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Saturday, September 19, 2026

Robinhood Chain fees collapse 97% even as transactions stay near record highs

by marketdash
0 comments

But its numbers show no sign of them arriving. Solana’s decentralized exchanges processed about $17 billion during Sept. 10-16, down 8% from the preceding week, while PumpSwap, the exchange tied to memecoin launchpad Pump.fun, recorded $2.9 billion, down 36% against Pons’ 37%.

Specific tokens may have pulled traders between the networks, but the chain-wide figures do not show a wholesale migration from Robinhood to Solana.

However, direct bridge flows show some money did move toward Solana. deBridge, a platform that enables token transfers between the two networks, processed $8.2 million from Robinhood to Solana during Sept. 10-16 and just over $6 million in the opposite direction, resulting in a net outflow of about $2 million.

The previous week was almost perfectly balanced, with $13.4 million leaving Robinhood and $13.3 million entering. Transfer counts then moved toward Robinhood, with about 5,000 Solana-to-Robinhood orders during…



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