Robinhood Chain Fees Soar Past $4.5M as Ethereum Earns Meager $398

Robinhood Chain's daily fees reached approximately $4.5 million on September 3, according to Bitquery data cited by South Korean outlet Digital Asset.

This figure represents gross user charges collected by the Layer 2 during that day, while Ethereum received roughly $398 for data posting and proof costs.

The significant gap between Robinhood Chain's growth and Ethereum's revenue highlights how Ethereum earns from its Layer 2 network. The distinction lies in the separation of transaction execution from settlement and data availability services, with most fees staying on the execution layer and a smaller payment going to Ethereum for settlement and data services.

The ratio of Robinhood Chain's daily fee total to Ethereum's payment was roughly 11,000 times, but this comparison is not identical since it measures gross user charges versus a payment for settlement-related services. This difference does not mean Ethereum received no economic value, as it provides the settlement layer and data availability services that allow other participants to verify the chain's published information.