Robinhood Chain’s daily transactions fell 42% from mid-September to 6.2 million in Oct. 2-8, while daily active addresses dropped 31% and weekly spot trading volume slid 21% to $7.45 billion. according to CoinDesk, Robinhood will keep covering network fees on token swaps above 50 cents through Dec. 31 as it tries to revive activity.

Deposits stayed above $1 billion, but users paid about $65,000 a day in network fees, down 39% from the prior week, while perpetual futures volume rose 26% to about $7.35 billion.