Robinhood Chain fees collapse 97% even as transactions stay near record highs
60-second summary
Robinhood reports that its Chain fees have collapsed 97% year‑to‑date, with the seven‑day average dropping 82% while daily transaction volume remains near record levels, moving roughly $1.5 billion each day despite a 6% dip in transaction counts. The steep fee decline pressures profit margins but could attract more traders, potentially boosting overall market liquidity.
Seven-day average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands.