Robinhood Chain Rakes In Over $40 Million in First 70 Days

Routine analysis of blockchain data by Wu Blockchain reveals that Robinhood Chain generated significant revenue following its launch. In the 70 days after going live, the platform accumulated a cumulative revenue of approximately $42.58 million. According to Ether prices at the time, this total translates to around 17,171 ETH.

The average daily revenue for Robinhood Chain over this period was roughly $608,000. Notably, about 90% of the total revenue went directly to Robinhood Chain, totaling approximately 15,454 ETH or $38.32 million. The remaining 10%, valued at around 1,716 ETH ($4.26 million), was allocated to Arbitrum, the technology provider for the platform.