Robinhood Chain app revenue falls to $2.81M, seventh straight weekly decline
- —Weekly app revenue on Robinhood Chain was about $2.81 million
- —Down more than 90% from the peak of $37.7 million
- —First time weekly revenue dropped below $3 million
- —Lighter, Pons, Arcus, Uniswap, GMGN and fomo still top $100K a week
Why it matters: The slump signals fading retail demand for meme coins and trading on Robinhood's L2, a test of its push into tokenized finance.
Source: TokenPost