Default
Door Remote - 10 Oct 2026
The number of active blockchain addresses also declined, averaging about 322,000 a day in the latest week, down 31% from mid-September. That suggests less activity, though it doesn't necessarily mean 31% fewer people are using the network. One person can control multiple addresses, and automated trading programs can generate thousands of transactions.
Robinhood Chain transactions have fallen 42%. (Shaurya Malwa/CoinDesk)Less trading, steady balancesSpot exchanges, where users buy and sell tokens directly, handled $7.45 billion during Oct. 2–8, down 21% from $9.46 billion the week before, according to CoinDesk calculations using DefiLlama. Uniswap, an app that lets people swap tokens with each other without a company in the middle, handled roughly 77% of that.
However, the decline in trading doesn’t mean users are pulling their money out.
Deposits in the chain’s lending and trading apps rose about 2% over the week to $1.04 billion, and the supply of stablecoins, tokens pegged to the dollar, ticked up to roughly $1.10 billion. That suggests the pile of money is simply being traded less, with traders keeping their funds on Robinhood Chain and waiting.
One area is still growing, however: Trading in perpetual futures, which allow investors to bet on price movements without owning the underlying tokens.
DefiLlama’s rolling seven-day figures on Friday showed about $7.35 billion in perpetual futures volume, contracts that let traders bet on prices without owning the tokens, up 26%.
Robinhood Chain transactions have fallen 42%. (Shaurya Malwa/CoinDesk)Less trading, steady balancesSpot exchanges, where users buy and sell tokens directly, handled $7.45 billion during Oct. 2–8, down 21% from $9.46 billion the week before, according to CoinDesk calculations using DefiLlama. Uniswap, an app that lets people swap tokens with each other without a company in the middle, handled roughly 77% of that.
However, the decline in trading doesn’t mean users are pulling their money out.
Deposits in the chain’s lending and trading apps rose about 2% over the week to $1.04 billion, and the supply of stablecoins, tokens pegged to the dollar, ticked up to roughly $1.10 billion. That suggests the pile of money is simply being traded less, with traders keeping their funds on Robinhood Chain and waiting.
One area is still growing, however: Trading in perpetual futures, which allow investors to bet on price movements without owning the underlying tokens.
DefiLlama’s rolling seven-day figures on Friday showed about $7.35 billion in perpetual futures volume, contracts that let traders bet on prices without owning the tokens, up 26%.