Robinhood Chain's fee boom is fading. On September 4th, activity on Robinhood Chain generated a record $31.47 MILLION in fees in a single day. Today, daily fees are down to $1.85 million, a -94% drop from the peak. The surge was driven by memecoin-style trading on platforms like Pons and GMGN, not the tokenized stocks Robinhood originally pitched.