Robinhood Chain Rakes in $42 Million in First 70 Days
The Robinhood Chain has achieved significant revenue in its first 70 days on mainnet. According to monitoring by Yujin, the blockchain earned $42.58 million (17,171 ETH) since its launch, averaging around $608,000 per day. This substantial income is attributed to transactions facilitated through the chain.
Breaking down the revenue distribution, it's clear that 90% of the total earnings belong to Robinhood Chain itself, amounting to approximately $38.32 million (15,454 ETH). On the other hand, technology provider Arbitrum took a 10% cut, totaling around $4.26 million (1,716 ETH).