According to CoinDesk, the slowdown in Robinhood's blockchain activity has spread from fees to transactions themselves. Since mid-September, the average daily transaction volume on Robinhood Chain has decreased by 42%, from 10.8 million transactions between September 10-16 to 6.2 million between October 2-8. During the same period, daily active addresses decreased by 31%, and spot trading volume fell by 21%. Despite Robinhood extending its promotion to cover network fees for customer token swaps until December 31, trading activity remains subdued. However, deposits in lending and trading applications on the chain grew by 2% in a week, reaching $1.04 billion, and perpetual futures trading volume also increased by 26%.