Robinhood Chain Shatters Daily Fee Revenue Record
The Robinhood Chain has hit a record daily fee revenue of $3.75 million on Tuesday, according to data from DeFiLlama.
This is the network's fourth consecutive day of record daily fee revenue and its highest single-day total since launching its mainnet on July 1.
The Robinhood Chain generates revenue for Arbitrum under an expansion program. The network allocates 10% of its fees to Arbitrum, with 8% going to the DAO treasury and 2% to a developer fund.
This arrangement delivered roughly $370,000 in revenue to the Arbitrum ecosystem on Tuesday, compared to $7,000 in daily fees generated by Arbitrum itself during the same period.