moved in a month

Robinhood Chain’s free gas ends September 29, the last day of the subsidy that covered transactions sent from Robinhood Wallet.[1]

After that, every transaction pays its own gas in ETH.[2]

The chain’s exchanges did $55.28 billion over the past month.[3]

The daily pace is cooling. The monthly average was $1.84 billion a day; the weekly average was $1.38 billion a day.[4]

The launchpad Pons took $1.24 million in fees in a day and $14.83 million in a week.[5][6]

On that day the gas line becomes the trader’s own, on a chain that has sent him no bill.[2]

The record will list the first paid day in the same format.

Who gains, who loses

The 90-day gas subsidy ends September 29 wallets that route through Robinhood Wallet start paying ETH gas, and the chain stops absorbing it
Pons took $1.24 million in fees in a day against $14.83 million in a week the launchpad's fee take is concentrated in fewer days, and the days after the deadline carry it
$55.28 billion over the past month against $1.84 billion and $1.38 billion daily averages volume is still large, but the weekly pace is the one that starts paying gas

Receipts

[1]

Robinhood Chain’s 90-day gas subsidy for transactions initiated through Robinhood Wallet expires on September 29, 2026.

“At launch on July 1, 2026 Robinhood covered transaction fees for 90 days, provided the transaction came from the Robinhood Wallet.”

[2]

After the subsidy expires, Robinhood Chain transactions pay gas in ETH.

“After it, every movement pays its own gas in ETH.”

[3]

Robinhood Chain recorded $55.28 billion in DEX volume over the preceding 30 days as of September 28, 2026.

“On trading volume the gap is wider still. $55.28 billion passed through the chain's decentralised exchanges over the past 30 days, $9.65 billion over the past seven days and $947 million over the past 24 hours.”

[4]

Robinhood Chain’s DEX volume averaged $1.84 billion per day over the preceding month and $1.38 billion per day over the preceding week as of September 28, 2026.

“On trading volume the decline is milder: $1.84 billion a day on the monthly average against $1.38 billion on the weekly average.”

[5]

Pons collected $1.24 million in fees over 24 hours as of September 28, 2026.

“Our own measurement of September 28 shows how quickly that has cooled. Pons in its current version took $1.24 million in fees over 24 hours.”

[6]

Pons collected $14.83 million in fees over seven days and $146.35 million over 30 days as of September 28, 2026.

“Over seven days the launchpad comes to $14.83 million, or $2.12 million a day; over 30 days to $146.35 million, or $4.88 million a day.”

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.